ORANGE COUNTY UNEMPLOYMENT TRANSPORTATION 2022 VS. 2021 ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE 3.0% (NOVEMBER 2022) ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE +12.3% (NOVEMBER 2022 vs. NOVEMBER 2021) % OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES 88% 84% (DECEMBER 29, 2022 – JANUARY 04, 2023) CALIFORNIA & LA RESTAURANTS NEWPORT BEACH HOTELS (JANUARY 01 - 07, 2023) NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS) 40.3% NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS +21.2% 2022 vs. 2021 NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE $294.73 # OF HOTEL ROOMS OPEN FOR BOOKING: 2,977 NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS) 36.6% JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH SHORT-TERM VACATION RENTALS (JANUARY 01 - 07, 2023) NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE 33.7% NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE $483.09 NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY -0.9% NOVEMBER TO DECEMBER 2022 OCTOBER 2022 1,079,792 OCTOBER 2021 873,422 US AUTO MARKET SALES BY MONTH DECEMBER 2022 1,146,698 DECEMBER 2021 1,127,850 ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS +23.6% +1.7% SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES -0.07% -0.10% (DECEMBER 29, 2022 – JANUARY 04, 2023) 2022 vs. 2019
GASOLINE: NATIONAL AVG. VS CALIFORNIA AVG. VS HOTEL OCCUPANCY RATE NOVEMBER 07, 2022 – JANUARY 02, 2023 SOURCE: OCAIR.COM SOURCE: U.S. ENERGY INFORMATION DEPT., STR ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC (2022, 2021 & 2020) JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY TRANSPORTATION METRICS PASSENGER COUNT GASOLINE/GAL VS HOTEL OCCUPANCY RATE 67.8% 72.6% 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% $3.90 $3.87 $3.76 $3.64 $3.50 $3.35 $3.23 $3.20 $3.33 $5.33 $5.31 $5.14 $4.90 $4.66 $4.45 $4.29 $4.26 $4.32 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5 0 10 20 30 40 50 60 70 80 NOV 07 DEC 26 DEC 19 DEC 05 NOV 21 NOV 28 NOV 14 JAN 02 DEC 12 CALIFORNIA GAS PRICE NATIONAL GAS PRICE OCCUPANCY RATE 717,400 916,767 958,826 1,003,510 1,001,249 1,049,187 1,030,933 1,014,460 1,079,792 195,290 227,402 495,592 585,735 730,144 890,185 831,522 783,737 873,422 854,393 847,671 806,386 337,981 82,342 181,486 239,120 266,986 274,813 307,865 277,020 231,033 SEP AUG NOV OCT JUN JUL MAY MAR FEB APR 25,313 JAN 385,396 DEC 764,506 360,402 2020 2021 2022
SOURCE: U.S. INFLATION CALCULATOR SOURCE: U.S. INFLATION CALCULATOR, STR RATE OF INFLATION BY MONTH 2021 VS 2022 JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY ECONOMIC METRICS RATE OF INFLATION VS MONTHLY HOTEL OCCUPANCY RATE (%) JANUARY – NOVEMBER 2022 6.5% DEC 7.0% NOV 7.1% 6.2% SEP 8.2% AUG 8.3% 8.5% OCT MAY 5.4% 5.4% 5.4% 8.5% 1.4% 8.6% 6.8% 5.0% 5.3% 8.3% JUL 2.6% 4.2% JAN JUN FEB MAR 7.7% 9.1% 7.9% APR 1.7% 7.5% 2022 2021 INFLATION RATE 60.0% 68.4% OCT 70.1% 67.9% JUN JUL 64.2% 7.1% MAY SEP 8.6% 62.9% 73.5% 9.1% 52.7% MAR 60.2% 63.8% 8.3% 8.5% 8.3% FEB 8.2% APR 7.7% JAN 37.5% 7.9% 7.5% 8.5% NOV AUG 2022 NEWPORT BEACH HOTEL OCCUPANCY RATE (%) 2022 INFLATION RATE INFLATION RATE VS OCCUPANCY RATE
AVG. CREDIT CARD/DEBIT TRANSACTION AMOUNT BY TOP 10 SPEND MARKETS JANUARY 01, - JANUARY 07, 2023 SOURCE: ZARTICO AVERAGE CREDIT/DEBIT CARD SPEND BY CATEGORY JANUARY 01, - JANUARY 07, 2023 JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY ECONOMIC METRICS 25.7% 4.3% 4.0% 47.5% 9.8% 4.2% 3.6% 26.0% 50.8% 3.4% 2022 2021 -7.2% -4.7% 3.1% Gas & Service Stations Food -51.2% Health Retail 7.1% Accommodations AVG TOTAL SPEND Y/Y VARIANCE $93.49 San Francisco CA Los Angeles CA Honolulu HI $117.53 Salt Lake City UT Tyler-Longview TX Sacramento CA $1,230.12 $119.39 San Diego CA Phoenix AZ $232.69 $155.59 $133.91 $118.71 $135.47 Denver CO $168.84 Fresno-Visalia CA AVG TRANSACTION SPEND CATEGORY SPEND AVERAGE CREDIT/DEBIT SPEND 3.2% 3.9% 5.9% 4.7% 7.2% 3.6% 4.1% 3.1% 2.9% 4.1% % OF TOTAL VISITOR SPEND SOURCE: ZARTICO
SOURCE: ZARTICO SOURCE: ZARTICO OVERNIGHT VISITATION FROM TOP 10 ORIGIN MARKETS JANUARY 01, - JANUARY 07, 2023 JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY VISITATION METRICS VISITATION TYPE BY TOP 10 ORIGIN MARKETS JANUARY 01, - JANUARY 07, 2023 44.6% 6.5% 5.6% 4.0% 3.7% 2.1% 2.1% 2.0% 1.9% 1.8% Salt Lake City UT Sacramento CA San Francisco CA Phoenix AZ Dallas-Ft. Worth TX San Diego CA Las Vegas NV Los Angeles CA Palm Springs CA Fresno-Visalia CA % OF TOTAL VISITORS BY ORIGIN MARKET VISITATION BY ORIGIN MARKET 51.4% 9.1% 3.9% 3.1% 2.0% 2.0% 2.2% 1.5% 1.1% 1.4% 72.1% 8.9% 1.6% 1.4% 1.6% 1.3% 0.7% 0.6% 0.4% 0.8% 50.1% 20.9% 3.2% 3.3% 3.1% 1.2% 1.2% 1.2% 0.6% 47.1% 22.7% 3.5% 3.6% 2.4% 1.2% 1.1% 0.9% 1.6% 0.6% Non-US Los Angeles CA Phoenix AZ Las Vegas NV San Diego CA San Francisco CA Salt Lake City UT Denver CO Honolulu HI Sacramento CA OVERNIGHT LONG DAY TRIP DAY TRIP SHORT TRIP VISITATION TYPE
SOURCE: STR NEWPORT BEACH HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF DECEMBER 11, 2022 – JANUARY 01, 2023) ) NEWPORT BEACH HOTELS AVERAGE MONTHLY OCCUPANCY RATE (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020) NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE (2022 & 2021) JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: OCCUPANCY 55.9% 48.8% 61.8% 57.9% 50.9% 45.9% 60.0% 53.2% 40.6% 51.0% 33.3% 64.7% 61.2% 67.8% 72.7% 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% 0 55 110 DEC 25 DEC 18 OCT 23 DEC 11 NOV 13 DEC 04 NOV 27 NOV 20 NOV 06 JAN 01 OCT 30 2022 2021 WEEKLY OCCUPANCY 47.7% 41.1% 53.3% 43.9% 59.3% 37.5% 53.0% 33.7% 69.2% 35.7% 54.1% 33.0% 66.4% 36.9% 56.4% 37.8% 63.4% 40.2% 53.6% 39.3% 65.7% 45.2% 52.7% 44.2% 68.2% 51.0% 61.4% 50.4% JAN 01 - JAN 07 DEC 18 - DEC 24 DEC 11 - DEC 17 DEC 25 - DEC 31 OCCUPANCY BY MONTH 69.1% 30.0% 13.5% 27.7% 37.3% 38.2% 44.2% 43.9% 45.2% 34.3% 25.0% 22.7% 29.6% 47.7% 52.7% 62.7% 71.6% 61.7% 58.1% 59.8% 53.5% 51.5% 37.5% 52.7% 63.8% 62.9% 60.2% 64.2% 73.5% 67.9% 70.1% 68.4% 61.0% DEC MAR JUN MAY 79.7% 38.6% SEP NOV AUG JAN JUL APR OCT FEB 2021 2022 2020 2023
SOURCE: STR NEWPORT BEACH HOTELS DAILY ADR BY DAY OF WEEK (WEEKS OF DECEMBER 11, 2022 – JANUARY 01, 2023) NEWPORT BEACH HOTELS AVERAGE MONTHLY ADR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020) NEWPORT BEACH HOTELS WEEKLY ADR (2022 vs. 2021) JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: ADR WEEKLY ADR ADR BY MONTH $262.59 $285.39 $289.97 $378.82 $294.49 $285.02 $312.41 $280.70 $316.91 $310.59 $322.65 $385.44 $318.84 $310.15 $322.29 $294.73 200 250 300 350 400 450 500 $362.84 $306.97 DEC 11 DEC 04 OCT 30 OCT 23 NOV 27 $361.38 DEC 18 NOV 13 JAN 01 NOV 06 DEC 25 NOV 20 $408.33 $312.05 $451.09 2022 2021 $305.25 $354.63 $372.18 $335.21 $295.94 $334.27 $385.17 $292.81 $306.73 $335.21 $396.12 $285.14 $314.09 $330.44 $381.22 $232.24 $329.84 $366.95 $394.35 $272.49 $327.41 $395.23 $451.43 $317.16 $368.92 $401.23 $470.49 $311.57 DEC 18 - DEC 24 JAN 01 - JAN 07 DEC 11 - DEC 17 DEC 25 - DEC 31 $243.41 $240.86 $266.20 $262.82 $274.49 $307.53 $321.26 $305.79 $297.41 $296.56 $298.99 $291.72 $243.75 $255.16 $278.18 $287.16 $338.41 $338.97 $306.70 $320.66 $323.93 $330.92 $341.95 $407.58 $359.90 $333.91 $328.49 150 200 250 300 350 400 450 $303.37 SEP $403.73 $444.09 $397.40 $316.50 JUN $296.71 NOV JUL MAY APR MAR OCT $311.15 AUG FEB JAN DEC $379.47 2021 2022 2020 2023
SOURCE: STR NEWPORT BEACH HOTELS DAILY REVPAR BY DAY OF WEEK (WEEKS OF DECEMBER 11, 2022 – JANUARY 01, 2023) NEWPORT BEACH HOTELS AVERAGE MONTHLY REVPAR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020) NEWPORT BEACH HOTELS WEEKLY REVPAR (2022 vs. 2021) JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: REVPAR WEEKLY REVPAR REVPAR BY MONTH $146.53 $149.73 $176.44 $168.53 $192.76 $135.15 $171.05 $166.22 $146.66 $230.24 $205.55 $190.00 $218.80 $227.04 $177.67 $207.86 $202.45 $149.11 $93.40 $165.99 JAN 01 $224.28 NOV 20 DEC 04 DEC 18 DEC 25 NOV 27 DEC 11 OCT 30 NOV 06 OCT 23 $118.87 NOV 13 2022 2021 $145.50 $145.69 $198.28 $147.30 $175.46 $125.31 $204.16 $98.58 $212.15 $119.69 $214.23 $94.19 $208.48 $121.99 $215.00 $87.83 $208.96 $147.55 $211.28 $106.97 $215.01 $178.83 $237.92 $140.11 $251.56 $204.73 $289.06 $157.14 JAN 01 - JAN 07 DEC 25 - DEC 31 DEC 18 - DEC 24 DEC 11 - DEC 17 $168.14 $191.99 $79.98 $35.37 $122.87 $135.07 $130.46 $134.15 $102.56 $72.95 $55.35 $75.46 $107.24 $141.42 $151.26 $198.54 $174.69 $114.90 $206.54 $208.16 $326.26 $278.88 $254.02 $228.53 $200.34 OCT AUG $248.99 JUN SEP $169.04 $253.62 NOV $114.63 DEC $181.29 $199.62 MAY $75.91 APR $205.89 $166.41 MAR FEB JUL $284.44 JAN 2020 2022 2021 2023
SOURCE: KEY DATA DASHBOARD – AIRbnb, VRBO NEWPORT BEACH SHORT-TERM RENTALS WEEKLY ADR (WEEKS OF DECEMBER 11, 2022 – JANUARY 01, 2023) NEWPORT BEACH SHORT-TERM RENTALS MONTHLY REVPAR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020) NEWPORT BEACH SHORT-TERM RENTAL WEEKLY OCCUPANCY (2022 vs. 2021) JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY SHORT-TERM RENTAL METRICS WEEKLY ADR REVPAR BY MONTH 31.9% 31.7% 40.2% 34.6% 51.1% 36.0% 35.5% 48.1% 54.1% 35.7% 32.6% 37.8% 30.6% 24.0% 28.8% 28.1% 34.6% 46.8% 33.7% 0 100 34.0% DEC 25 DEC 18 NOV 27 DEC 04 OCT 23 29.9% NOV 20 OCT 30 45.6% JAN 01 NOV 13 NOV 06 DEC 11 2022 2021 $152.29 $211.95 $317.12 $246.98 $198.71 $163.84 $151.10 $163.05 $165.88 $196.77 $186.77 $198.33 $220.18 $156.73 $190.65 $257.02 $261.72 $238.19 $185.43 $176.72 300 250 400 450 100 350 150 $266.55 FEB JUL AUG OCT JUN $252.52 NOV $102.78 MAR $307.81 $418.19 $302.18 SEP $123.80 $233.43 $137.18 $208.26 $347.86 MAY $185.40 $119.06 JAN $134.79 DEC APR $146.96 2021 2022 2020 WEEKLY OCCUPANCY $401.70 $510.94 $627.76 $591.18 $402.37 $503.13 $633.57 $539.90 $414.06 $527.08 $624.67 $483.70 $430.83 $543.90 $632.23 $456.22 $463.07 $587.95 $648.13 $452.57 $488.86 $622.38 $636.59 $433.39 $502.99 $620.75 $617.61 $424.73 JAN 01 - JAN 07 DEC 25 - DEC 31 DEC 18 - DEC 24 DEC 11 - DEC 17 2023
SOURCE: STR, KEY DATA DASHBOARD NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 WEEKLY ADR NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 WEEKLY REVPAR NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 WEEKLY OCCUPANCY JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY SHORT-TERM RENTALS VS. HOTELS METRICS WEEKLY 73.6% 64.7% 61.2% 67.8% 72.7% 46.1%
67.0%
38.0% 35.7% 32.6% 37.8%
0 100 NOV 27 NOV 13 JAN 01 45.6% OCT 23 DEC 18 NOV 06 NOV 20 41.1% OCT 30 DEC 25 DEC 04 OCT 16 DEC 11 HOTEL SHORT-TERM RENTAL $316.91$310.59 $322.65 $312.05 $385.44 $318.84 $310.15
$478.39$458.54 $445.80 $616.64 $393.54 $559.44 $631.51 0 850 DEC 18 DEC 11 $408.33 $443.41 NOV 27 DEC 25 DEC 04 $483.09 NOV 20 JAN 01 NOV 13 $466.89 OCT 23 NOV 06 OCT 30 $434.56 SHORT-TERM RENTAL HOTEL WEEKLY OCCUPANCY RATE WEEKLY ADR WEEKLY REVPAR $205.76$190.00 $218.80 $227.04 $177.67 $165.99 $207.86 $202.45 $149.11 $118.87 $172.42 $149.72 $168.30 $142.42 $280.34 $104.05 $113.69 $126.07 $295.45 0 400 DEC 25 $224.28 NOV 27 DEC 04 DEC 11 JAN 01 NOV 06 NOV 13 DEC 18 OCT 30 $164.09 $196.52 OCT 23 NOV 20 SHORT-TERM RENTAL HOTEL 2023 2023 2023
52.1%
62.8% 54.9% 40.3%
30.6% 24.0% 28.8% 28.1% 34.6% 46.8% 33.7%
$322.29 $362.84 $294.73
SOURCE: STR, KEY DATA DASHBOARD NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 MONTHLY ADR NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 MONTHLY REVPAR NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 MONTHLY OCCUPANCY JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY SHORT-TERM RENTALS VS. HOTELS METRICS MONTHLY 37.5%
0 100 JAN SEP AUG OCT JUL
JUN NOV MAY FEB APR MAR SHORT-TERM RENTAL HOTEL $306.70
0 850
JUL MAY NOV MAR APR JUN FEB AUG SEP OCT JAN
HOTEL SHORT-TERM RENTAL MONTHLY OCCUPANCY RATE MONTHLY ADR $114.90
0 450 SEP APR MAY
JUL $229.67 AUG OCT MAR FEB JUN NOV JAN SHORT-TERM RENTAL HOTEL MONTHLY REVPAR
52.7% 63.8% 62.9% 60.2% 64.2% 73.5% 67.9% 70.1% 68.4% 61.0% 56.8% 66.6% 72.4% 71.3% 68.7% 78.1% 86.2% 74.5% 66.8% 34.8%
57.9%
$320.66 $323.93 $330.92 $341.95 $379.47 $444.09 $414.84 $359.90 $333.91 $328.49 $398.28 $424.18 $491.94 $514.49 $658.25 $741.97 $672.14 $496.77 $506.80
$535.42
$507.72
$169.04 $206.54 $208.16 $205.89 $253.62 $326.26 $281.59 $254.02 $228.53 $200.34 $135.10 $169.61 $239.34 $248.29 $345.41 $404.39 $221.92 $185.43 $176.14
$309.56
21.0% 31.0% 10.0%
19.0% -23.0%
7.0%
1.0%
-47.0%
-42.0% SUN DEC 25
-48.0% TUE DEC 27
WED DEC 28
2.0% THU DEC 29
30.0% -19.0% -20.0%
-3.0% -61.0%
-4.0% MON DEC 26
FRI DEC 30
50.0% 3.0% 6.0% -20.0%
19.0% THUR JAN 05
SUN JAN 01
-20.0%
MON JAN 02
-17.0% TUE JAN 03
WED JAN 04
18.0% -23.0% -21.0%
6.0% -13.0% SAT DEC 31
-12.0% -20.0%
FRI JAN 06
1.0%
3.0% -46.0% TUE JAN 10
SAT JAN 07
SUN JAN 08
MON JAN 09
CALIFORNIA & LA DAILY SEATED DINERS FROM ONLINE, PHONE OR WALK-IN
SOURCE: OPENTABLE.COM
% OF CALIFORNIA & LA RESTAURANTS OPEN FOR RESERVATIONS BY WEEK JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY RESTAURANT METRICS
75 80 85
LOS ANGELES CALIFORNIA 91.0% 92.0% 91.0% 90.0% 91.0% 92.0% 94.0% 88.0% 87.0% 85.0% 83.0% 84.0% 85.0% 86.0% 75.0% 83.0%
90 95 90.0% JAN 04 DEC 21 DEC 14 78.0% 88.0% DEC 07 NOV 09 NOV 23 82.0% 87.0% NOV 02 OCT 26 NOV 30 DEC 28 88.0% NOV 16 LOS ANGELES CALIFORNIA DINERS: DAILY OPEN RESTAURANTS SOURCE: OPENTABLE.COM
SAN DIEGO JANUARY 2023 • 01/9 – 01/15: WSL JUNIOR SURF CHAMPIONSHIPS • 01/14: SAN DIEGO RESOLUTION RUN 5K / 10K / HALF MARATHON • 01/25 – 01/28: FARMERS INSURANCE OPEN SANTA BARBARA JANUARY/FEBRUARY 2023 • 11/3 – 01/15: ZOOLIGHTS • 01/22: STRETCH & SKETCH FOR FAMILIES • 01/29: PAINTING IN THE VINEYARD • 02/08 – 02/18: SANTA BARBRA INTERNATIONAL FILM FESTIVAL LOS ANGELES JANUARY 2023 • 01/11 – 01/16: ICE AT SANTA MONICA • 01/16 : IMMERSIVE VAN GOGH EXHIBIT • 01/21 - 01/22: LUNAR NEW YEAR FESTIVAL IN MONTERAY PARK JANUARY 12, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY COMPETITIVE SET METRICS AND EVENTS NEWPORT BEACH HOTELS COMPETITIVE SET OF CITIES FOR NOVEMBER 2022 (AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR NOVEMBER 2022) SOURCE: STR $328.48 $234.87 $361.60 $281.49 $292.47 $696.52 $211.60 $230.80 $392.78 61.0% 62.6% 67.6% 50.9% 68.3% 64.1% 67.2% 63.1% 74.5% 70.9% 48 52 90 300 510 670 61.2% HUNTINGTON BEACH SANTA MONICA DANA POINT SANTA BARBARA NEWPORT BEACH LA JOLLA IRVINE $190.45 $174.68 ANAHEIM PALM SPRINGS SAN DIEGO BEVERLY HILLS OCCUPANCY RATE (%) AVERAGE DAILY RATE ($) HUNTINGTON BEACH JANUARY/FEBRUARY 2023 • EVERY TUESDAY (5 – 9PM): THE SURF CITY NIGHTS CERTIFIED FAMRERS MARKET • 02/05: SURF CITY USA MARATHON HAPPY 2023!