JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS
ORANGE COUNTY UNEMPLOYMENT
(JANUARY 15 - 21, 2023)
ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
3.0%
OPEN HOTELS (ONLY OPEN HOTELS)
56.0%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
(NOVEMBER 2022)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+10.8%
ALL HOTELS (OPEN & CLOSED HOTELS)
50.8%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
+47.8% 2023 vs. 2022
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$284.33
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (JANUARY 15 - 21, 2023)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
30.4%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
$408.99
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
-0.8%
NOVEMBER TO DECEMBER 2022
SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET
(DECEMBER 2022 vs. DECEMBER 2021)
TRANSPORTATION 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 2021
1,127,850
+11%
DECEMBER 2022
1,251,706
CALIFORNIA & LA RESTAURANT REPORT YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-0.02%
-0.17%
(JANUARY 18 - 24, 2023)
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
91%
84%
(JANUARY 18 - 24, 2023)