MARCH 01, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS
ORANGE COUNTY UNEMPLOYMENT
( FEBRUARY 19 - 25, 2023)
ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
2.5%
OPEN HOTELS (ONLY OPEN HOTELS)
65.3%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
(DECEMBER 2022)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+10.8%
ALL HOTELS (OPEN & CLOSED HOTELS)
59.2%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
+14.1% 2023 vs. 2022
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$309.92
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
(DECEMBER 2022 vs. DECEMBER 2021)
TRANSPORTATION 2022 VS. 2021
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
NOVEMBER 2022
1,014,095
+18.7% +18.7%
NOVEMBER 2021
854,393
US AUTO MARKET SALES BY MONTH FEBRUARY 2023
437,719
-81.5%
FEBRUARY 2022
1,040,629
NEWPORT BEACH SHORT-TERM VACATION RENTALS ( FEBRUARY 19 - 25, 2023)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
41.9%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
$410.07
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
-1.6%
JANUARY - FEBRUARY 2023
SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET
CALIFORNIA & LA RESTAURANT REPORT YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-0.04%
-0.11%
(FEBRUARY 22 – 28, 2023)
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
90%
90%
(FEBRUARY 22 – 28, 2023)