DECEMBER 01, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (NOVEMBER 20 – 26, 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
46.1%
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
2.8%
(OCTOBER 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS)
41.7%
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+13.4%
(OCTOBER 2022 vs. OCTOBER 2021)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
-9.4%
2022 vs. 2021
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$385.44
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (NOVEMBER 20 – 26 , 2022)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
45.6%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
TRANSPORTATION 2021 VS. 2022
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
OCTOBER OCTOBER +29.4% 2021 2022
1,014,460
783,737
US AUTO MARKET SALES BY MONTH NOVEMBER NOVEMBER 2021 2022 -69.7%
314,396
1,040,310
CALIFORNIA & LA RESTAURANTS YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-0.3%
-0.15%
(NOVEMBER 24 - 30, 2022) 2022 vs. 2019
$616.64
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
(NOVEMBER 24 - 30, 2022)
-0.09%
OCTOBER TO NOVEMBER 2022
93%
85%