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Wednesday, Nov 13, 2024
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OC Hotels Up in January

Orange County hotels started off the year seeing strong growth across several key metrics.

The average daily rate in January rose 6.3% from a year earlier to $155.43, according to the most recent data available from industry researcher PKF Consulting USA.

Countywide occupancy rose 7% to nearly 69.7%.

Meantime, revenue per available room grew 13.8% to $108.26.

Huntington Beach continued to be a standout submarket with its revenue per available room surging nearly 32% to $147.44.

The average daily rate in Huntington Beach was up 10% to $215.72, while occupancy rose 19.7% to 68.3%.

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