Hotel & Short-Term Rentals
APRIL 26, 2024
Executive Summary
73.2% OCCUPANCY RATE +1.7% OCCUPANCY
SHORT-TERM RENTALS
30.8% OCCUPANCY RATE -6.0% OCCUPANCY
RATE CHANGE $334 AVERAGE DAILY RATE
# ROOMS OPEN FOR BOOKING HOTELS
3,260
WEEKLY INSIGHTS | HOTEL & SHORT-TERM RENTALS SOURCE: STR, KEY DATA DASHBOARD
RATE CHANGE
AVERAGE DAILY RATE
$431
APRIL 14 – 20, 2024
Hotel Performance: Occupancy
OCCUPANCY BY DAY OF THE WEEK (%)
WEEKLY INSIGHTS | HOTEL PERFORMANCE SOURCE: STR
WEEKLY OCCUPANCY (%)
APRIL
- 20,
64% 75% 70% 60% 62% 59% 66% 72% 67% 67% 78% 71% 59% 56% 63% 73% MAR 2 MAR 9 MAR 16 MAR 23 MAR 30 APR 6 APR 13 APR 20 2023 2024 43% 65% 82% 83% 76% 81% 82% SUN MON TUE WED THU FRI SAT
14
2024
Hotel Performance: Average Daily Rate (ADR)
WEEKLY INSIGHTS | HOTEL PERFORMANCE SOURCE: STR
WEEKLY ADR ($) ADR BY DAY OF THE WEEK ($) $300 $329 $341 $319 $320 $325 $324 $322 $321 $315 $358 $322 $325 $315 $312 $334 MAR 2 MAR 9 MAR 16 MAR 23 MAR 30 APR 6 APR 13 APR 20 2023 2024 $281 $315 $346 $344 $340 $336 $348 SUN MON TUE WED THU FRI SAT APRIL 14 - 20, 2024
Short-Term Rental Performance: Occupancy
WEEKLY INSIGHTS | SHORT-TERM RENTAL PERFORMANCE SOURCE: KEY DATA DASHBOARD
WEEKLY OCCUPANCY (%)
THE
29% 39% 51% 39% 39% 47% 36% 33% 26% 32% 50% 39% 44% 46% 29% 31% MAR 2 MAR 9 MAR 16 MAR 23 MAR 30 APR 6 APR 13 APR 20 2023 2024 28% 26% 26% 26% 32% 39% 40% SUN MON TUE WED THU FRI SAT APRIL 14 - 20, 2024
OCCUPANCY BY DAY OF
WEEK (%)
Short-Term Rental Performance: Average Daily Rate (ADR)
WEEKLY INSIGHTS | SHORT-TERM RENTAL PERFORMANCE SOURCE: KEY DATA DASHBOARD
WEEKLY ADR ($) ADR BY DAY OF THE WEEK ($) $408 $466 $496 $478 $477 $515 $476 $431 $424 $483 $515 $498 $523 $530 $469 $431 MAR 2 MAR 9 MAR 16 MAR 23 MAR 30 APR 6 APR 13 APR 20 2023 2024 $414 $415 $417 $415 $433 $449 $450 SUN MON TUE WED THU FRI SAT APRIL 14 - 20, 2024
Visitation Metrics
19.6% 9.8% 8.5% 6.2% 6.1% 4.4% 3.3% 2.9% 2.5% 2.4% Los Angeles CA Phoenix AZ San Diego CA Las Vegas NV San Francisco-Oakland-San Jose CA Sacramento-Stockton-Modesto CA Salt Lake City UT Palm Springs CA Denver CO Dallas-Ft. Worth TX
APRIL 14 – 20, 2024 WEEKLY INSIGHTS | GEOLOCATION DATA SOURCE: ZARTICO OVERNIGHT VISITATION FROM TOP 10 ORIGIN MARKETS