October 2015
• Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 82.2%, up +2.3% compared to the same period last year (80.4%).
• Los Angeles ADR was $159.99 and ranked 9th among the Top 25 Markets, up +6.1% compared to the same period last year ($150.74).
• Los Angeles RevPAR was $131.49 and ranked 5th among the Top 25 Markets, up +8.6% compared to the same period last year ($121.13).
• Rooms nights sold were 2.50 million countywide, up +2.4% over October 2014 (2.44 million room nights).
• South Bay (86.0%) and Santa Monica/Marina Del Rey (85.4%) both reported the highest Occupancy rate for the month.
2015 Jan-Oct YTD
• Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 81.4%, up +1.1% compared to the same period last year (80.5%).
o Markets ranking higher are San Francisco (85.9%), Oahu Island (85.2%), and New York (84.9%).
• Los Angeles YTD ADR is $159.84 and ranks 6th out of the Top 25 Markets, up +7.7% compared to the same period last year ($148.41).
• Los Angeles YTD RevPAR is $130.12 and ranks 6th out of the Top 25 Markets, up +8.9% compared to the same period last year ($119.50).
• YTD rooms nights sold are 24.26 million countywide, reflecting a +1.7% increase over 2014 (23.86 million room nights).
• The LAX area reported the highest YTD occupancy at 87.1%, followed by South Bay (85.5%).