Travel Trends and Resources

Destimetrics

About DestiMetrics: DestiMetrics provides standardized industry metrics and features unique, forward-looking indicators providing a vital tool for tracking major economic, business and consumer trends. It is the leading supplier of lodging metrics and market intelligence for the North American travel and hospitality industries. DestiMetrics plans, implements, and operates destination and lodging research programs that provide insights into past and future reservation activity and travel market data. North Lake Tahoe has been a participating partner of DestiMetrics for over ten years.

DestiMetrics Mar 2023 Data:

• Occupancy rates during last month (Mar 2023) were down by 16.6% compared to the same period last year.
• Average daily rate (ADR) last month (Mar 2023) were up by 3.5% year over year.
• Occupancy rates for the previous six months (Oct– Mar) were down by 1.6% year over year.
• Average daily rate (ADR) for the previous six months (Oct- Mar) was up by 3.9% year over year.

Looking ahead

• Occupancy rates for April 2023 is down by 27.5% compared to the same period last year.
• Occupancy rates for the upcoming six months (Apr– Sept) are pacing down by 4.4%

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North_Lake_Tahoe_Report_Executive Summary 12-31-22
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01-31-22 North Lake Tahoe Production Notes
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