July 2015 Lodging Metrics

· Los Angeles ranked 8th place among the Top 25 Markets with an Occupancy rate of 87.7%, up +1.0% compared to the same period last year (86.9%).

· Los Angeles ADR was $173.87 and ranked 7th among the Top 25 Markets, up +12.6% compared to the same period last year ($154.46).

· Los Angeles RevPAR was $152.54 and ranked 7th among the Top 25 Markets, up +13.7% compared to the same period last year ($134.16).

· Rooms nights sold were 2.66 million countywide, up +1.0% over July 2014 (2.63 million room nights).

· South Bay (91.7%) and the LAX area (91.5%) and both reported the highest Occupancy rate for the month.

2015 Jan-Jul YTD

· Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 80.8%, up +0.8% compared to the same period last year (80.1%).

o Markets ranking higher are Oahu Island (84.5%), San Francisco (84.1%), and New York (83.1%).

· Los Angeles YTD ADR is $157.49 and ranks 6th out of the Top 25 Markets, up +7.8% compared to the same period last year ($146.12).

· Los Angeles YTD RevPAR is $127.18 and ranks 6th out of the Top 25 Markets, up +8.6% compared to the same period last year ($117.10).

· YTD rooms nights sold are 16.71 million countywide, reflecting a +1.2% increase over 2014 (16.52 million room nights).

· The LAX area reported the highest YTD occupancy at 87.6%, followed by South Bay (85.1%).