YOU ARE HERE: LAT HomeCollections

CALIFORNIA / News and Insight on Business in the
Golden State

Hotels Keep Busy

November 06, 1998

The findings above seem to concur with recently released hotel occupancy rates for Los Angeles County. In September, overnight lodging was booked at 77% capacity--up slightly from the year-to-date average of 76%, according to PKF Consulting, which studies the hospitality industry.

However, the figure was down about 1.2% from occupancy rates of a year ago. Michael Collins of the Los Angeles Convention and Visitors Bureau said the drop could be partly attributed to September's 9% jump in the average price of a Los Angeles hotel room, from $99.99 to $108.61. The figure is just 42 cents higher than the average year-to-date room price, which is itself 9% higher than last year's rate through the end of September.

Collins called the year-to-year occupancy drop modest and said the September 1998 figures indicate travel to Los Angeles County remains strong.

In Orange County, however, infrastructure construction in and around Anaheim--home of Disneyland and other attractions--continued to keep occupancy rates down in September.

Occupancy fell 8%, leaving the county's hotels booked at 76% capacity while the average price for a room rose 8%, from $94.32 to $102.12. Year-to-date occupancy of 72% was also down from last year's 76%.

Los Angeles Times Articles