NEWPORT BEACH & COMPANY ECONOMIC DASHBOARD: FEBRUARY 16, 2023

Page 1

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY

ORANGE COUNTY UNEMPLOYMENT

2022 VS. 2021 ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE 2.5% (DECEMBER 2022) ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE +10.8% (DECEMBER 2022 vs. DECEMBER 2021) % OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES 90% 88% (FEBRUARY 02 – 07, 2023)
TRANSPORTATION
REPORT NEWPORT BEACH HOTELS (JANUARY 29 – FEBRUARY 04, 2023) NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS) 67.1% NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS +34.7% 2023 vs. 2022 NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE $308.66 # OF HOTEL ROOMS OPEN FOR BOOKING: 2,977 NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS) 60.8%
CALIFORNIA & LA RESTAURANT
NEWPORT BEACH SHORT-TERM VACATION RENTALS (JANUARY 29 – FEBRUARY 04, 2023) NEWPORT BEACH SHORT-TERM RENTALS WEEKLY OCCUPANCY RATE 35.0% NEWPORT BEACH SHORT-TERM RENTALS WEEKLY AVERAGE RATE $406.17 NEWPORT BEACH SHORT-TERM RENTALS MONTHLY % CHANGE IN SUPPLY -1.6% JANUARY - FEBRUARY 2023 +18.7% SOURCE: STR, OCAIR.COM, KEY DATA DASHBOARD , OPENTABLE.COM, BLS.GOV, GOODCARBADCAR.NET YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES 0.00% -0.01% (FEBRUARY 02 – 07, 2023) ORANGE COUNTY/JOHN WAYNE AIRPORT # OF MONTHLY PASSENGERS NOVEMBER 2022 NOVEMBER 2021 1,014,095 854,393 +18.7% US AUTO MARKET SALES BY MONTH JANUARY 2023 JANUARY 2022 544,382 1,018,304 -46.5%

FEBRUARY 16, 2023, WEEKLY REPORT NEWPORT BEACH & COMPANY TRANSPORTATION METRICS

GASOLINE: NATIONAL AVG. VS CALIFORNIA AVG. VS HOTEL OCCUPANCY RATE DECEMBER 12, 2022 – FEBRUARY 06, 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 62.8% 41.1% 54.9% 40.3% 54.9% 56.0% 65.1% 67.6% 67.1% $3.35 $3.23 $3.20 $3.33 $3.36 $3.42 $3.52 $3.59 $3.55 $4.45 $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 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 $4.51 $4.46 $4.38 DEC 26 JAN 16 JAN 30 JAN 23 JAN 09 JAN 02 DEC 19 FEB 06 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 1,014,095 944,146 195,290 227,402 495,592 585,735 730,144 890,185 831,522 783,737 873,422 854,393 847,671 806,386 764,506 337,981 82,342 181,486 239,120 266,986 274,813 307,865 277,020 231,033 NOV OCT SEP 360,402 JUL AUG DEC MAY FEB APR 25,313 MAR 385,396 JAN JUN 2021 2020 2022

FEBRUARY 16, 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

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY ECONOMIC METRICS

AVG. CREDIT/DEBIT CARD SPEND BY CATEGORY

AVG. CREDIT CARD/DEBIT TRANSACTION AMOUNT BY TOP 10 SPEND MARKETS FEBRUARY 05 – FEBRUARY 11, 2023 SOURCE: ZARTICO
FEBRUARY 05 – FEBRUARY 11, 2023
48.6% 20.0% 5.3% 6.1% 48.1% 28.4% 3.2% 4.8% 6.5% 4.3% 2022 2023 -6.6% -35.6% 103.0% -4.9% Gas & Service Stations -55.3% Business & Professional Y/Y VARIANCE Food Accommodations Retail AVG TOTAL SPEND Y/Y VARIANCE $136.06 $135.89 $105.68 $83.63 $173.37 $185.59 Palm Springs CA $275.32 Houston TX $177.69 $161.59 $170.51 Denver CO San Francisco CA Phoenix AZ Dallas-Ft. Worth TX Santa Barbara CA San Diego CA AVG TRANSACTION SPEND Seattle-Tacoma WA Las Vegas NV CATEGORY SPEND AVERAGE CREDIT/DEBIT SPEND 2.4% 2.9% 3.0% 3.2% 3.2% 6.7% 2.5% 3.7% 6.7% 5.1% % OF TOTAL VISITOR SPEND SOURCE: ZARTICO

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY VISITATION METRICS

ZARTICO
ZARTICO OVERNIGHT VISITATION FROM TOP 10 ORIGIN MARKETS FEBRUARY 05 – FEBRUARY 11, 2023
SOURCE:
SOURCE:
VISITATION TYPE BY TOP 10 ORIGIN MARKETS FEBRUARY 05 – FEBRUARY 11, 2023 54.7% 6.0% 4.0% 3.7% 2.7% 2.1% 1.8% 1.6% 1.5% 1.5% Chicago IL Denver CO Bakersfield CA Las Vegas NV Phoenix AZ Sacramento CA San Francisco CA San Diego CA New York NY 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% 36.5% 10.4% 4.8% 4.0% 4.7% 3.8% 1.9% 1.7% 2.0% 1.6% 43.9% 7.8% 5.4% 5.6% 5.9% 2.1% 1.9% 1.0% 1.3% 44.2% 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

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY

HOTEL PERFORMANCE: OCCUPANCY

& 2021)

DAILY OCCUPANCY RATE BY DAY OF WEEK

OF JANUARY 15, 2022 – FEBRUARY 05, 2023) )

AVERAGE MONTHLY OCCUPANCY RATE

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

SOURCE: STR
NEWPORT BEACH HOTELS (WEEKS BEACH HOTELS (YEAR NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE (2022
60.0% 53.2% 40.6% 51.0% 33.3% 39.6% 37.9% 41.7% 47.3% 49.8% 67.0% 62.8% 41.1% 54.9% 40.3% 54.9% 56.0% 65.1% 67.6% 67.1% 0 55 110 FEB 05 JAN 22 JAN 01 DEC 25 JAN 29 DEC 18 JAN 15 JAN 08 DEC 11 DEC 04 2022 2021 WEEKLY OCCUPANCY 43.1% 42.4% 47.0% 49.3% 44.3% 68.1% 69.6% 72.1% 64.8% 78.8% 75.9% 87.2% 69.4% 83.1% 75.8% 84.4% 64.2% 66.9% 65.1% 66.8% 51.6% 57.9% 69.6% 52.4% 55.1% 58.6% 70.5% 57.2% JAN 29 - FEB 04 JAN 22 - JAN 28 FEB 05 - FEB 11 JAN 15 - JAN 21 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% OCT SEP JUL NOV APR AUG DEC JAN JUN MAY 79.7% 38.6% FEB MAR 2021 2022 2020 2023 v 2022

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY

HOTEL PERFORMANCE: ADR

SOURCE: STR
NEWPORT BEACH HOTELS DAILY ADR BY DAY OF WEEK (WEEKS OF JANUARY 15, 2022 – FEBRUARY 05, 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 $285.02 $312.41 $361.38 $280.70 $301.84 $309.29 $288.38 $283.98 $327.04 $310.15$322.29 $408.33 $294.73 $291.73 $284.33 $307.97 $296.01 $308.66 200 350 400 500 450 250 DEC 11 DEC 04 $362.84 $451.09 DEC 25 JAN 22 JAN 08 JAN 01 JAN 15 JAN 29 FEB 05 DEC 18 2022 2021 $299.90 $306.50 $283.17 $295.36 $276.44 $303.08 $293.86 $308.67 $286.36 $317.14 $306.77 $306.35 $292.90 $321.29 $302.86 $312.61 $270.43 $312.43 $301.88 $304.84 $270.22 $293.67 $288.31 $308.16 $294.73 $292.56 $289.92 $322.77 FEB 05 - FEB 11 JAN 29 - FEB 04 JAN 22 - JAN 28 JAN 15 - JAN 21 $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 OCT $403.73 JUL NOV $444.09 SEP DEC $397.40 JUN $316.50 MAY $296.71 APR MAR FEB $379.47 JAN 2021 2022 2020 2023 v 2022

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY

HOTEL PERFORMANCE: REVPAR

SOURCE: STR
NEWPORT BEACH HOTELS DAILY REVPAR BY DAY OF WEEK (WEEKS OF JANUARY 15, 2022 – FEBRUARY 05, 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 $171.05 $166.22 $146.66 $230.24 $93.40 $119.60 $117.25 $120.37 $134.28 $162.87 $207.86 $202.45 $149.11 $224.28 $160.25 $159.34 $200.62 $200.24 $206.99 JAN 22 JAN 15 JAN 08 $118.87 DEC 04 DEC 25 JAN 29 DEC 11 DEC 18 FEB 05 JAN 01 2022 2021 $129.12 $130.11 $133.13 $145.70 $122.36 $206.46 $204.62 $222.59 $185.46 $249.99 $232.75 $267.18 $203.16 $267.06 $229.48 $263.83 $173.51 $209.16 $196.63 $203.57 $139.46 $170.09 $200.75 $161.42 $162.30 $171.51 $204.31 $184.67 JAN 29 - FEB 04 JAN 22 - JAN 28 JAN 15 - JAN 21 FEB 05 - FEB 11 $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 AUG $248.99 $284.44 JUN $205.89 $253.62 SEP $199.62 $114.63 OCT DEC NOV FEB $75.91 JUL JAN APR $181.29 $169.04 MAY $166.41 MAR 2021 2022 2020 2023 v 2022

FEBRUARY 16, 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 MONTHLY REVPAR (YEAR - OVER - YEAR COMPARISON FOR 2022, 2021 & 2020)

SOURCE: KEY DATA DASHBOARD – AIRbnb, VRBO
NEWPORT BEACH SHORT-TERM RENTALS DAILY ADR BY DAY OF WEEK (WEEKS OF JANUARY 15, 2022 – FEBRUARY 05, 2023)
WEEKLY ADR REVPAR BY MONTH 36.0% 35.5% 48.1% 54.1% 34.0% 30.8% 33.5% 32.0% 34.6% 35.3% 28.8% 28.1% 34.6% 46.8% 33.7% 34.1% 30.4% 31.9% 33.2% 35.0% 0 90 JAN 22 JAN 15 JAN 08 JAN 29 JAN 01 DEC 11 DEC 25 FEB 05 DEC 18 DEC 04 2021 2022 $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 $176.72 100 250 150 300 350 400 450 $185.40 $307.81 AUG $137.18 $347.86 MAR $146.96 $252.52 DEC JAN $123.80 APR FEB $302.18 MAY JUL $418.19 $119.06 SEP JUN $102.78 $266.55 NOV OCT $188.93 $208.26 $134.79 2022 2021 2020 WEEKLY OCCUPANCY $468.83 $369.86 $369.46 $401.73 $420.07 $353.98 $366.02 $394.29 $415.61 $366.47 $357.18 $402.39 $397.85 $374.57 $355.76 $393.05 $385.78 $379.18 $386.41 $404.05 $386.52 $389.98 $395.03 $418.04 $388.33 $392.63 $400.93 $429.66 JAN 29 - FEB 04 JAN 22 - JAN 28 FEB 05 - FEB 11 JAN 15 - JAN 21 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
NEWPORT
RENTALS
METRICS WEEKLY 67.0% 62.8% 41.1% 54.9% 40.3% 54.9% 56.0% 65.1% 67.6% 67.1% 28.8% 28.1% 34.6% 46.8% 33.7% 34.1% 30.4% 31.9% 33.2% 35.0% 0 100 JAN 22 JAN 08 JAN 01 JAN 15 DEC 25 DEC 18 DEC 11 DEC 04 FEB 05 JAN 29 HOTEL SHORT-TERM RENTAL $310.15$322.29 $362.84 $408.33 $294.73 $291.73 $284.33 $307.97 $296.01 $308.66 $393.54$443.41 $559.44 $631.51 $406.95 $408.99 $375.23 $375.82 $406.17 0 850 JAN 29 JAN 15 JAN 08 $483.09 JAN 01 DEC 11 FEB 05 DEC 18 DEC 25 JAN 22 DEC 04 SHORT-TERM RENTAL HOTEL WEEKLY OCCUPANCY RATE WEEKLY ADR WEEKLY REVPAR $207.86$202.45 $149.11 $118.87 $160.25 $159.34 $200.62 $200.24 $206.99 $113.69$126.07 $295.45 $127.72 $124.81 $120.24 $125.60 $142.43 0 400 FEB 05 JAN 29 JAN 22 JAN 15 JAN 08 DEC 04 $164.09 $196.52 DEC 11 $224.28 DEC 18 JAN 01 DEC 25 HOTEL SHORT-TERM RENTAL 2023 2023 2023
FEBRUARY 16, 2023, WEEKLY REPORT
BEACH & COMPANY SHORT-TERM
VS. HOTELS
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 FEBRUARY 16, 2023, WEEKLY REPORT NEWPORT
& 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
BEACH
SHORT-TERM

FEBRUARY 16, 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 68.0% -4.0% -5.0% -2.0% 4.0% 8.0% 19.0% -6.0% -3.0% -5.0% 119.0% -19.0% -15.0% -16.0% -10.0% 0.0% -25.0% -15.0% -19.0% -32.0% -44.0% -8.0% -11.0% -19.0% -48.0% -33.0% -4.0% TUE FEB 14 MON FEB 13 FRI FEB 10 THU FEB 09 SUN FEB 12 MON FEB 06 -11.0% FRI FEB 03 THU FEB 02 -13.0% SAT FEB 04 TUE FEB 07 WED FEB 01 TUE JAN 31 SUN FEB 05 MON JAN 30 WED FEB 08 SUN JAN 29 54.0% 7.0% SAT FEB 11 -7.0% 106.0% 23.0% LOS ANGELES CALIFORNIA 94.0% 88.0% 87.0% 89.0% 91.0% 92.0% 92.0% 90.0% 86.0% 75.0% 83.0% 85.0% 84.0% 85.0% 86.0% 88.0% 75 80 85 90 95 92.0% JAN 25 JAN 18 JAN 04 82.0% FEB 01 88.0% DEC 21 DEC 28 78.0% FEB 08 DEC 07 DEC 14 JAN 11 LOS ANGELES CALIFORNIA DINERS: DAILY OPEN RESTAURANTS SOURCE: OPENTABLE.COM

FEBRUARY 16, 2023, WEEKLY REPORT

NEWPORT BEACH & COMPANY

COMPETITIVE CITY METRICS AND EVENTS

NEWPORT BEACH HOTELS COMPETITIVE CITIES FOR DECEMBER 2022

SAN DIEGO

FEBRUARY - APRIL 2023

• 02/25: SELTZERLAND – A HARD SELTZER

TASTING FESTIVAL

• 02/01 – 02/28: MUSEUM MONTH

• 02/01 – 02/28: SENIORS FREE AT THE SAN DIEGO ZOO SAFARI PARK

• 03/31 – 04/02: SAN DIEGO CREW CLASSIC

LOS ANGELES FEBRUARY 2023

• 02/18 – 02/19: MONSTER JAM

• 02/16 – 02/19: LA ART SHOW

• 02/25: BOB BAKER DAY

FEBRUARY 2023

• 02/02 – 02/18: COACHELLA VALLEY INVITATIONAL

• FREE THURSDAYS: NIGHTS AT THE MUSEUM

SANTA BARBARA

FEBRUARY - MARCH 2023

• 02/08 – 02/18: SANTA BARBRA

INTERNATIONAL FILM FESTIVAL

• 03/02 – 03/04: WORLD OF PINOT NOIR

• 03/10 – 03/12: SANTA BARBARA

INTERNAITONAL ORCHID SHOW

HUNTINGTON BEACH

APRIL 2023

• 04/01: SOCAL CORGI BEACH DAY

• ALL OF APRIL: JACK’S SURFBOARDS PRO

(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 (%)
PALM SPRINGS

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