Lodging Metrics - April 2019

•  Los Angeles ranked 3rd among the Top 25 Markets with an Occupancy rate of 81.8%, up +3.2% compared to April 2018 (79.3%).

•  Los Angeles ADR was $180.93 and ranked 6th among the Top 25 Markets, down -0.4% compared to April 2018 ($181.59).

•  Los Angeles RevPAR was $148.00 and ranked 6th among the Top 25 Markets, up +2.8% compared to April 2018 ($144.00).

•  Rooms nights sold were 2.57 million countywide, up +3.9% over April 2018 (2.50 million room nights).

•  Santa Monica/Marina Del Rey (88.0%) reported the highest occupancy rate for the month.   

•  Los Angeles ranked 8th among the Top 25 Markets with a YTD Occupancy rate of 78.6%, up +0.3% compared to the same period last year (78.4%).

o Markets ranking higher than Los Angeles in year-to-date occupancy are Miami (82.4%), Oahu Island (82.3%), Orlando (81.7%), Tampa (80.2%), New York City (80.1%), Phoenix (80.0%), and San Francisco (78.9%).

•  Los Angeles YTD ADR is $177.53 and ranks 5th out of the Top 25 Markets, down -0.8% compared to the same period last year ($178.89). 

•  Los Angeles YTD RevPAR is $139.54 and ranks 5th out of the Top 25 Markets, down -0.5% compared to the same period last year ($140.26). 

•  YTD rooms nights sold are 9.86 million countywide, reflecting a +1.1% increase over 2018 (9.75 million room nights).

•  The LAX Area (85.9%) and Santa Monica/Marina Del Rey (84.0%) reported the highest occupancy rate year to date.
Source: STR