September 2017 Lodging Metrics

September 2017
•  Los Angeles ranked 8th place among the Top 25 Markets with an Occupancy rate of 80.3%, down -2.9% compared to September 2016 (82.7%).
•  Los Angeles ADR was $174.38 and ranked 6th among the Top 25 Markets, up +2.4% compared to September 2016 ($170.35).
•  Los Angeles RevPAR was $139.98 and ranked 6th among the Top 25 Markets, down -0.6% compared to September 2016 ($140.84).
•  Rooms nights sold were 2.45 million countywide, up +0.6% over September 2016 (2.44 million room nights).
•  Santa Monica/Marina Del Rey (87.5%) reported the highest occupancy rate for the month.  

 


2017 Jan-Sep YTD
•  Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 81.8%, down -1.6% compared to the same period last year (83.1%).
o Markets ranking higher than Los Angeles in YTD occupancy are New York (86.0%), San Francisco (84.5%), and Oahu Island (83.7%).
•  Los Angeles YTD ADR is $177.63 and ranks 6th out of the Top 25 Markets, up +1.4% compared to the same period last year ($175.14).  
•  Los Angeles YTD RevPAR is $145.24 and ranks 5th out of the Top 25 Markets, down -0.2% compared to the same period last year ($145.52).  
•  YTD rooms nights sold are 22.37 million countywide, reflecting a +0.6% increase over 2016 (22.24 million room nights).
•  The LAX Area (86.5%) and Santa Monica/Marina Del (85.7%) reported the highest occupancy rate year to date.

Source - Smith Travel Research

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