October 2018 Lodging Metrics

October 2018
•  Los Angeles ranked 4th place among the Top 25 Markets with an Occupancy rate of 82.0%, up +1.2% compared to October 2017 (81.0%).
•  Los Angeles ADR was $181.90 and ranked 5th among the Top 25 Markets, up +1.6% compared to October 2017 ($179.10).
•  Los Angeles RevPAR was $149.13 and ranked 5th among the Top 25 Markets, up +2.8% compared to October 2017 ($145.11).
•  Rooms nights sold were 2.65 million countywide, up +3.3% over October 2017 (2.56 million room nights).
•  Santa Monica/Marina Del Rey (88.5%) reported the highest occupancy rate for the month.    

 2018 Jan-Sep YTD
•  Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 81.0%, down -0.7% compared to the same period last year (81.5%).
o Markets ranking higher than Los Angeles in YTD occupancy are New York (87.2%), Oahu Island (84.5%) and San Francisco (83.9%).
•  Los Angeles YTD ADR is $182.15 and ranks 6th out of the Top 25 Markets, up +2.3% compared to the same period last year ($177.97).  
•  Los Angeles YTD RevPAR is $147.50 and ranks 6th out of the Top 25 Markets, up +1.7% compared to the same period last year ($145.06).  
•  YTD rooms nights sold are 25.54 million countywide, reflecting a +2.7% increase over 2017 (24.86 million room nights).
•  The LAX Area (87.4%) and Santa Monica/Marina Del Rey (87.1%) reported the highest occupancy rate year to date.

Source: STR