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 89% 85% (JANUARY 05, 2023 – JANUARY 11, 2023) CALIFORNIA & LA RESTAURANTS NEWPORT BEACH HOTELS (JANUARY 08 - 14, 2023) NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS) 54.9% NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS +38.6% 2023 vs. 2022 NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE $291.73 # OF HOTEL ROOMS OPEN FOR BOOKING: 2,977 NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS) 49.8% JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH SHORT-TERM VACATION RENTALS (JANUARY 08 - 14, 2023) NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE 34.1% NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE $406.95 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 1,251,706 DECEMBER 2021 1,127,850 ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS +23.6% +11% SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES -0.02% -0.07% (JANUARY 05, 2023 – JANUARY 11, 2023)
GASOLINE: NATIONAL AVG. VS CALIFORNIA AVG. VS HOTEL OCCUPANCY RATE NOVEMBER 1 4 , 2022 – JANUARY 09, 2023 SOURCE: OCAIR.COM SOURCE: U.S. ENERGY INFORMATION DEPT., STR ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC (2022, 2021 & 2020) JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY TRANSPORTATION METRICS PASSENGER COUNT GASOLINE/GAL VS HOTEL OCCUPANCY RATE 72.6% 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% 42.3% $3.87 $3.76 $3.64 $3.50 $3.35 $3.23 $3.20 $3.33 $3.36 $5.31 $5.14 $4.90 $4.66 $4.45 $4.29 $4.26 $4.32 $4.33 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 JAN 09 DEC 26 DEC 05 DEC 19 NOV 28 NOV 21 NOV 14 JAN 02 DEC 12 NATIONAL GAS PRICE CALIFORNIA 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 NOV OCT AUG SEP MAY JAN APR 764,506 JUN JUL MAR 385,396 25,313 DEC 360,402 FEB 2022 2020 2021
SOURCE: U.S. INFLATION CALCULATOR SOURCE: U.S. INFLATION CALCULATOR, STR RATE OF INFLATION BY MONTH 2021 VS 2022 JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY ECONOMIC METRICS RATE OF INFLATION VS MONTHLY HOTEL OCCUPANCY RATE (%) JANUARY – DECEMBER 2022 7.1% 6.8% OCT 7.7% 8.2% 5.4% 7.0% 8.3% JUN 5.4% MAY NOV 8.6% JAN 8.5% AUG 5.3% DEC 5.0% 1.7% 4.2% 9.1% 2.6% 8.5% 6.5% 6.2% SEP FEB JUL 5.4% MAR 7.5% 8.3% APR 1.4% 7.9% 2021 2022 INFLATION RATE 56.5% 6.5% DEC SEP 70.1% 61.0% 8.2% NOV AUG 67.9% 73.5% 8.5% 7.1% 68.4% MAY 8.6% 7.7% 37.5% 8.3% JUL 9.1% 7.9% APR 62.9% 8.3% JUN 64.2% MAR OCT FEB 52.7% 7.5% JAN 63.8% 60.2% 8.5% 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 08, - JANUARY 14, 2023 SOURCE: ZARTICO AVERAGE CREDIT/DEBIT CARD SPEND BY CATEGORY JANUARY 08, - JANUARY 1 4 , 2023 JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY ECONOMIC METRICS 48.8% 27.3% 4.8% 4.5% 44.0% 27.4% 3.7% 11.9% 3.9% 4.1% 2022 2021 -0.3% -12.3% -4.1% -0.5% Gas & Service Stations Retail Food Health -59.4% Accommodations AVG TOTAL SPEND Y/Y VARIANCE San Diego CA Los Angeles CA $137.12 San Francisco CA $137.02 Phoenix AZ $111.22 Denver CO $97.66 Las Vegas NV New York NY $138.24 Philadelphia PA $94.33 $82.63 Sacramento CA Chicago IL AVG TRANSACTION SPEND $207.99 $79.55 $200.25 CATEGORY SPEND AVERAGE CREDIT/DEBIT SPEND 2.6% 0.3% 3.0% 3.3% 5.2% 1.6% 8.0% 3.3% 0.5% 41.3% % OF TOTAL VISITOR SPEND SOURCE: ZARTICO
SOURCE: ZARTICO SOURCE: ZARTICO OVERNIGHT VISITATION FROM TOP 10 ORIGIN MARKETS JANUARY 08, - JANUARY 14, 2023 JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY VISITATION METRICS VISITATION TYPE BY TOP 10 ORIGIN MARKETS JANUARY 08, - JANUARY 14, 2023 43.7% 8.5% 5.0% 3.3% 3.2% 3.1% 3.0% 2.1% 1.9% 1.8% San Francisco CA Dallas-Ft. Worth TX Las Vegas NV Salt Lake City UT Sacramento CA San Diego CA Palm Springs CA Denver CO Los Angeles CA Phoenix AZ % OF TOTAL VISITORS BY ORIGIN MARKET VISITATION BY ORIGIN MARKET 22.3% 8.5% 7.2% 5.3% 3.7% 3.7% 4.0% 2.7% 2.6% 2.4% 36.3% 10.5% 4.8% 4.0% 4.7% 3.8% 1.9% 1.7% 2.0% 1.6% 43.8% 7.9% 5.4% 5.6% 5.9% 2.1% 1.9% 1.0% 1.3% 44.1% 8.1% 5.7% 5.8% 4.2% 1.8% 1.8% 1.4% 1.0% 1.2% Los Angeles CA Non-US Phoenix AZ Las Vegas NV San Diego CA San Francisco CA Salt Lake City UT Denver CO Sacramento CA Dallas-Ft. Worth TX 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 18, 2022 – JANUARY 08, 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 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: OCCUPANCY 48.8% 61.8% 57.9% 50.9% 45.9% 60.0% 53.2% 40.6% 51.0% 33.3% 39.6% 61.2% 67.8% 72.7% 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% 54.9% 0 55 110 JAN 01 JAN 08 NOV 13 DEC 11 DEC 04 NOV 27 DEC 25 NOV 06 DEC 18 NOV 20 OCT 30 2022 2021 WEEKLY OCCUPANCY 41.1% 53.3% 43.9% 42.9% 37.5% 53.0% 33.7% 56.7% 35.7% 54.1% 33.0% 60.1% 36.9% 56.4% 37.8% 61.1% 40.2% 53.6% 39.3% 57.2% 45.2% 52.7% 44.2% 55.4% 51.0% 61.4% 50.4% 51.0% JAN 08 - JAN 14 JAN 01 - JAN 07 DEC 25 - DEC 31 DEC 18 - DEC 24 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% 56.6% SEP 38.6% AUG JUL JUN NOV DEC MAY APR MAR JAN 79.7% FEB OCT 2021 2022 2020 2023 v 2022
SOURCE: STR NEWPORT BEACH HOTELS DAILY ADR BY DAY OF WEEK (WEEKS OF DECEMBER 18, 2022 – JANUARY 08, 2023) NEWPORT BEACH HOTELS AVERAGE MONTHLY ADR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020) NEWPORT BEACH HOTELS WEEKLY ADR (2022 vs. 2021) JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: ADR WEEKLY ADR ADR BY MONTH $285.39 $289.97 $378.82 $294.49 $285.02 $312.41 $280.70 $301.84 $310.59 $322.65 $385.44 $318.84 $310.15 $322.29 $408.33 $294.73 $291.73 200 250 300 350 400 450 500 $451.09 DEC 18 $362.84 DEC 04 JAN 08 NOV 27 NOV 20 JAN 01 $361.38 NOV 06 $312.05 OCT 30 $306.97 DEC 11 DEC 25 NOV 13 2022 2021 $354.63 $372.18 $335.21 $311.32 $334.27 $385.17 $292.81 $292.60 $335.21 $396.12 $285.14 $284.95 $330.44 $381.22 $232.24 $285.84 $366.95 $394.35 $272.49 $272.89 $395.23 $451.43 $317.16 $301.09 $401.23 $470.49 $311.57 $300.28 DEC 25 - DEC 31 DEC 18 - DEC 24 JAN 08 - JAN 14 JAN 01 - JAN 07 $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 $303.37 $311.15 $338.97 $306.70 $320.66 $323.93 $330.92 $341.95 $407.58 $359.90 $333.91 $328.49 $334.66 150 200 250 300 350 400 450 $444.09 DEC JUN MAY APR NOV OCT $403.73 SEP JUL MAR FEB $397.40 $316.50 $296.71 $379.47 AUG JAN 2021 2022 2020 2023 v 2022
SOURCE: STR NEWPORT BEACH HOTELS DAILY REVPAR BY DAY OF WEEK (WEEKS OF DECEMBER 18, 2022 – JANUARY 08, 2023) NEWPORT BEACH HOTELS AVERAGE MONTHLY REVPAR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020) NEWPORT BEACH HOTELS WEEKLY REVPAR (2022 vs. 2021) JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: REVPAR WEEKLY REVPAR REVPAR BY MONTH $149.73 $176.44 $168.53 $192.76 $135.15 $171.05 $166.22 $146.66 $230.24 $93.40 $119.60 $190.00 $218.80 $227.04 $177.67 $165.99 $207.86 $202.45 $149.11 $224.28 $160.25 DEC 25 DEC 18 DEC 11 DEC 04 NOV 27 JAN 01 OCT 30 NOV 13 NOV 06 JAN 08 $118.87 NOV 20 2022 2021 $145.69 $198.28 $147.30 $133.62 $125.31 $204.16 $98.58 $166.04 $119.69 $214.23 $94.19 $171.26 $121.99 $215.00 $87.83 $174.76 $147.55 $211.28 $106.97 $156.13 $178.83 $237.92 $140.11 $166.91 $204.73 $289.06 $157.14 $153.06 JAN 08 - JAN 14 JAN 01 - JAN 07 DEC 18 - DEC 24 DEC 25 - DEC 31 $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 $188.93 NOV $166.41 SEP $248.99 $253.62 $169.04 $75.91 JUL APR OCT DEC MAR MAY AUG FEB $199.62 JAN $181.29 $114.63 $284.44 $205.89 JUN 2021 2022 2020 2023 v 2022
SOURCE: KEY DATA DASHBOARD – AIRbnb, VRBO NEWPORT BEACH SHORT-TERM RENTALS WEEKLY ADR (WEEKS OF DECEMBER 18, 2022 – JANUARY 08, 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 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY SHORT-TERM RENTAL METRICS WEEKLY ADR REVPAR BY MONTH 31.7% 40.2% 34.6% 51.1% 36.0% 35.5% 48.1% 54.1% 34.0% 30.8% 32.6% 37.8% 30.6% 24.0% 28.8% 28.1% 34.6% 46.8% 33.7% 34.1% 0 100 JAN 08 DEC 25 DEC 18 29.9% DEC 11 NOV 20 OCT 30 45.6% JAN 01 NOV 06 DEC 04 NOV 27 NOV 13 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 $233.43 $238.19 $185.43 $176.72 400 250 300 150 350 100 450 $119.06 FEB DEC $134.79 $146.96 $347.86 NOV $123.80 $185.40 SEP $208.26 APR $302.18 OCT $266.55 MAY JAN MAR JUL $252.52 $418.19 $307.81 $137.18 AUG $188.93 JUN $102.78 2021 2022 2020 WEEKLY OCCUPANCY $510.94 $627.76 $591.18 $410.21 $503.13 $633.57 $539.90 $393.46 $527.08 $624.67 $483.70 $374.80 $543.90 $632.23 $456.22 $366.69 $587.95 $648.13 $452.57 $390.93 $622.38 $636.59 $433.39 $457.35 $620.75 $617.61 $424.73 $455.22 JAN 08 - JAN 14 JAN 01 - JAN 07 DEC 25 - DEC 31 DEC 18 - DEC 24 2023 v 2022
SOURCE: STR, KEY DATA DASHBOARD NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 & 2023 WEEKLY ADR NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 & 2023 WEEKLY REVPAR NEWPORT BEACH SHORT-TERM RENTALS VS. HOTELS 2022 & 2023 WEEKLY OCCUPANCY JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY SHORT-TERM RENTALS VS. HOTELS METRICS WEEKLY 61.2% 67.8% 72.7% 46.1% 52.1% 67.0%
32.6%
45.6%
0 100 JAN 01 DEC 25 DEC 18 DEC 04 NOV 20 DEC 11 JAN 08 NOV 06 OCT 30 NOV 27 NOV 13 SHORT-TERM RENTAL HOTEL $310.59
$458.54
$616.64
$631.51 $406.95 0 850 $483.09 DEC 18 JAN 08 DEC 11 DEC 04 DEC 25 NOV 27 NOV 20 $466.89 NOV 13 OCT 30 $434.56 JAN 01 NOV 06 SHORT-TERM RENTAL HOTEL WEEKLY OCCUPANCY RATE WEEKLY ADR WEEKLY REVPAR $190.00 $218.80 $227.04 $177.67 $165.99 $207.86 $202.45 $149.11 $118.87 $160.25 $149.72 $168.30 $142.42 $280.34 $104.05 $113.69 $126.07 $295.45 $127.72 0 400 JAN 08 $164.09 $224.28 DEC 18 OCT 30 $196.52 NOV 27 NOV 20 NOV 06 JAN 01 DEC 25 NOV 13 DEC 11 DEC 04 SHORT-TERM RENTAL HOTEL 2023 2023 2023
62.8% 41.1% 54.9% 40.3% 54.9%
37.8% 30.6%
24.0% 28.8% 28.1% 34.6% 46.8% 33.7% 34.1%
$322.65 $312.05 $385.44 $318.84 $310.15 $322.29 $362.84 $408.33 $294.73 $291.73
$445.80
$393.54 $443.41 $559.44
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 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY SHORT-TERM RENTALS VS. HOTELS METRICS MONTHLY
0 100 NOV OCT APR MAY
SEP JUN DEC AUG JUL FEB MAR JAN SHORT-TERM RENTAL HOTEL
0 850 SEP NOV JUN DEC MAY
JAN OCT AUG MAR APR
JUL FEB SHORT-TERM RENTAL HOTEL MONTHLY OCCUPANCY RATE MONTHLY ADR
0 450
DEC OCT SEP JAN AUG FEB JUL JUN MAY
NOV MAR APR SHORT-TERM RENTAL HOTEL MONTHLY REVPAR
37.5% 52.7% 63.8% 62.9% 60.2% 64.2% 73.5% 67.9% 70.1% 68.4% 61.0% 56.5% 56.8% 66.6% 72.4% 71.3% 68.7% 78.1% 86.2% 74.5% 66.8% 34.8% 30.3%
57.9%
$306.70 $320.66 $323.93 $330.92 $341.95 $379.47 $444.09 $414.84 $359.90 $333.91 $328.49 $334.66 $398.28 $424.18 $491.94 $514.49 $658.25 $741.97 $672.14 $496.77 $506.80 $515.66
$507.72
$535.42
$114.90 $169.04 $206.54 $208.16 $205.89 $253.62 $281.59 $254.02 $228.53 $200.34 $188.93 $135.10 $239.34 $248.29 $345.41 $404.39 $221.92 $185.43 $176.14 $158.19
$169.61 $326.26
$309.56 $229.67
RESTAURANT METRICS
50.0% 3.0% 6.0% -1.0% -2.0% -6.0% -8.0%
30.0% -19.0% -20.0%
-3.0% -20.0% FRI JAN 06
MON JAN 02
18.0% -23.0% -21.0%
-20.0% -17.0% TUE JAN 03
THUR JAN 05
1.0% -13.0% WED JAN 04
-4.0% -12.0%
-9.0% -21.0% -9.0%
SAT JAN 07
SUN JAN 08
MON JAN 09
TUE JAN 10
6.0% -12.0% -8.0% -13.0% MON JAN 16
WED JAN 11
-13.0% THU JAN 12
-11.0% -22.0%
FRI JAN 13
LOS ANGELES CALIFORNIA
SAT JAN 14
SUN JAN 15
-13.0% -24.0%
-20.0% WED JAN 18
TUE JAN 17
CALIFORNIA & LA DAILY SEATED DINERS FROM ONLINE, PHONE OR WALK-IN
% OF CALIFORNIA & LA RESTAURANTS OPEN FOR RESERVATIONS BY WEEK
JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY
SOURCE: OPENTABLE.COM
91.0% 92.0% 91.0% 90.0% 91.0% 92.0% 94.0% 88.0% 87.0% 89.0% 83.0% 84.0% 85.0% 86.0% 75.0% 83.0% 85.0% 75 80 85 90 95
82.0% DEC 21 78.0% DEC 14 88.0%
DEC
DEC 07 NOV 30 NOV 23 87.0% 85.0% NOV 02 NOV 09 NOV 16
OPEN RESTAURANTS SOURCE:
JAN 11
JAN 04
28
LOS ANGELES CALIFORNIA DINERS: DAILY
OPENTABLE.COM
SAN DIEGO JANUARY/FEBRUARY 2023 • 01/20 – 01/22: SAN DIEGO LUNAR YEAR FESTIVAL • 01/21: MONSTER ENERGY SUPERCROSS • 01/25 – 01/28: FARMERS INSURANCE OPEN • 01/27 – 01/29: WORLD PICKLEBALL TOUR • 02/01 – 02/28: MUSEUM MONTH SANTA BARBARA JANUARY/FEBRUARY 2023 • 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 • 01/20 – 01/22: LA CONVENTION CENTER –TATTOO EXPO • 01/21 - 01/22: LUNAR NEW YEAR FESTIVAL IN MONTEREY PARK • 01/28: LA CONVENTION CENTER – BLACK COLLEGE EXPO JANUARY 19, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY COMPETITIVE CITY METRICS AND EVENTS NEWPORT BEACH HOTELS COMPETITIVE CITIES FOR DECEMBER 2022 (AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR DECEMBER 2022) SOURCE: STR $334.66 $215.59 $365.52 $258.39 $259.52 $694.64 $354.71 56.5% 57.6% 60.6% 53.7% 65.7% 52.2% 54.4% 58.8% 71.2% 64.9% 27 90 300 510 670 SANTA MONICA ANAHEIM $184.71 PALM SPRINGS $195.96 DANA POINT $163.50 SANTA BARBARA IRVINE SAN DIEGO 51.6% HUNTINGTON BEACH BEVERLY HILLS $169.25 LA JOLLA NEWPORT BEACH AVERAGE DAILY RATE ($) OCCUPANCY RATE (%) HUNTINGTON BEACH JANUARY/FEBRUARY 2023 • EVERY TUESDAY (5 – 9PM): THE SURF CITY NIGHTS CERTIFIED FAMRERS MARKET • 01/22: LUNAR YEAR CELEBRATION • 02/05: SURF CITY USA MARATHON HAPPY 2023!