October 2, 2017
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Average daily rates, occupancy, and revenue per available room held steady or grew year-to-date compared with the same period in 2017, research from CBRE Hotels in Los Angeles shows.
Local hotels had higher average daily rates, occupancies, and revenue per available room in February, in both year-over-year numbers and compared with January, CBRE Hotels said. Most OC submarkets also increased.
Olson’s Lido, Irvine Hotels Prep to Open
A mid-September tour of the under-construction Lido House Hotel in Newport Beach has turned into an impromptu architectural design review for Bob Olson.