Los Angeles, CA - 2024 Q3

This report analyzes Los Angeles' lodging market for 3Q 2024. The city's economy is resilient, driven by healthcare and logistics, but faces challenges in entertainment, impacting hotel occupancy. The market ranks in the 85th percentile nationally, showing stable growth. Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy classes are examined with key metrics like occupancy, ADR, and RevPAR. The strongest performing class is Upper Midscale, while Luxury lags in ADR growth. Logistics and healthcare are key economic drivers. The report provides detailed data and rankings for each hotel class. Click here to view a shortened preview of the report.