June 2018 Lodging Metrics

June 2018
•  Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 85.0%, up +1.4% compared to June 2017 (83.8%).
•  Los Angeles ADR was $184.08 and ranked 6th among the Top 25 Markets, up +1.7% compared to June 2017 ($180.97).
•  Los Angeles RevPAR was $156.40 and ranked 6th among the Top 25 Markets, up +3.2% compared to June 2017 ($151.62).
•  Rooms nights sold were 2.63 million countywide, up +3.9% over June 2017 (2.53 million room nights).
•  The LAX Area (90.0%) reported the highest occupancy rate for the month. 
 

2018 Jan-Jun YTD
•  Los Angeles ranked 6th place among the Top 25 Markets with a YTD Occupancy rate of 79.7%, down -1.3% compared to the same period last year (80.7%).
o Markets ranking higher than Los Angeles in YTD occupancy are New York (85.2%), Oahu Island (84.4%), Orlando (81.7%), San Francisco (81.6%) and Miami (81.2%).
•  Los Angeles YTD ADR is $178.74 and ranks 6th out of the Top 25 Markets, up +3.2% compared to the same period last year ($173.23).  
•  Los Angeles YTD RevPAR is $142.39 and ranks 5th out of the Top 25 Markets, up +1.8% compared to the same period last year ($139.86).  
•  YTD rooms nights sold are 14.91 million countywide, reflecting a +2.7% increase over 2017 (14.52 million room nights).
•  The LAX Area (86.4%) and Santa Monica/Marina Del Rey (85.5%) reported the highest occupancy rate year to date.
 

Source: STR