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Several Orange County hotel submarkets in September showed lower average daily rates and revenue per available room year-over-year, and five of seven showed lower occupancy, which also fell countywide to 77% from 80% for the same month last year.
The declines come after steady growth this year for seven segmented areas of the county—Anaheim, Costa Mesa, the Airport area, North OC, South OC, Newport Beach, and Huntington Beach, a report from CBRE Hotels shows.
Year-to-date numbers through September were stable or respectably higher year-to-date by all three measures. OC ADR and RevPAR up 4% apiece to $199 and $162; Occupancy was stable at just under 82%.
All seven individual submarkets showed higher ADRs; most showed higher RevPAR and occupancy.
Newport Beach had the highest ADR year-to-date at $314, highest RevPAR at $263, and highest occupancy at 84%.