DECEMBER 08, 2022, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (NOVEMBER 27 – DECEMBER 3, 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
52.1%
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
2.8%
(OCTOBER 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS)
47.1%
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+13.4%
(OCTOBER 2022 vs. OCTOBER 2021)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
+13.4%
2022 vs. 2021
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$318.84
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (NOVEMBER 27 – DECEMBER 3, 2022)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
24.0%
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 -53.9%
598,613
1,040,310
CALIFORNIA & LA RESTAURANTS YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-0.5%
-0.13%
(DECEMBER 1 - 6, 2022) 2022 vs. 2019
$434.56
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
(DECEMBER 1 - 6, 2022)
-0.07%
OCTOBER TO NOVEMBER 2022
91%
84%