Hotels are packed

So much for all the grief the local hotels went through after 9/11, when nobody wanted to travel. The July numbers from PKF Consulting show that the overall occupancy level in L.A. County was 82.2 percent, up from 81.9 percent a year earlier (I remember when occupancy in the mid-70s was considered really good). As for room rates, Beverly Hills weighed in at a crazy $376.92 a night, up 20 percent from a year ago. Here are occupancy levels for several markets, courtesy of the L.A. Economic Development Corp.'s weekly report.

Santa Clarita - 90.6%
LAX area - 88.5%
Santa Monica - 86.6%
Hollywood - 85.9%
South Bay - 84%
San Fernando Valley - 83.2%
Marina del Rey - 81.5%
Long Beach - 80.3%

Orange County's occupancy rate was 83.3 percent, down from 87.7 percent last year. San Diego's was 89.6 percent, up from 87.1 percent.



More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
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Signs of Saturday: No refund
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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