JANUARY 05, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (DECEMBER 25 - 31, 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
3.0%
OPEN HOTELS (ONLY OPEN HOTELS)
54.9%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ALL HOTELS (OPEN & CLOSED HOTELS)
(NOVEMBER 2022)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+12.3%
49.7%
(NOVEMBER 2022 vs. NOVEMBER 2021)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
TRANSPORTATION
+7.6%
2021 VS. 2022
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
2022 vs. 2021
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$408.33
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (DECEMBER 25 - 31, 2022) NEWPORTBEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
46.8%
NEWPORTBEACH SHORT-TERM RENTALS
OCTOBER 2022
1,079,792
NEWPORTBEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
-0.9%
NOVEMBER TO DECEMBER 2022
SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET
873,422
US AUTO MARKET SALES BY MONTH DECEMBER 2022
1,146,698
+1.7%
DECEMBER 2021
1,127,850
CALIFORNIA & LA RESTAURANTS YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-0.13%
-0.03%
(DECEMBER 29, 2022 – JANUARY 04, 2023) 2022 vs. 2019
WEEKLYAVERAGE RATE
$631.51
+23.6%
OCTOBER 2021
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
86%
85%
(DECEMBER 29 – JANUARY 04, 2022)