AREA HOTELS 4.4% FULLER THIS YEAR.Byline: Daily News SANTA CLARITA - Santa Clarita Valley The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672. held the highest overall hotel occupancy rate in 2005 in Los Angeles County - a 4.4 percent increase compared to a year ago, according to a monthly industry survey. The valley's average room rate also hit $108.67 last year, a 6.5 percent jump from 2004, while average occupancy and room rates countywide were the highest in six years, according to a report this week from San Francisco-based PKF PKF Peace Keeping Force PKF Pannell Kerr Foster (accounting firm) PKF Park Falls, Wisconsin (Airport Code) Consulting, which tracks hospitality industry trends. Average Santa Clarita hotel occupancy was 82.4 percent in 2005, exceeding the county average of nearly 77 percent. The second-highest occupancy rate was the Interstate 5 corridor at Whittier at 82.36 percent, followed by the Los Angeles International Airport “LAX” redirects here. For other uses, see LAX (disambiguation). “KLAX” redirects here. For other uses, see KLAX (disambiguation). Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX area and West Hollywood, the report said. Downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or held the lowest occupancy at 67.5 percent, but saw the largest year-to-year gain at 13.9 percent. While the rooms are filled, room rates in 2005 stayed below the county average of $126.61, the report said. Average local rates are comparable to suburbs such as Long Beach - $116.04 a night - and the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. at $111.40. The I-5 corridor held the lowest average room rate at $82.89 a night; the highest was Beverly Hills at $301.71. For December 2005, Santa Clarita hotel occupancy was nearly 76 percent - the second-highest in the county and a 9.1 percent increase from a year ago. Average room rate was $110.51 - a 10 percent increase from 2004. Both average occupancy and room rates countywide were the highest since 2000, when occupancy levels were just above 77 percent and room rates were between $120 and $125. Analysts have said the Santa Clarita Valley's location along the I-5 at the edge of the Los Angeles Basin The Los Angeles Basin is the coastal sediment-filled plain located between the peninsular and transverse ranges in southern California in the United States containing the central part of the city of Los Angeles as well as its southern and southeastern suburbs (both in Los Angeles is key to the industry's health. Also, the area's industrial parks and attractions, including Six Flags California's Magic Mountain and Hurricane Harbor, also draw visitors. The Valencia Hyatt, Hilton Garden Inn Hilton Garden Inn is the name of a chain of hotels operated by Hilton Hotels Corporation. Hilton Garden Inns are considered to be upscale, mid-priced hotels that are designed for both business and leisure travelers. The hotel brand is similar to that of the Courtyard by Marriott brand. and three mid-size inns operated by Valencia-based Ocean Park Hotels are near the freeway. Ocean Park also is building a 112-room La Quinta Inn & Suites due to open in April, and a 142-room Courtyard by Marriott Courtyard by Marriott is a brand of hotels owned by Marriott International. They have over 2,800 hotels worldwide, as of June 2007. Courtyard by Marriott is designed for business travelers. is slated for this summer. Innkeepers USA Limited Partnership has proposed building a 164-room Embassy Suites at the I-5/state Route 126 junction. CAPTION(S): photo Photo: (color) A 112-room La Quinta Inn & Suites is due to open in April on the Old Road south of Lyons Avenue in Newhall. John Lazar/Staff Photographer |
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