WEEKLY INSIGHTS
Hotel & Short-Term Rentals
MARCH 15, 2024
67.1%
Executive Summary
3,285 # ROOMS OPEN FOR BOOKING
31.5%
OCCUPANCY RATE -10.7% OCCUPANCY RATE CHANGE $315
AVERAGE DAILY RATE
HOTELS
WEEKLY INSIGHTS | HOTEL & SHORT-TERM RENTALS SOURCE: STR, KEY DATA DASHBOARD
SHORT-TERM RENTALS
OCCUPANCY
-19.2% OCCUPANCY RATE CHANGE $483
RATE
AVERAGE DAILY RATE
MARCH 3 – 9, 2024
Hotel Performance: Occupancy
WEEKLY INSIGHTS | HOTEL PERFORMANCE SOURCE: STR
WEEKLY OCCUPANCY (%) OCCUPANCY BY DAY OF THE WEEK (%) MARCH 3 – 9, 2024 56% 65% 68% 67% 65% 65% 64% 75% 59% 60% 60% 60% 62% 61% 67% 67% JAN 20 JAN 27 FEB 3 FEB 10 FEB 17 FEB 24 MAR 2 MAR 9 2023 2024 51% 66% 76% 73% 72% 67% 64% SUN MON TUE WED THU FRI SAT
Performance:
WEEKLY INSIGHTS | HOTEL PERFORMANCE SOURCE: STR
WEEKLY ADR ($) ADR BY DAY OF THE WEEK ($) $286 $309 $297 $310 $312 $311 $300 $329 $295 $305 $299 $311 $321 $296 $321 $315 JAN 20 JAN 27 FEB 3 FEB 10 FEB 17 FEB 24 MAR 2 MAR 9 2023 2024 $316 $310 $319 $309 $300 $315 $335 SUN MON TUE WED THU FRI SAT MARCH 3 – 9, 2024
Hotel
Average Daily Rate (ADR)
Short-Term Rental Performance: Occupancy
WEEKLY INSIGHTS | SHORT-TERM RENTAL PERFORMANCE SOURCE: KEY DATA DASHBOARD
WEEKLY OCCUPANCY (%) OCCUPANCY BY DAY OF THE WEEK (%) 25% 26% 28% 29% 36% 39% 29% 39% 23% 27% 24% 26% 32% 34% 26% 32% JAN 20 JAN 27 FEB 3 FEB 10 FEB 17 FEB 24 MAR 2 MAR 9 2023 2024 26% 25% 26% 28% 30% 39% 46% SUN MON TUE WED THU FRI SAT MARCH 3 – 9, 2024
Short-Term Rental Performance:
Average Daily Rate (ADR)
WEEKLY INSIGHTS | SHORT-TERM RENTAL PERFORMANCE SOURCE: KEY DATA DASHBOARD
WEEKLY ADR ($) ADR BY DAY OF THE WEEK ($) MARCH 3 – 9, 2024 $392 $371 $375 $380 $400 $411 $408 $466 $371 $373 $380 $388 $415 $436 $424 $483 JAN 20 JAN 27 FEB 3 FEB 10 FEB 17 FEB 24 MAR 2 MAR 9 2023 2024 $436 $440 $467 $479 $488 $506 $520 SUN MON TUE WED THU FRI SAT
Visitation Metrics
OVERNIGHT VISITATION FROM TOP 10 ORIGIN MARKETS
Los Angeles CA
San Diego CA
Phoenix AZ
San Francisco-Oakland-San Jose CA
Las Vegas NV
Sacramento-Stockton-Modesto CA
Palm Springs CA
Salt Lake City UT
Fresno-Visalia CA
Dallas-Ft. Worth TX
20.8% 8.9% 7.7% 7.0% 5.3% 4.4% 3.1% 3.1% 2.6% 2.3%
WEEKLY INSIGHTS | GEOLOCATION DATA SOURCE: ZARTICO
MARCH 3 – 9, 2024