September 2013 Lodging Metrics

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• Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 76.8%, up +1.3% compared to the same period last year (75.9%).
• Los Angeles ADR was $133.21 and ranked 7th among the Top 25 Markets, up +4.4% compared to the same period last year ($127.62).
• Los Angeles RevPAR was $102.32 and ranked 7th among the Top 25 Markets, up +5.7% compared to the same period last year ($96.82).
• Rooms nights sold were 2.24 million countywide, reflecting a +1.7% increase over September 2012 (2.20 million room nights).
• The LAX area (85.4%) and Santa Monica/Marina del Rey (83.8%) both reported the highest Occupancy rate for the month.
• South Bay (+9.7%) and Los Angeles Southeast (+9.3%) reported the largest YOY RevPAR growth.

• Los Angeles rose to 4th place among the Top 25 Markets with a YTD Occupancy rate of 78.3%, up +1.8% compared to the same period last year (76.9%).
• Markets ranking higher are Oahu Island (85.1%), New York City (84.3%), and San Francisco (83.8%) and LA is just edging out Miami (78.2%).
• Los Angeles YTD ADR is $137.30 and ranks 9th out of the Top 25 Markets, up +5.0% compared to the same period last year ($130.72).
• Los Angeles YTD RevPAR is $107.44 and ranks 6th out of the Top 25 Markets, up +6.9% compared to the same period last year ($100.49).
• YTD rooms nights sold are 20.73 million countywide, reflecting a +2.0% increase over 2012 (20.32 million room nights).
• The LAX area reported the highest YTD occupancy at 85.7%, followed by Santa Monica/MDR (83.9%) and Hollywood/Beverly Hills (82.8%).
• Los Angeles Southeast (+9.6%) and South Bay (+9.3%) reported the largest YOY RevPAR growth. Santa Monica reported the largest YTD ADR growth (+7.9).