JULY 21, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (JULY 09 – JULY 15, 2023)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
80.1%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ALL HOTELS (OPEN & CLOSED HOTELS)
72.6%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
12.5%
ORANGE COUNTY UNEMPLOYMENT ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
3.2% (MAY 2023)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
+4.1%
2023 vs. 2022
(JUNE 2023 vs. JUNE 2022)
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$384.75
# OF HOTEL ROOMS OPEN FOR BOOKING:
TRANSPORTATION 2023 VS. 2022
2,977
NEWPORT BEACH SHORT-TERM VACATION RENTALS (JULY 09 – JULY 15, 2023)
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE
50.9%
NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE
$757.77
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY
.09%
MAY- JUNE 2023
SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET
ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS
APRIL 2023
992,569
APRIL 2022 +3.5%
958,826
US AUTO MARKET SALES BY MONTH JUNE 2023
1,074,536
JUNE 2022
1,091,699