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Downtown hotel analysis

Downtown hotel analysis

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Published by curbedla

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Published by: curbedla on Mar 28, 2012
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03/19/2014

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Los Angeles Convention Center Hotel Analsis
And Summar of RoomSupply and DemandConditions
Page 1
February 29, 2012
 
Exhibit
 
Space
 
Occupancy
 
 – West
 
&
 
South
 
Halls
Historical
 
LACC
 
Operations
West
 
Hall South
 
Hall
(FY
 
2007
 
 – FY
 
2011)
72.8%70.4%
80%
 
.58.8%.59.0%67.2%..62.0%
60%
    c    c    u    p    a    n    c    y
20%40%0%FY
 
2007 FY
 
2008 FY
 
2009 FY
 
2010 FY
 
2011
Page 2
Source:
 
facility
 
management,
 
2011
 
Comarison of Exhibit Sace
Competitive
 
&
 
Comparable
 
Markets
 
&
 
Facilities
2,588,500ChicaoIL
Contiguous SpaceTotal Space
 
1,068,5001,366,0001,940,6002,055,100New Orleans, LAAtlanta, GALas Vegas, NVOrlando, FL 719,600726,600813,600862,000Los Angeles, CADallas, TXAnaheim, CAHouston, TX525,700534,500579,000584,500,San Diego, CASan Francisco, CADenver, COPhoenix, AZ,
Contiguous Average = 585,200Contiguous Median = 593,300
 
426,600426,6000700,0001,400,0002,100,0002,800,000San Antonio, TXBoston, MA
Total Average = 1,000,600Total Median = 723,100
Page 3Source: facility floorplans, management, and industry publications, 2011
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