Riverside-San Bernardino
Hospitality Market Report

The metro ranks among revenue growth leaders, headlined by full-service gains. From 2019 through the end of last year, RevPAR in Riverside-San Bernardino surged by over 22 percent. That ranked as the fastest increase in California and the fourth strongest among major U.S. hospitality markets during that four-year span. This performance was fueled by the full-service segment, in which RevPAR elevated by almost 30 percent locally across the same interval. Momentum is moderating, however, with overall occupancy set to ease for a second straight year in 2024 while ADR growth holds below 3 percent. Tailwinds that drove room demand over the past few years, such as relaxed health-related restrictions relative to other parts of California and the market’s outdoor recreational appeal during lockdowns, are subsiding. As a result, Palm Springs — where occupancy surged in 2021-2022 — recorded a deceleration in room nights booked last year. Other locations like Ontario-Airport and Central Riverside-San Bernardino, meanwhile, are facing recovery speedbumps as greater international and business travel is necessary to spark sustainable progress in these areas.