OCTOBER 06, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY
NEWPORT BEACH HOTELS (SEPTEMBER 24 – SEPTEMBER 30, 2023)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
75.8%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ALL HOTELS (OPEN & CLOSED HOTELS)
75.5%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
17.3%
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
3.6% (JULY 2023)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+5.9%
2023 vs. 2022
(JULY 2023 vs. JULY 2022)
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$343.21
# OF HOTEL ROOMS OPEN FOR BOOKING:
TRANSPORTATION 2023 VS. 2022
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (SEPTEMBER 24 – SEPTEMBER 30, 2023)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
38.9%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
$475.32
SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
JUNE 2023
1,059,277
JUNE 2022 +5.4%
1,001,249
US AUTO MARKET SALES BY MONTH AUGUST 2023
694,865
AUGUST 2022
1,136,045