Orange County hotels saw another good month in April, when room rates and occupancy levels continued to rise.
Hotels here saw the average daily rate in April rise 8.7% from a year earlier to $156.03, according to the latest data from industry researcher PKF Consulting USA.
The Anaheim market saw the largest jump in average rates of 13.9% to $158.77.
That was followed by Newport Beach’s average rate jump of 10.3% to $210.17.
Occupancy was up among local hotels by 4.8% to 77.63%, with growth the highest in Costa Mesa, (up 9.6% percentage points to 81.13%).
The occupancy levels dipped slightly in Huntington Beach (down 1.2% to 77.77%) and Newport Beach (down 0.9% to 73.67%).
Revenue per available room—a key measure used to gauge hotels’ financial performance—grew 13.9% among OC hotels to $121.12.
Revenue per available room grew the most—20%—in Anaheim to $125.67.