The purpose of the Economy scorecard is to provide the public, elected officials, and City staff with a current snapshot of San Francisco’s economy. This scorecard presents timely information on economy-wide employment indicators, real estate and tourism.
The Tourism summary provides a monthly view of three San Francisco hotel indicators: occupancy rate, average daily rate (ADR) and revenue per available room (RevPAR). Average daily rate represents the average rental income per paid occupied room and RevPAR represents this average daily room rate multiplied by the occupancy rate.
HOTEL OCCUPANCY RATE
December's occupancy rate is a 1.2 percentage point increase from the prior month and a 2.1 percentage point decrease since the same period of the prior year. Note that the month-to-month comparison uses seasonally adjusted data.
December 2017’s average daily rate is a 3.3 percent decrease since the prior month and a 3.9 percent dcrease since the same period of the prior year. The revenue per available room in December 2017 was $249.20, an 1.9 percent increase since the prior month and a 6.0 percent decrease since the same period of the prior year. Note that the month-to-month comparisons use seasonally adjusted data.
Data on hotel indicators comes from “Trends in the Hotel Industry – Northern California” monthly reports published by CBRE Hotels’ America’s Research .
Please click first on the chart above and then on the “Download” button in the bottom right corner of the visualization to view and download the data displayed in the chart.