The Anaheim-Santa Ana hotel market spans the entirety of Orange County, which supports a diverse base of economic industries and sectors, including technology, finance, manufacturing, education, and healthcare, among others. Orange County's hotel submarkets include Orange, Garden Grove, Anaheim (which features the Disney theme parks), Buena Park (home of Knott's Berry Farm), Irvine (home to University of California Irvine's campus and numerous corporate headquarters), and the affluent coastal communities of Dana Point, Huntington Beach, Laguna Beach, and Newport Beach. In 2022 and 2023, occupancy for this market surpassed 70.0%, similar to levels recorded in the early 2000s but well below the peak occupancy period of 2014 through 2019. ADR, on the other hand, remained well above the $200 mark in 2023, and RevPAR reached an all-time high. However, leisure travel softened in 2023 and continued to decline in 2024, with occupancy flattening, as strong group activity offset declines in leisure demand. ADR decreased slightly that year for the first time since the pandemic, driven by lower transient rates. The near-term outlook is cautiously optimistic, with leisure travel remaining uncertain. Nevertheless, the market's long-term prospects are strong, supported by the enduring popularity of Disney theme parks, the appeal of local beaches, and improving convention attendance.

* Although the HVI cannot tell you what a particular hotel is worth, it does provide excellent “big picture” data, indicating which market areas are experiencing positive trends, and thus may present good investment opportunities. The HVI for the U.S. is a measure of the strength of the lodging industry as a whole and, specifically, the hospitality investment market. The HVI for the various identified markets can provide a basis to evaluate and compare different geographic regions. For more insight on the limitations and applicability of the HVI, please read the message on the HVI home page by clicking on the graphic at the top of this page.

ADR, Demand, Occupancy, RevPAR, and Supply Projections:

Change In Value For Market:

Anaheim - Santa Ana RevPAR Change

Anaheim - Santa Ana RevPAR

For more information, please contact:

Kirsten Smiley, MAI Managing Director, Southern California Region Director Valuation, Market & Feasibility Consulting [email protected] +1 405 612-6255 (w)