Lodging Metrics April 2015

· Los Angeles ranked 6th place among the Top 25 Markets with a YTD Occupancy rate of 78.4%, up +0.7% compared to the same period last year (77.8%).

o Markets ranking higher are Miami (84.2%), Oahu Island (82.4%), Orlando (81.9%), Tampa (80.5%), and San Francisco (80.4%).

· Los Angeles YTD ADR is $153.12 and ranks 8th out of the Top 25 Markets, up +6.6% compared to the same period last year ($143.68). 

· Los Angeles YTD RevPAR is $119.98 and ranks 6th out of the Top 25 Markets, up +7.3% compared to the same period last year ($111.85). 

· YTD rooms nights sold are 9.19 million countywide, reflecting a +1.6% increase over 2014 (9.05 million room nights).

· The LAX area reported the highest YTD occupancy at 85.9%, followed by Santa Monica/MDR (82.7%).