September 2018 Lodging Metrics

September 2018
• Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 78.8%, down -1.7% compared to September 2017 (80.1%).
• Los Angeles ADR was $176.12 and ranked 6th among the Top 25 Markets, up +0.8% compared to September 2017 ($174.66).
• Los Angeles RevPAR was $138.76 and ranked 6th among the Top 25 Markets, down -0.8% compared to September 2017 ($139.94).
• Rooms nights sold were 2.46 million countywide, up +0.7% over September 2017 (2.45 million room nights).
• The LAX Area (86.1%) reported the highest occupancy rate for the month.

2018 Jan-Sep YTD
• Los Angeles ranked 4th place among the Top 25 Markets with a YTD Occupancy rate of 80.9%, down -0.9% compared to the same period last year (81.6%).
o Markets ranking higher than Los Angeles in YTD occupancy are New York (86.7%), Oahu Island (84.8%) and San Francisco (83.7%).
• Los Angeles YTD ADR is $182.24 and ranks 6th out of the Top 25 Markets, up +2.5% compared to the same period last year ($177.84).
• Los Angeles YTD RevPAR is $147.40 and ranks 6th out of the Top 25 Markets, up +1.6% compared to the same period last year ($145.08).
• YTD rooms nights sold are 22.90 million countywide, reflecting a +2.7% increase over 2017 (22.30 million room nights).
• The LAX Area (87.4%) and Santa Monica/Marina Del Rey (86.9%) reported the highest occupancy rate year to date.

Source: STR