January 2014
- Los Angeles ranked 3rd place among the Top 25 Markets with an Occupancy rate of 73.6%, up +5.0% compared to the same period last year (70.1%).
- January 2014 had the highest January historical occupancy on record.
- Los Angeles ADR was $146.09 and ranked 6th among the Top 25 Markets, up +9.7% compared to the same period last year ($133.18).\Los Angeles RevPAR was $107.53 and ranked 5th among the Top 25 Markets, up +15.2% compared to the same period last year ($93.37).
- Rooms nights sold were 2.23 million countywide, reflecting a +6.1% increase over January 2013 (2.10 million room nights).
- The LAX area (83.6%) and Hollywood/Beverly Hills (81.8%) both reported the highest Occupancy rate for the month.
- Pasadena/Glendale/Burbank (+25.5%) and Hollywood/Beverly Hills (+23.1%) reported the largest YOY RevPAR growth.