MARCH 23, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS
ORANGE COUNTY UNEMPLOYMENT
(MARCH 12 - 18, 2023)
ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
3.4%
OPEN HOTELS (ONLY OPEN HOTELS)
69.7%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
(JANUARY 2023)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+9.6%
ALL HOTELS (OPEN & CLOSED HOTELS)
62.5%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
-.06% 2023 vs. 2022
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$339.95
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
(JANUARY 2023 vs. JANUARY 2022)
TRANSPORTATION 2023 VS. 2022 VS. 2021
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
DECEMBER 2022
944,146
+18.7% +11.4%
DECEMBER 2021
847,671
US AUTO MARKET SALES BY MONTH FEBRUARY 2023
602,282
-53.3%
FEBRUARY 2022
1,040,629
NEWPORT BEACH SHORT-TERM VACATION RENTALS (MARCH 12 - 18, 2023)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
54.8%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
$529.35
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
-.86%
FEBRUARY - MARCH 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
-0.12%
-0.04%
(MARCH 15 - 21, 2023)
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
97%
95%
(MARCH 15 - 21, 2023)