2013 Los Angeles Year End Lodging Statistics 2013 Jan-Dec YE Lodging - PowerPoint PPT Presentation

2013 Los Angeles Year End Lodging Statistics

2013 Jan-Dec YE Lodging Performance LA County & Custom Regions Occ % ADR RevPAR Jan-Dec % Chg Jan-Dec % Chg Jan-Dec % Chg LA County & Submarkets 2013 LY 2013 LY 2013 LY Los Angeles County 76.8 1.9 136.52 4.9 104.84 6.8 Downtown LA (Central Business District) 75.2 3.4 156.06 4.1 117.31 7.7 Hollywood/West Hollywood 81.1 0.6 188.57 3.4 153.02 4.0 Beverly Hills/Westside LA 80.6 2.3 293.01 4.9 236.26 7.3 Santa Monica/Marina del Rey/Venice 81.5 0.1 256.78 7.6 209.36 7.5 LAX Area/Inglewood/Culver City 83.9 2.2 103.11 4.4 86.55 6.7 South Bay 77.8 4.2 111.83 4.8 86.99 9.2 San Fernando Valley 75.2 1.5 110.94 4.2 83.47 5.7 Pasadena/Arcadia/Monrovia 79.9 1.5 129.10 3.3 103.12 4.9 LA East (San Gabriel & Pomona Valleys) 69.0 1.3 84.17 5.6 58.04 6.9 LA Southeast (Gateway Cities) 74.1 2.4 76.91 7.2 56.98 9.8 Source: Smith Travel Research

Los Angeles County Lodging Metrics 2009–2013 90.0 Occupancy 63.8 67.8 71.7 75.4 76.8 Rate (%) 71.9 66.6 65.4 67.3 71.7 74.4 75.0 74.8 70.7 70.0 50.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 YE 150.00 114.93 116.50 123.23 130.12 136.52 93.89 93.14 92.09 90.90 96.91 104.00 113.98 123.13 128.92 125.00 ADR ($) 100.00 75.00 50.00 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 YE RevPAR ($) 104.84 110.00 98.11 100.00 92.05 91.09 88.40 85.49 90.00 78.94 77.40 80.00 73.36 69.44 67.54 70.00 62.02 61.21 60.19 60.00 50.00 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 YE Source: Smith Travel Research

2011-2013 Segmentation: Transient, Group and Contract Transient Rooms occupied at Rack, Corporate, Corporate Negotiated, Package, and Government rates. Group Rooms occupied that were sold simultaneously in blocks of a minimum of 10 rooms or more. Includes group tours, domestic and international group associations, convention and corporate rates. Contract Rooms occupied at rates stipulated by contracts including airline crews and permanent guests.

Los Angeles Lodging Development Pipeline 24 Pipeline Properties with 4,213 rooms in Construction or Final Planning In Construction - 11 Properties / 2,454 Rooms Anticipated # Name Opening Rooms Address City Courtyard by Marriott LA Live Jun-14 175 901 W. Olympic Blvd Downtown LA Residence Inn LA Live Jun-14 219 901 W. Olympic Blvd Downtown LA Wilshire Grand Mar-17 900 930 Wilshire Blvd Downtown LA DusitD2 Pasadena (Conversion) Apr-14 131 880 E. Colorado Blvd Pasadena Springhill Suites Burbank Jul-15 173 Santa Anita & San Fernando Burbank Unnamed Hotel (Sunsetila Cienega) Sep-15 290 8490 Sunset Blvd West Hollywood Doubletree Los Angeles Rosemead Sep-14 54 888 Montebello Blvd Rosemead Residence Inn Redondo Beach Apr-14 172 2420 Marine Ave Redondo Beach Hilton Garden Inn Redondo Beach Apr-14 147 2410 Marine Ave Redondo Beach Bicycle Casino Hotel Mar-15 100 Unknown Location Bell Gardens TownePlace Suites Lancaster Apr-14 93 2024 W. Avenue J-8 Lancaster Final Planning - 13 Properties / 1,759 Rooms Anticipated # Name Opening Rooms Address City Renaissance Hotel (at L.A. Live) Jan-17 450 W. 9 th Street & Francisco St Downtown LA Courtyard by Marriot Santa Monica Jun-15 134 1554 5 th Street Santa Monica Hampton Inn & Suites Santa Monica Mar-16 136 501 Colorado Ave. Santa Monica Shade Hotel @ King Harbor Mar-15 54 665 N. Harbor Dr Redondo Beach La Quinta Inn & Suites Sherman Oaks Sep-15 75 Unknown Location Sherman Oaks Residence Inn Pasadena (Old Town) May-15 144 233 N. Fair Oaks Ave Pasadena Fairfield Inn & Suites Arcadia Sep-15 85 W. Huntington Dr. & Colorado Arcadia Residence Inn Arcadia Sep-15 120 W. Huntington Dr. & Colorado Arcadia Grandview Suites Glendale Jun-15 170 549 S. San Fernando Blvd. Glendale Hampton Inn & Suites Glendale Jul-15 93 315 S. Brand Blvd Glendale Hyatt Place Pomona Feb-15 122 Unknown Location Pomona Country Inn & Suites Lancaster Mar-15 88 Unknown Location Lancaster Best Western Desert Poppy Inn NA 88 2028 W. Ave I Lancaster