NEWPORT BEACH & COMPANY ECONOMIC DASHBOARD: November 3, 2022

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NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY (OCTOBER 23 - 29, 2022)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE

ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE (SEPTEMBER 2022)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE

ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE (SEPTEMBER 2022 vs. SEPTEMBER 2021)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS 2022 vs. 2021

NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE

2021 VS. 2022

ORANGE COUNTY/JOHN WAYNE AIRPORT MONTHLY # OF PASSENGERS SEPTEMBER 2021

Y/Y

SEPTEMBER 2022

U.S. MARKET AUTO SALES BY MONTH OCTOBER 2021

OCTOBER 2022

Y/Y

(WEEK OF OCTOBER 19, 2022) (OCTOBER 23 - 29, 2022)

NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE

YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES (OCTOBER 26 – NOVEMBER 1, 2022) 2022 vs. 2019

NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE

% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES (OCTOBER 26 – NOVEMBER 1, 2022)

NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY AUGUST TO SEPTEMBER 2022


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY TRANSPORTATION METRICS

AUGUST 15, 2022 – OCTOBER 29,2022

(2022, 2021 & 2020)


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY ECONOMIC METRICS 2021 VS 2022

JANUARY – SEPTEMBER 2022

JAN

FEB

MAR 2022 INFLATION RATE

APR

MAY

JUN

JUL

2022 NEWPORT BEACH HOTEL OCCUPANCY RATE (%)

AUG

SEP


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY ECONOMIC METRICS

OCTOBER 23 - 29, 2022

OCTOBER 23 - 29, 2022

AVG TRANSACTION SPEND $671.03

Denver CO Tallahassee FLThomasville GA

$627.09 $614.80

San Francisco DMA, CA Grand RapidsKalamazoo-Battle Creek MI

$550.09 $442.93

Jacksonville FL Lincoln & Hastings-Kearney NE Dallas-Ft. Worth TX RoanokeLynchburg VA Honolulu HI Washington DC (Hagerstown MD)

$297.74 $185.49 $166.31 $154.11 $110.04


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY VISITATION METRICS OCTOBER 23 - 29, 2022

OCTOBER 23 - 29, 2022


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: REVPAR (2022 vs. 2021)

(WEEKS OF OCTOBER 2 – OCTOBER 23, 2022)

(YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020)

SOURCE: STR


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: OCCUPANCY (2022 vs. 2021) 110

55

0

((WEEKS OF OCTOBER 2 – OCTOBER 23, 2022) )

(YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020)

SOURCE: STR


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY HOTEL PERFORMANCE: ADR (2022 vs. 2021) 450 400 350 300 250 200

(WEEKS OF OCTOBER 2 – OCTOBER 23, 2022)

(YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020) 450 400

350 300 250 200 150

SOURCE: STR


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY SHORT-TERM RENTAL METRICS (2022 vs. 2021) 100

0

(WEEKS OF OCTOBER 2– OCTOBER 23, 2022)

(YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020) 450 400 350 300 250 200 150 100

SOURCE: KEY DATA DASHBOARD – AIRbnb, VRBO


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY SHORT-TERM RENTALS VS. HOTELS METRICS WEEKLY

850

0

850

0

SOURCE: STR, KEY DATA DASHBOARD


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY SHORT-TERM RENTALS VS. HOTELS METRICS MONTHLY

850

0

450

0

SOURCE: STR, KEY DATA DASHBOARD


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY RESTAURANT METRICS (PERCENT CHANGE 2022 vs. 2019)

SOURCE: OPENTABLE.COM

92 91 90 89 88 87 86 85 84 83 82 81 80 79 78 77 76 75 WED AUG 17

WED AUG 24

SOURCE: OPENTABLE.COM

WED AUG 31

WED SEP 07

WED SEP 14

WED SEP 21

WED SEP 28

WED OCT 05

WED OCT 12

WED OCT 19

WED OCT 26


NOVEMBER 3, 2022 WEEKLY REPORT

NEWPORT BEACH & COMPANY COMPETITIVE SET METRICS AND EVENTS

(AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR SEPTEMBER 2022)

SOURCE: STR

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