Lodging Metrics - December 2015

•  Los Angeles ranked 7th place among the Top 25 Markets with an Occupancy rate of 69.8%, up +3.5% compared to the same period last year (67.4%).

•  Los Angeles ADR was $147.77 and ranked 6th among the Top 25 Markets, up +6.7% compared to the same period last year ($138.52).

•  Los Angeles RevPAR was $103.16 and ranked 5th among the Top 25 Markets, up +10.4% compared to the same period last year ($93.42).

•  Rooms nights sold were 2.12 million countywide, up +3.4% over December 2014 (2.05 million room nights). 

•  The LAX Area (75.0%) and Pasadena/Glendale/Burbank (75.0%) tied for the highest Occupancy rate for the month. 

•  Los Angeles ranked 4th place among the Top 25 Markets with a Year End Occupancy rate of 79.7%, up +1.0% compared to last year (78.9%). 

•  Los Angeles Year End ADR is $158.35 and ranks 6th out of the Top 25 Markets, up +7.5% compared to last year ($147.27).  

•  Los Angeles Year End RevPAR is $126.19 and ranks 6th out of the Top 25 Markets, up +8.6% compared to last year ($116.17).  

•  Year End rooms nights sold are 28.48 million countywide, reflecting a +1.5% increase over 2014 (28.05 million room nights). 

•  The LAX area reported the highest Year End occupancy at 85.0%, followed by South Bay (83.7%).