L.A. Occupancy, Rates Up in September

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Los Angeles hotel occupancy and room rates rose in September compared to a year earlier as the local hospitality industry continued to see growth following a strong summer season, according to data released Wednesday.


Average occupancy rates in September were 70.32 percent, up from 73.39 percent in the year-ago period, but down from 83.5 percent in August, according to PKF consulting, a hospitality industry consulting firm.


West Hollywood hotels had the highest occupancy rate in September, at 85.51 percent, while Beverly Hills had one of the lowest occupancy rates of all submarkets, at 73.1 percent.


Visitors to L.A. County paid, on average, $125.85 per night in September, up 12.1 percent from $112.31 a year earlier. The average room rate in August was $129.31.


All county submarkets saw room rates increase in September from the year-ago period. Hollywood experienced the highest room-rate jump of all submarkets: It was up 22.6 percent to $161.29.


Beverly Hills hotels remained the most expensive in the county in September, at $292.40 for a night’s stay. The second-priciest was Santa Monica, at $225.92.


Hotels in the San Gabriel Valley, I-5 Corridor/Whittier and LAX-area submarkets were among the cheapest in the county at $87.88, $86.09 and $82.88, respectively, for a night’s stay.

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