California Hotel Business Sturdy

Theoverall hotel occupancy rate in Los Angeles County was 78.4%, justslightlyahead of 78.3% a year ago.

Read Time: 1 minute

September 19, 2000, 12:00 PM PDT

By Chris Steins @urbaninsight

The July report from PKF Consulting makes for good reading. More importantly, operators continued topushup the average daily room rate, which increased 6.9% to $118.44. Therewere 6 sub-markets in the County with occupancy rates above 80% in July:Marina del Rey (89.3%), Santa Monica (87.9%), South Bay (87.8%), LAX(86.5%), Hollywood (84.0%), and the San Fernando Valley (81.6%). AndValencia came in at an amazing 92.7%. Business was also good in Orange County during July, asconstructionwinds down in and around Anaheim (finally!). The occupancy rate was80.9%,compared with 77.2% last year. And the average daily room rate was up6.9%to $111.25. Out of five sub-markets in the County, only one was belowthe80% level, and that was Orange County Airport at 79.2%. PKF's next report (August) will give us an idea of what theDemocratic National Convention meant to the Los Angeles hotelindustry. And don't forget. Disneyland II is coming.

Thanks to LAEDC

Tuesday, September 19, 2000 in LAEDC Economic Data Global Express (e-Edge)


The Top Urban Planning Books of 2022

An annual list of the must-read books related to urban planning and its intersecting fields.

November 28, 2022 - James Brasuell


Anchorage Eliminates Parking Requirements Citywide

Anchorage is the latest city to enact sweeping parking reforms, in another blow to the car-centric status quo of planning.

November 23, 2022 - Anchorage Daily News

Urban separated bike lane with street trees on one side and cars parked on the other

How Urban Trees Save Lives

New research shows a strong connection between a healthy urban tree canopy and lowered mortality rates.

December 1, 2022 - Congress For New Urbanism

Rendering of Van Ness Avenue with Bus Rapid Transit

Some States Use More Highway Funding for Transit Than Others

A news study brings the receipts on state and regional transportation spending.

1 hour ago - TransitCenter

Station with rown of red Capital Bikeshare parked bikes on Washington, D.C. sidewalk

Bikeshare Ridership Up From Pre-Pandemic Levels

Shared micromobility, particularly docked bikeshare systems, are seeing record growth, but ‘scooter inflation’ may cool riders’ enthusiasm.

2 hours ago - Bloomberg CityLab

Metro Bus

Free Rides, Overnight Service Considered for Metro Transit in D.C.

Washington, D.C. councilmembers are making a bold commitment to public transit.

3 hours ago - The Washington Post

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.