Los Angeles Submarkets Occupancy April Jan-Apr 2014 YTD % Change % Change TOTAL LA COUNTY 80.4 77.4 3.9 TOTAL LA COUNTY 78.0 74.6 4.6 Downtown LA (Central Business District) 76.6 76.3 0.4 Downtown LA (Central Business District) 75.9 73.6 3.2 Hollywood/West Hollywood 87.8 86.4 1.6 Hollywood/West Hollywood 83.8 80.4 4.2 Beverly Hills/Westside 85.4 83.2 2.7 Beverly Hills/Westside 83.2 79.7 4.4 Santa Monica/Venice/Marina Del Rey 86.9 83.9 3.7 Santa Monica/Venice/Marina Del Rey 81.7 81.3 0.5 LAX/Inglewood/Culver City 87.3 84.3 3.6 LAX/Inglewood/Culver City 86.2 81.2 6.1 South Bay 82.3 76.8 7.3 South Bay 79.8 75.8 5.3 San Fernando Valley 79.7 77.1 3.4 San Fernando Valley 76.9 71.8 7.2 Pasadena/Arcadia/Monrovia 83.2 78.7 5.7 Pasadena/Arcadia/Monrovia 81.7 77.3 5.7 LA East (SGV/Pomona) 72.0 67.2 7.3 LA East (SGV/Pomona) 71.1 66.1 7.6 LA Southeast (Gateway Cities) 75.8 73.1 3.7 LA Southeast (Gateway Cities) 72.5 70.8 2.4 LA North (SFV/Valencia/Antelope Valley) 77.8 74.8 4.1 LA North (SFV/Valencia/Antelope Valley) 73.5 69.4 5.8 April Occupancy Jan-Apr 2014 YTD Occupancy 90.0% 90.0% 80.0% 80.0% 70.0% 70.0% 60.0% 60.0% 2013 2012
Los Angeles Submarkets April Average Daily Rate ($) Jan-Apr 2014 YTD % Change % Change TOTAL LA COUNTY 144.91 138.36 4.7 TOTAL LA COUNTY 143.24 135.21 5.9 Downtown LA (Central Business District) 176.04 180.65-2.6 Downtown LA (Central Business District) 179.40 173.63 3.3 Hollywood/West Hollywood 199.38 190.89 4.4 Hollywood/West Hollywood 195.82 186.75 4.9 Beverly Hills/Westside 315.30 293.63 7.4 Beverly Hills/Westside 311.47 289.87 7.5 Santa Monica/Venice/Marina Del Rey 271.13 244.25 11.0 Santa Monica/Venice/Marina Del Rey 266.16 242.48 9.8 LAX/Inglewood/Culver City 107.79 102.13 5.5 LAX/Inglewood/Culver City 107.79 100.91 6.8 South Bay 117.65 110.57 6.4 South Bay 114.60 107.23 6.9 San Fernando Valley 114.86 110.72 3.7 San Fernando Valley 114.56 108.15 5.9 Pasadena/Arcadia/Monrovia 134.11 128.45 4.4 Pasadena/Arcadia/Monrovia 138.11 126.05 8.9 LA East (SGV/Pomona) 87.61 83.88 4.5 LA East (SGV/Pomona) 87.54 82.13 6.6 LA Southeast (Gateway Cities) 80.33 75.63 6.2 LA Southeast (Gateway Cities) 81.09 76.56 5.9 LA North (SFV/Valencia/Antelope Valley) 105.13 100.82 4.3 LA North (SFV/Valencia/Antelope Valley) 103.85 98.64 5.3 $350.00 $300.00 0.9 April ADR November Occupancy $350.00 $300.00 Jan-Apr 2014 YTD ADR $250.00 $200.00 0.8 $250.00 $200.00 $150.00 $100.00 0.7 $150.00 $100.00 $50.00 0.6 0 0 0 0 0 0 0 0 0 0 0 $50.00 2014 #REF! 2013#REF!
Los Angeles Submarkets April RevPAR ($) Jan-Apr 2014 YTD % Change % Change TOTAL LA COUNTY 116.47 107.07 8.8 TOTAL LA COUNTY 111.73 100.87 10.8 Downtown LA (Central Business District) 134.83 137.80-2.2 Downtown LA (Central Business District) 136.23 127.76 6.6 Hollywood/West Hollywood 175.12 164.99 6.1 Hollywood/West Hollywood 164.05 150.07 9.3 Beverly Hills/Westside 269.20 244.18 10.2 Beverly Hills/Westside 259.14 230.97 12.2 Santa Monica/Venice/Marina Del Rey 235.56 204.81 15.1 Santa Monica/Venice/Marina Del Rey 217.76 197.07 10.3 LAX/Inglewood/Culver City 94.15 86.06 9.4 LAX/Inglewood/Culver City 92.91 81.99 13.3 South Bay 96.88 84.88 14.1 South Bay 91.50 81.27 12.6 San Fernando Valley 91.57 85.35 7.3 San Fernando Valley 88.11 77.63 13.5 Pasadena/Arcadia/Monrovia 111.56 101.05 10.4 Pasadena/Arcadia/Monrovia 112.81 98.03 15.1 LA East (SGV/Pomona) 63.12 56.33 12.1 LA East (SGV/Pomona) 62.23 54.27 14.7 LA Southeast (Gateway Cities) 60.86 55.26 10.1 LA Southeast (Gateway Cities) 58.81 54.21 8.5 LA North (SFV/Valencia/Antelope Valley) 81.80 75.37 8.5 LA North (SFV/Valencia/Antelope Valley) 76.29 68.46 11.4 $275.00 $225.00 0.9 April RevPAR November Occupancy $275.00 $225.00 Jan-Apr 2014 YTD RevPAR $175.00 0.8 $175.00 $125.00 $75.00 0.7 $125.00 $75.00 $25.00 0.6 0 0 0 0 0 0 0 0 0 0 0 $25.00 #REF! #REF!
Los Angeles Hotel Inventory by Submarket Total Properties % Total Rooms % LOS ANGELES COUNTY, CA 990 97,700 Downtown LA (Full Region) 102 10.3% 12,170 12.5% Downtown LA (Central Business District) 26 2.6% 8,310 8.5% Hollywood/West Hollywood 74 7.5% 6,760 6.9% Beverly Hills/Westside LA 59 6.0% 7,220 7.4% LAX Area/Inglewood/Culver City 75 7.6% 13,500 13.8% Long Beach 58 5.9% 6,090 6.2% South Bay 129 13.0% 11,050 11.3% LA Southeast (Gateway Cities) 108 10.9% 7,100 7.3% Santa Monica/MDR/Venice/Malibu 55 5.6% 5,440 5.6% Pasadena/Glendale/Burbank 61 6.2% 6,327 6.5% LA East (San Gabriel Valley/Pomona) 136 13.7% 10,290 10.5% Los Angeles North (includes SF Valley) 134 13.5% 12,570 12.9% San Fernando Valley (only) 86 8.79% 8,103 8.3% *Note: Percentages will not foot to 100% due to overlap of regions
Los Angeles Hotel Pipeline (In Construction) 26 PIPELINE PROPERTIES WITH 4,795 ROOMS IN CONSTRUCTION OR FINAL PLANNING In Construction - 13 Properties / 3,036 Rooms Name Anticipated 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 Metropolis Project (Hotel Indigo) Feb-16 350 Francisco St & 8 th St Downtown LA Wilshire Grand Mar-17 900 930 Wilshire Blvd Downtown LA Residence Inn LAX (Conversion) Jan-15 231 5933 W. Century Blvd Los Angeles DusitD2 Pasadena (Conversion) Summer-14 136 880 E. Colorado Blvd Pasadena Springhill Suites Burbank Jul-15 173 Santa Anita & San Fernando Burbank James Hotel 2016 286 8500 Sunset Blvd West Hollywood Doubletree Los Angeles Rosemead Sep-14 54 888 Montebello Blvd Rosemead Residence Inn Redondo Beach May-14 172 2420 Marine Ave Redondo Beach Hilton Garden Inn Redondo Beach May-14 147 2410 Marine Ave Redondo Beach Bicycle Casino Hotel Mar-15 100 Bicycle Casino Dr Bell Gardens TownePlace Suites Lancaster Apr-14 93 2024 W. Avenue J-8 Lancaster ; PKF Consulting
Los Angeles Hotel Pipeline (Final Planning) 26 PIPELINE PROPERTIES WITH 4,795 ROOMS IN CONSTRUCTION OR FINAL PLANNING Final Planning - 13 Properties / 1,759 Rooms Name Anticipated 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 ; PKF Consulting