Lodging Metrics - February 2019

•  Los Angeles ranked 7th among the Top 25 Markets with an Occupancy rate of 79.6%, down -0.1% compared to February 2018 (79.7%).

•  Los Angeles ADR was $180.92 and ranked 5th among the Top 25 Markets, up +0.2% compared to February 2018 ($180.63).

•  Los Angeles RevPAR was $144.07 and ranked 5th among the Top 25 Markets, up +0.1% compared to February 2018 ($143.94).

•  Rooms nights sold were 2.33 million countywide, up +0.8% over February 2018 (2.31 million room nights).

•  The LAX Area (86.8%) reported the highest occupancy rate for the month.   

•  Los Angeles ranked 7th among the Top 25 Markets with a YTD Occupancy rate of 75.4%, down -0.9% compared to the same period last year (76.1%).

o Markets ranking higher than Los Angeles in year-to-date occupancy are Oahu Island (84.4%), Miami (81.3%), Orlando (78.8%), Phoenix (78.4%), Tampa (77.6%), and San Francisco (76.3%).

•  Los Angeles YTD ADR is $176.73 and ranks 5th out of the Top 25 Markets, down -0.1% compared to the same period last year ($176.85). 

•  Los Angeles YTD RevPAR is $133.28 and ranks 5th out of the Top 25 Markets, down -1.0% compared to the same period last year ($134.56). 

•  YTD rooms nights sold are 4.65 million countywide, reflecting a +0.1% increase over 2018 (4.64 million room nights).

•  The LAX Area (83.3%) and Santa Monica/Marina Del Rey (80.7%) reported the highest occupancy rate year to date.