-July 19,2020-
Hotel occupancy climbs in June
Hotels in San Luis Obispo saw improved but still disappointing room sales in June.The City of San Luis Obispo reported hotel occupancy in the first week of June at just 40.7%. But by the end of the month occupancy had climbed to 66.8% after climbing each week of the month. Paso Robles appears hardest hit with occupancy at just 35% the first week of June, climbing to 52% by the of the month.Morro Bay hotel room sales climbed during the month the as well to near 67% by the last week, just before the holiday. Room rates in Morro Bay climbed from early in the month. Slow hotel sales in SLO are hurting the the city with TOT revenue down 73.6% in May/
SLO airport passengers tip toe back to the friendly skies
San Luis Obispo airport passenger count has improved slightly in May after a low in April . But the number of fliers is still down 85% from a year earlier.The new airport saw nearly 48,000 passengers in May 2019 and just 7000 this May. What is up this year is freight coming and going from SLO – up 6.3% in May from a year earlier.
At LAX it’s not much better but the trends are the same. Passenger traffic in May was down 92.4% but air cargo was up 5.4%.
United Airlines announced this week it is preparing to furlough up to 36,000 employees — as much as 45% of its front-line U.S.-based workers — as the coronavirus pandemic ravages the airline industry.
Residence Inn planned for Maddona Rd
The big mixed development on the west side Hwy 101 – San Luis Ranch – is proposing to build a 200 room, 4-story co-branded Residence Inn as well as Springhill Suites together.The 50 ft building will be on Madonna Rd between Dalidio and Oceaniar on 3.41 acres of vacant land.