MAY 18, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (MAY 7 - 13, 2023)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
66.5%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ALL HOTELS (OPEN & CLOSED HOTELS)
60.3%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
9.0%
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
3.4%
(MARCH 2023)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+6.9%
2023 vs. 2022
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
(MARCH 2023 vs. MARCH 2022)
$331.76
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (APRIL 30 – MAY 6, 2023)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
37.1%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
$460.90
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
-.002%
APRIL - MAY2023
SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET
TRANSPORTATION 2023 VS. 2022
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
FEBRUARY 2023
841,593
FEBRUARY 2022 +15.9%
717,400
US AUTO MARKET SALES BY MONTH APRIL 2023
713,152
-55.1%
APRIL 2022
1,255,968