February 2014
- Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 77.5%, up +2.9% compared to the same period last year (75.3%).
- Los Angeles ADR was $139.24 and ranked 6th among the Top 25 Markets, up +2.3% compared to the same period last year ($136.15).
- Los Angeles RevPAR was $107.87 and ranked 7th among the Top 25 Markets, up +5.2% compared to the same period last year ($105.52).
- Rooms nights sold were 2.12 million countywide, reflecting a +3.9% increase over February 2013 (2.04 million room nights).
- The LAX area (86.3%) and Hollywood/West Hollywood (81.3%) both reported the highest Occupancy rate for the month.
- The LAX area (+12.4%) and Los Angeles East (+11.4%) reported the largest YOY RevPAR growth.
2014 Jan-Feb YTD
- Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 75.4%, up +4.3% compared to the same period last year (72.3%).
- Markets ranking higher are Oahu Island (86.8%), Miami (84.0%), and Orlando (76.1%).
- Los Angeles YTD ADR is $142.74 and ranks 6th out of the Top 25 Markets, up +6.0% compared to the same period last year ($134.71).
- Los Angeles YTD RevPAR is $107.69 and ranks 5th out of the Top 25 Markets, up +10.6% compared to the same period last year ($97.40).
- YTD rooms nights sold are 4.35 million countywide, reflecting a +5.4% increase over 2013 (4.13 million room nights).
- The LAX area reported the highest YTD occupancy at 84.9%, followed by Hollywood/Beverly Hills (82.2%) and Pasadena/Glendale/Burbank (79.0%).
- Pasadena/Glendale/Burbank (+18.0%) and The LAX area (+15.5%) reported the largest YOY RevPAR growth. Santa Monica reported the largest YTD ADR growth (+10.2).