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HomeMy WebLinkAboutLCPA 90-08B; Carlsbad Ranch Specific Plan; Local Coastal Program Amendment (LCPA) (8)4 ,- -.. Hofman Planning Associates Planning Project Management Fiscal Analysis May 16, 1995 Don Neu Carlsbad Planning Department 2075 Las Palmas Drive Carlsbad, Ca. 92009 RE: HOTEL/MOTEL UNITS IN THE COASTAL ZONE OF CARLSBAD Dear Don: On April 6, 1995 when we met with Debra Lee and Bill Ponder, they requested that we provide informtion regarding the number of acccmmdations available i? the portior, of Carlsbad within the Coastal Zone, along with their rates and their occupancy levels. The information in this letter was provided to me by Tim Stripe of Continental Commercial Corporation, who conducted an exhaustive study of the accommodations in the Coastal portion of Carlsbad. This information was supplemented by additional information from the Carlsbad Visitors and Convention Bureau. We have excluded the timeshare units at the Tamarack Beach Resort and the Carlsbad Inn, because Coastal staff indicated that timeshare units should not be included in the survey. According to the information provided in the attachment from the Economic Research Bureau of the Greater San Diego Chamber of Commerce, Hotel and Motel rooms can be classified as follows: Up to $31.26 BUDGET $3 1.27-$56.90 ECONOMY $56.9 1-$74.48 MID-PRICE $74.49-$118.38 UPSCALE $1 18.39- LUXURY The information on the next page is based on the year ending of 1994. ADR stands for average daily rate. OCC stands for per cent occupancy. This is the most up to date and accurate information we were able to obtain. 2386 Faraday Avenue Suite 120 Carlsbad CA 92008 (619) 438-1465 Fax: (619) 438-2443 h PROPERTY ADR OCC # OF ROOMS BUDGET Carlsbad Lodge Motel 6 - Carlsbad Village Drive Motel 6 - Raintree ECONOMY Inns of America Travel Lodge MID PRICE Ramada-Poinsettia Pea Soup Anderson’s Ocean Manner Lodge UPSCALE Beach View Lodge Carlsbad Inn Tamarack Beach Resort Beach Terrace Inn $26.50 $28.37 $28.90 $37.60 $53.72 $57.50 $66.58 $67.42 $77.90 $83.72 $86.22 $98.40 53.7% 62.4% 61.7% 63.6% 64.2% 65.9% 59.4% 54.8% 76% 84.6% 72.4% 83.6% 55 109 ldn 324 109 126 235 128 144 48 307 41 58 23 !E! 171 TOTAL # OF ACCOMMODATIONS 1041 AVERAGE DAILY RATE $59.40 AVERAGE OCCUPANCY 66.8 % Based on the information provided above, 550 or over half of the accommodations available in the Coastal Zone of Carlsbad can be classified as being either budget or economy The remaining 491 units would fall into either the mid price or upscale category. None of the currently available accommodations would fall into the luxury category. You should note that the upscale units have the highest occupancy rate. This would seem to indicate that there is more of a demand for the higher priced accommodations. Another factor that should be kept in mind when reviewing these figures is that it costs approximately $15-$20 to service a room each night. This chart does not include the 226 spaces of the Carlsbad State Beach Campground. These spaces rent for $16-$21 a night depending on whether they are on the ocean or street side. If these 226 spaces were added to the total approximately 43% of the accommodations in the Coastal portion of Carlsbad would fall into the budget category. The accommodations being proposed by the Carlsbad Ranch will allow the City to increase the number of upscale units and provide some units that would fall into the luxury category. This would be in accordance with the goals of Carlsbad’s General Plan which seeks to provide accommodations and recreational opportunities for all levels of income. As shown above, Carlsbad does not have any luxury accommodations in the Coastal area. The City has already provided a large number of affordable accommodations in its Coastal area. It would be appropriate to provide some units at the other end of the spectrum. Hopefidly this letter provides you with the information you need to address the Coastal Commission staffs concerns about affordable accommodations in the Coastal portion of Carlsbad. If you have any questions regarding the information in this letter please feel free to contact me. Sincerely, Mike Howes cc chriscalkins Tim Stripe DebraLee Bill Ponder attachment APR- 1 1 - ~mmissiuncd mrch, found si:ors LO San lia, including R California. le other 19 'ower degree he Wesretn xul visitors I, hut their [he report. ' xrgh Field arrivals in xrs of the .65 million 'my cf the. iry is being hc year the 2 rcccssion xs reachcd rwm rates v.ed profit xades, do 0's suppfy icntory of !e County s bl; i 1 ding his was a wever. as hotcls to .I p.ulcy rate remd 73 i no IleW lmcy rate 3 percent. Icy lcvels raints are iled, San le bdlancc e ded .e bighest UNN .95 TUE 10:18 CITY OF. CARLSBAD C3MM DE FAX NO, 4380694 - ?, 02 -. I;' a; Y' Gi n. or si ac 'S Growth among ochei high-tech. industries arc starting to make up far the Iosscs in the tnditionai core sectors ofncrbspace a;ld der"c.nsc hk:orically doninding San Dicgo's ecsxmty. The 5.2 percent loss in tcchnolcgy errrpluyment three years. Thu 105s inc!cded ncarty 4,SCO worker; direcliy involved i;l the salc 3rd schedu!ed closure of the 1st two General Cyr73:nics' (CD) failities in San Diego. lf foi the LGSS of these jobs, kere would have bcefi 3 nct incrcasc of at luint 450 jobs in San dJL.itlg !994 W= the srTlr:lfesi dcc:csisc of i!E pW of I994 crn?Ioymeni had falkk to little I 1 more than IO,OOO, a loss of almost 17,000 relatively high-paying, core , positions in the region. The reper- I cussion from the displacement of thcse ' , wrkeis was feIt throughout the local econnorriy and in Iargc reasure brought about md prolonged Szn Diego's three- year recession. San Diego's technoloby industry largely cvolved through the buildup of Feded govcnmtnt cxpcnditures to dcvcloy and produce defcnse weaponry mc! cquipmcnt during the Cold War. FolIolwing the Soviet Union's fngrnentetion md easing of Cold War tensions, the government's downsizing in defense spending had of Southern California defense-based industrit?s. 3S much aS 20 pWG I San Dicgo c2.n mnd future rest with eve re ran~ifications on San Diego, as well as the rest companies tu caq For the first time in recent history, the major' cutbacks in the aempace industry felt San Uicgo with Technology Directory Publications stam, "San Diego is a ORC company town. That company is the Federal Government. Over the 1st 30 years San Diego ha5 lived off tbc Fedezil Government for most of its income ...with the soIe exccption of Washington, P.C., large cities are as dependent on the FcdcnI Government as Sa Dicgo. No other-city has such 8 ms-siP~IC,.Lsrge-scale.i~d~~ ..Brucc .-Ahem of.-.L,:-*z. in new and evolviq Tel~mmlinicati fastest growing icdi "ZFEiivOlvedd?n the dc tc'tcphone and ndio hrudmc, traiisn?isi voice transmis telecommunication: Diego during 1991 Industry Report. Thc combined R .. high p'xentagc of its employment and income linked to the Government.": The technology-based compmies remaining in San employees, producing smat le: component products or software. Over the past three years, the companies With more than 250 crnptoyecrs educed their staff by industry enipioys 7 increase of 3,635 j il3ruccAhcm,IY&15. r$? Diego, Tcc!u~oio_~y Ma. %id. Uicso arc mostly s~sd firms whh an average of S- 12