TRANSPORTATION 2022 VS. 2021 ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE 3.0% (NOVEMBER 2022) ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE +10.8% (DECEMBER 2022 vs. DECEMBER 2021) % OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES 91% 84% (JANUARY 18 - 24, 2023) CALIFORNIA & LA RESTAURANT REPORT NEWPORT BEACH HOTELS (JANUARY 15 - 21, 2023) NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS) 56.0% NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS +47.8% 2023 vs. 2022 NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE $284.33 # OF HOTEL ROOMS OPEN FOR BOOKING: 2,977 NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS) 50.8%
NEWPORT BEACH SHORT-TERM VACATION RENTALS (JANUARY 15 - 21, 2023) NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE 30.4% NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE $408.99 NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY -0.8% 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% -0.17% (JANUARY 18 - 24, 2023)
ORANGE COUNTY UNEMPLOYMENT
JANUARY 26, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY
JANUARY 26, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY TRANSPORTATION METRICS
GASOLINE: NATIONAL AVG. VS CALIFORNIA AVG. VS HOTEL OCCUPANCY RATE NOVEMBER 21, 2022 – JANUARY 16, 2023 SOURCE: OCAIR.COM SOURCE: U.S. ENERGY INFORMATION DEPT., STR ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC (2022, 2021 & 2020)
PASSENGER COUNT GASOLINE/GAL VS HOTEL OCCUPANCY RATE 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% 54.9% 56.0% $3.76 $3.50 $3.35 $3.23 $3.20 $3.33 $3.36 $3.42 $5.14 $4.90 $4.66 $4.29 $4.26 $4.32 $4.33 $4.35 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 5 10 15 20 25 30 35 40 45 50 55 60 65 70 JAN 16 JAN 02 DEC 26 $4.45 JAN 09 DEC 19 DEC 05 NOV 21 NOV 28 DEC 12 $3.64 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 25,313 MAY JUL 764,506 MAR 385,396 OCT APR DEC AUG JAN FEB NOV 360,402 JUN 2021 2020 2022
JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY
ECONOMIC METRICS
U.S. INFLATION CALCULATOR
U.S. INFLATION CALCULATOR, STR
INFLATION
MONTH 2021 VS 2022
SOURCE:
SOURCE:
RATE OF
BY
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
NEWPORT BEACH & COMPANY ECONOMIC METRICS
AVERAGE CREDIT/DEBIT CARD SPEND BY CATEGORY
AVG. CREDIT CARD/DEBIT TRANSACTION AMOUNT BY TOP 10 SPEND MARKETS JANUARY 15, - JANUARY 21, 2023 SOURCE: ZARTICO
JANUARY 15, - JANUARY 21, 2023
2023, WEEKLY
JANUARY 26,
REPORT
48.8% 27.3% 4.8% 4.5% 44.0% 27.4% 3.9% 3.7% 4.1% 11.9% 2022 2021 -0.3% -12.3% -4.1% -0.5% Retail Gas & Service Stations -59.4% Food Accommodations Health AVG TOTAL SPEND Y/Y VARIANCE $97.66 $94.33 $82.63 $79.55 $111.22 Phoenix AZ $137.02 Sacramento CA San Francisco CA Las Vegas NV $200.25 New York NY Denver CO $207.99 San Diego CA $138.24 Los Angeles CA $137.12 AVG TRANSACTION SPEND Chicago IL Philadelphia PA 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
JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY VISITATION METRICS
ZARTICO
ZARTICO OVERNIGHT VISITATION FROM TOP 10 ORIGIN MARKETS JANUARY 15, - JANUARY 21, 2023
SOURCE:
SOURCE:
VISITATION TYPE BY TOP 10 ORIGIN MARKETS JANUARY 15, - JANUARY 21, 2023 47.6% 7.6% 4.6% 3.4% 2.9% 2.5% 2.0% 1.8% 1.6% 1.5% Salt Lake City UT Sacramento CA San Francisco CA Las Vegas NV Palm Springs CA Denver CO Phoenix AZ San Diego CA Fresno-Visalia CA Los Angeles CA % 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
NEWPORT
JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY
HOTEL PERFORMANCE: OCCUPANCY
HOTELS WEEKLY OCCUPANCY RATE (2022 & 2021)
NEWPORT
HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF DECEMBER 25, 2022 – JANUARY 15 , 2023) )
AVERAGE MONTHLY OCCUPANCY RATE (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020)
SOURCE: STR
BEACH
BEACH HOTELS
NEWPORT BEACH
57.9% 50.9% 45.9% 60.0% 53.2% 40.6% 51.0% 33.3% 39.6% 37.9% 72.7% 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% 54.9% 56.0% 0 55 110 JAN 01 JAN 08 DEC 25 DEC 18 NOV 13 DEC 11 NOV 27 DEC 04 JAN 15 NOV 20 2022 2021 WEEKLY OCCUPANCY 53.3% 43.9% 42.9% 43.1% 53.0% 33.7% 56.7% 44.3% 54.1% 33.0% 60.1% 64.8% 56.4% 37.8% 61.1% 69.4% 53.6% 39.3% 57.2% 64.2% 52.7% 44.2% 55.4% 51.6% 61.4% 50.4% 51.0% 55.1% JAN 15 - JAN 21 JAN 08 - JAN 14 JAN 01 - JAN 07 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% 56.6% APR AUG DEC JUL SEP MAY NOV OCT JUN MAR JAN 79.7% FEB 38.6% 2021 2022 2020 2023 v 2022
JANUARY 26, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY
HOTEL PERFORMANCE: ADR
SOURCE: STR
NEWPORT BEACH HOTELS DAILY ADR BY DAY OF WEEK (WEEKS OF DECEMBER 25, 2022 – JANUARY 15, 2023)
NEWPORT BEACH HOTELS AVERAGE MONTHLY ADR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020)
NEWPORT BEACH HOTELS WEEKLY ADR (2022 vs. 2021)
WEEKLY ADR ADR BY MONTH $289.97 $378.82 $294.49 $285.02 $312.41 $361.38 $280.70 $301.84 $309.29 $312.05 $385.44 $318.84 $310.15 $322.29 $408.33 $294.73 $291.73 $284.33 200 250 300 350 400 450 500 $451.09 JAN 08 NOV 27 $362.84 JAN 15 DEC 18 DEC 04 DEC 11 NOV 20 JAN 01 NOV 13 DEC 25 2022 2021 $372.18 $335.21 $311.32 $299.90 $385.17 $292.81 $292.60 $276.44 $396.12 $285.14 $284.95 $286.36 $381.22 $232.24 $285.84 $292.90 $394.35 $272.49 $272.89 $270.43 $451.43 $317.16 $301.09 $270.22 $470.49 $311.57 $300.28 $294.73 DEC 25 - DEC 31 JAN 15 - JAN 21 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 AUG JUL SEP JUN $316.50 $397.40 NOV APR $296.71 OCT $379.47 DEC $444.09 MAR FEB JAN $403.73 MAY 2021 2022 2020 2023 v 2022
JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: REVPAR
SOURCE: STR
NEWPORT BEACH HOTELS DAILY REVPAR BY DAY OF WEEK (WEEKS OF DECEMBER 25, 2022 – JANUARY 15, 2023)
NEWPORT BEACH HOTELS AVERAGE MONTHLY REVPAR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020)
NEWPORT BEACH HOTELS WEEKLY REVPAR (2022 vs. 2021)
WEEKLY REVPAR REVPAR BY MONTH $168.53 $192.76 $135.15 $171.05 $166.22 $146.66 $230.24 $93.40 $119.60 $117.25 $227.04 $177.67 $165.99 $207.86 $202.45 $149.11 $224.28 $160.25 $159.34 JAN 08 JAN 01 DEC 11 $118.87 DEC 25 JAN 15 DEC 18 DEC 04 NOV 20 NOV 27 NOV 13 2021 2022 $198.28 $147.30 $133.62 $129.12 $204.16 $98.58 $166.04 $122.36 $214.23 $94.19 $171.26 $185.46 $215.00 $87.83 $174.76 $203.16 $211.28 $106.97 $156.13 $173.51 $237.92 $140.11 $166.91 $139.46 $289.06 $157.14 $153.06 $162.30 JAN 08 - JAN 14 JAN 01 - JAN 07 JAN 15 - JAN 21 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 DEC $181.29 JUL $284.44 $253.62 OCT APR $114.63 AUG $75.91 $199.62 MAY $166.41 SEP MAR JUN FEB NOV $248.99 JAN $205.89 $169.04 2021 2022 2020 2023 v 2022
JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY SHORT-TERM RENTAL METRICS
NEWPORT BEACH SHORT-TERM RENTAL WEEKLY OCCUPANCY (2022 vs. 2021)
NEWPORT BEACH SHORT-TERM RENTALS DAILY ADR BY DAY OF WEEK (WEEKS OF DECEMBER 25 , 2022 – JANUARY 15 , 2023)
NEWPORT BEACH SHORT-TERM RENTALS MONTHLY REVPAR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020)
SOURCE: KEY DATA DASHBOARD – AIRbnb, VRBO
WEEKLY ADR REVPAR BY MONTH 51.1% 29.9% 36.0% 35.5% 48.1% 54.1% 34.0% 30.8% 33.5% 30.6% 45.6% 24.0% 28.8% 28.1% 34.6% 46.8% 33.7% 34.1% 30.4% 0 100 JAN 15 JAN 08 JAN 01 DEC 18 DEC 11 DEC 04 NOV 27 DEC 25 34.6% NOV 20 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 $176.72 150 100 250 300 350 400 450 $266.55 MAY JUL $185.40 $119.06 $102.78 $252.52 $137.18 DEC SEP JUN JAN MAR $302.18 $134.79 FEB $307.81 $418.19 $188.93 AUG $347.86 $208.26 OCT NOV APR $123.80 $146.96 2022 2021 2020 WEEKLY OCCUPANCY $627.76 $591.18 $410.21 $468.83 $633.57 $539.90 $393.46 $420.07 $624.67 $483.70 $374.80 $415.61 $632.23 $456.22 $366.69 $397.85 $648.13 $452.57 $390.93 $385.78 $636.59 $433.39 $457.35 $386.52 $617.61 $424.73 $455.22 $388.33 JAN 15 - JAN 21 JAN 01 - JAN 07 DEC 25 - DEC 31 JAN 08 - JAN 14 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 26, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY
72.7% 46.1% 52.1% 67.0% 62.8% 41.1% 54.9% 40.3% 54.9% 56.0% 30.6% 45.6% 24.0% 28.8% 28.1% 34.6% 46.8% 33.7% 34.1% 30.4% 0 100 DEC 11 DEC 25 JAN 08 JAN 01 DEC 18 JAN 15 DEC 04 NOV 20 NOV 27 NOV 13 SHORT-TERM RENTAL HOTEL $312.05 $385.44 $318.84 $310.15 $322.29 $362.84 $408.33 $294.73 $291.73 $284.33 $616.64 $393.54 $443.41 $559.44 $631.51 $406.95 $408.99 0 850 JAN 15 JAN 08 $483.09 DEC 25 JAN 01 DEC 11 NOV 27 DEC 18 $434.56 DEC 04 $466.89 NOV 20 NOV 13 SHORT-TERM RENTAL HOTEL WEEKLY OCCUPANCY RATE WEEKLY ADR WEEKLY REVPAR $227.04 $177.67 $165.99 $207.86 $202.45 $149.11 $118.87 $160.25 $159.34 $142.42 $280.34 $104.05 $113.69 $126.07 $295.45 $127.72 $124.81 0 400 JAN 08 JAN 01 $164.09 $224.28 JAN 15 DEC 11 $196.52 NOV 20 DEC 18 NOV 13 NOV 27 DEC 25 DEC 04 SHORT-TERM RENTAL HOTEL 2023 2023 2023
SHORT-TERM RENTALS VS. HOTELS METRICS WEEKLY
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 26, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY
RENTALS VS. HOTELS METRICS MONTHLY 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% 0 100 NOV OCT APR MAY 57.9% SEP JUN DEC AUG JUL FEB MAR JAN SHORT-TERM RENTAL HOTEL $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 0 850 SEP NOV JUN DEC MAY $507.72 JAN OCT AUG MAR APR $535.42 JUL FEB SHORT-TERM RENTAL HOTEL MONTHLY OCCUPANCY RATE MONTHLY ADR $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 0 450 $169.61 $326.26 DEC OCT SEP JAN AUG FEB JUL JUN MAY $309.56 $229.67 NOV MAR APR SHORT-TERM RENTAL HOTEL MONTHLY REVPAR
SHORT-TERM
JANUARY 26, 2023, WEEKLY REPORT
NEWPORT BEACH & COMPANY RESTAURANT METRICS
CALIFORNIA & LA DAILY SEATED DINERS FROM ONLINE, PHONE OR WALK-IN
% OF CALIFORNIA & LA RESTAURANTS OPEN FOR RESERVATIONS BY WEEK
SOURCE: OPENTABLE.COM -1.0% -4.0% -6.0% -8.0% 3.0% 3.0% 18.0% -23.0% -21.0% -11.0% -22.0% -13.0% -24.0% -22.0% -10.0% -24.0% -20.0% -6.0% 6.0% TUE JAN 24 SUN JAN 22 -9.0% SAT JAN 21 -9.0% THU JAN 19 -2.0% WED JAN 18 -8.0% TUE JAN 17 MON JAN 16 -13.0% SAT JAN 14 SUN JAN 15 -21.0% -3.0% -9.0% FRI JAN 13 -20.0% -13.0% MON JAN 23 THU JAN 12 -2.0% -12.0% TUE JAN 10 -20.0% -14.0% WED JAN 11 MON JAN 09 SUN JAN 08 FRI JAN 20 -9.0% CALIFORNIA LOS ANGELES 91.0% 90.0% 91.0% 92.0% 94.0% 88.0% 87.0% 89.0% 91.0% 84.0% 85.0% 86.0% 75.0% 83.0% 85.0% 84.0% 75 80 85 90 95 JAN 11 DEC 28 78.0% DEC 14 DEC 21 DEC 07 NOV 16 NOV 30 NOV 23 87.0% JAN 18 82.0% 88.0% JAN 04 LOS ANGELES CALIFORNIA DINERS: DAILY OPEN RESTAURANTS SOURCE: OPENTABLE.COM
JANUARY 26, 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)
SAN DIEGO
JANUARY/FEBRUARY 2023
• 01/25 – 01/28: FARMERS INSURANCE OPEN
• 01/27 – 01/29: WORLD PICKLEBALL TOUR
• 02/01 – 02/28: MUSEUM MONTH
HAPPY 2023!
SANTA BARBARA
JANUARY/FEBRUARY 2023
• 01/29: PAINTING IN THE VINEYARD
• 02/08 – 02/18: SANTA BARBRA
INTERNATIONAL FILM FESTIVAL
LOS ANGELES
JANUARY 2023
• 01/28: LA CONVENTION CENTER – BLACK COLLEGE EXPO
HUNTINGTON BEACH
JANUARY/FEBRUARY 2023
• EVERY TUESDAY (5 – 9PM): THE SURF CITY NIGHTS CERTIFIED FAMRERS MARKET
• 02/05: SURF CITY USA MARATHON
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 (%)