June 2017 Lodging Metrics

June 2017
•  Los Angeles ranked 8th place among the Top 25 Markets with an Occupancy rate of 84.9%, up +1.3% compared to June 2016 (83.8%).
•  Los Angeles ADR was $182.13 and ranked 6th among the Top 25 Markets, up +5.7% compared to June 2016 ($172.25).
•  Los Angeles RevPAR was $154.67 and ranked 6th among the Top 25 Markets, up +7.1% compared to June 2016 ($144.35).
•  Rooms nights sold were 2.57 million countywide, up +4.8% over June 2016 (2.45 million room nights).
•  The LAX Area (88.2%) reported the highest occupancy rate for the month.    

2017 Jan-Jun YTD
•  Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 81.2%, down -0.8% compared to the same period last year (81.8%).
o Markets ranking higher than Los Angeles in YTD occupancy are New York (83.7%), Oahu Island (82.7%), and San Francisco (82.2%).  
•  Los Angeles YTD ADR is $173.23 and ranks 6th out of the Top 25 Markets, up +1.4% compared to the same period last year ($170.82).  
•  Los Angeles YTD RevPAR is $140.62 and ranks 5th out of the Top 25 Markets, up +0.6% compared to the same period last year ($139.72).  
•  YTD rooms nights sold are 14.58 million countywide, reflecting a +0.7% increase over 2016 (14.47 million room nights).
•  The LAX Area (85.7%) and South Bay (83.9%) reported the highest occupancy rate year to date.