JANUARY 12, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (JANUARY 01 - 07, 2023)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
3.0%
OPEN HOTELS (ONLY OPEN HOTELS)
40.3%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ALL HOTELS (OPEN & CLOSED HOTELS)
(NOVEMBER 2022)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+12.3%
36.6%
(NOVEMBER 2022 vs. NOVEMBER 2021)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
TRANSPORTATION
+21.2% 2022 vs. 2021
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$294.73
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (JANUARY 01 - 07, 2023) NEWPORTBEACH SHORT-TERM RENTALS
2022 VS. 2021
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
OCTOBER 2022
+23.6%
1,079,792
OCTOBER 2021
873,422
US AUTO MARKET SALES BY MONTH DECEMBER 2022
1,146,698
+1.7%
DECEMBER 2021
1,127,850
CALIFORNIA & LA RESTAURANTS
WEEKLY OCCUPANCY RATE
33.7%
NEWPORTBEACH SHORT-TERM RENTALS WEEKLYAVERAGE RATE
$483.09
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
YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-0.07%
-0.10%
(DECEMBER 29, 2022 – JANUARY 04, 2023) 2022 vs. 2019
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
88%
84%
(DECEMBER 29, 2022 – JANUARY 04, 2023)