November 2015 Lodging Metrics

• Los Angeles ranked 5th place among the Top 25 Markets with an Occupancy rate of 72.4%, up +0.1% compared to the same period last year (72.3%).
• Los Angeles ADR was $152.92 and ranked 6th among the Top 25 Markets, up +5.5% compared to the same period last year ($144.91).
• Los Angeles RevPAR was $110.70 and ranked 6th among the Top 25 Markets, up +5.6% compared to the same period last year ($104.82).
• Rooms nights sold were 2.13 million countywide, up +0.2% over November 2014 (2.13 million room nights). 
• South Bay (76.7%) and Pasadena/Glendale/Burbank (75.4%) both reported the highest Occupancy rate for the month.

•   Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 80.6%, up +1.0% compared to the same period last year (79.8%). 

o Markets ranking higher are San Francisco (85.2%), Oahu Island (85.1%), and New York (84.8%).

•  Los Angeles YTD ADR is $159.31 and ranks 6th out of the Top 25 Markets, up +7.5% compared to the same period last year ($148.12).  

• Los Angeles YTD RevPAR is $128.38 and ranks 6th out of the Top 25 Markets, up +8.6% compared to the same period last year ($118.17).  
• YTD rooms nights sold are 26.39 million countywide, reflecting a +1.6% increase over 2014 (25.99 million room nights). 
• The LAX area reported the highest YTD occupancy at 85.9%, followed by South Bay (84.7%).