JUNE 2, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
EXECUTIVE SUMMARY
NEWPORT BEACH HOTELS
ORANGE COUNTY UNEMPLOYMENT
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
(MAY 22-28, 2022)
(APRIL 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
(MAY 22-28, 2022)
58.4%
ALL HOTELS (OPEN & CLOSED HOTELS)
55.2%
(APRIL 2022)
2.7%
+31.7%
(MAY 22-28, 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
+6.2%
JOHN WAYNE AIRPORT (SNA) (MARCH 2022 vs. MARCH 2021)
(MAY 22-28, 2022) 2022 vs. 2021
ORANGE COUNTY/JOHN WAYNE AIRPORT
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$343.42
(MAY 22-28, 2022)
MONTHLY # OF PASSENGERS NOTE: COMPARING LAST GOOD YEAR (2019) WITH CURRENT YEAR (2021) MAR 2021 MAR 2022
385,396
916,767
NOTE: COMPARING LAST GOOD YEAR (2019) WITH CURRENT YEAR (2021)
CLOSED HOTELS:
# OF HOTEL ROOMS OPEN FOR BOOKING:
PENDRY NEWPORT BEACH
# OF HOTEL ROOMS CLOSED:
3,056 295
U.S. TOTAL AUTOMOBILE SALES (APRIL 2021 vs. APRIL 2022)
U.S. MARKET AUTO SALES BY MONTH APR 2021 APR 2022
1,493,938
(APRIL 2022 vs. APRIL 2021)
643,491
CALIFORNIA & LA RESTAURANTS (WEEK OF MAY 25 – JUNE 1, 2022)
YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
+0.07%
-0.09%
(WEEK OF MAY 25 – JUNE 1, 2022) 2021 vs. 2020
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
90%
87%
(WEEK OF MAY 25 – JUNE 1, 2022)
JUNE 2, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE WEEKLY OCCUPANCY RATE (%)
(2022 vs. 2021)
75 70 65 60 55 50 45 40 35 30
68.2 %
66.7 %
64.0 %
62.3 %
59.1 %
54.3 % 33.9 % 38.2 %
61.7 %
60.8 %
65.3 % 60.2 %
9-APR
58.4 %
55.0 %
50.2 % 42.7 %
12-MAR 19-MAR 26-MAR 2-APR
65.2 %
55.1 %
53.3 %
42.6 %
61.0 %
44.5 %
44.4 %
45.3 %
16-APR 23-APR 30-APR 7-MAY 14-MAY 21-MAY 28-MAY
THIS YEAR
LAST YEAR
NEWPORT BEACH HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF MAY 1 - 28, 2022)
DAILY OCCUPANCY RATE (%)
90.0% 64.1% 64.8% 63.9% 63.5% 59.9% 55.7%
80.0% 70.0% 60.0% 50.0%
55.0%
49.3%
45.4%
37.8%
40.0%
69.7% 69.4% 74.4% 68.5% 67.6% 61.4%
67.3% 72.0% 65.2% 66.4% 63.4%
79.6% 61.5% 55.5% 62.4% 55.5% 46.7% 47.4%
30.0% 20.0% 10.0% 0.0% MAY 1-7, 2022
MAY 8-14, 2022 SUN
MON
TUE
MAY 15-21, 2022 WED
THU
FRI
MAY 22-28, 2022
SAT
NEWPORT BEACH HOTELS AVERAGE MONTHLY OCCUPANCY RATE (YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020)
MONTHLY AVERAGE DAILY RATE ($)
100.0% 80.0% 60.0% 40.0% 20.0%
69.1%
79.8% 52.7%
63.60%
62.5%
52.6%
62.6%
71.6%
47.7% 29.6%
30.0%
0.0% JAN
58.1%
59.8%
44.2%
43.9%
45.2%
53.4%
51.1%
38.5%
37.5%
22.7%
61.7%
FEB
MAR
27.6% 13.5% APR 2022
MAY
37.3%
JUN 2021
SOURCE: MAY 26, 2022, STR.COM: MONTHLY DATA THROUGH APRIL 2022
38.2%
JUL 2020
AUG
SEP
OCT
34.3% NOV
25.0% DEC
JUNE 2, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS AVERAGE WEEKLY RATE AVERAGE WEEKLY RATE ($)
(WEEKS OF MARCH 12, 2021 – MAY 28, 2022)
400
$369.30
380 360
$315.15 $306.73
340 320 300 $309.93 280 260
$307.90
$268.24
240
$274.78
$333.92 $339.28 $329.60
$330.96 $325.92
$318.76
$340.35 $343.24
$316.96 $287.13 $290.00
$288.79
$284.94 $267.72
12-MAR 19-MAR 26-MAR 2-APR
$276.42 $280.88
$296.71
9-APR 16-APR 23-APR 30-APR 7-MAY 14-MAY 21-MAY 28-MAY
THIS YEAR
LAST YEAR
NEWPORT BEACH HOTELS AVERAGE DAILY HOTEL RATE (MAY 1 – 28, 2022) [
$400
$326$330$314$307$319
$300
$351$370
$435 $390 $378$392 $326 $369 $356 $304 $348 $315 $304 $301 $306 $322 $299$310$314$316 $308 $292 $293
$200 $100 $0 5/
5/
1/
22 2/ 2 5/ 2 3/ 2 5/ 2 4/ 2 5/ 2 5/ 2 5/ 2 6/ 2 5/ 2 7/ 2 5/ 2 8/ 2 5/ 2 9/ 5/ 22 10 /2 5/ 2 11 / 5/ 22 12 / 5/ 22 13 / 5/ 22 14 / 5/ 22 15 / 5/ 22 16 / 5/ 22 17 / 5/ 22 18 / 5/ 22 19 / 5/ 22 20 / 5/ 22 21 / 5/ 22 22 / 5/ 22 23 / 5/ 22 24 / 5/ 22 25 / 5/ 22 26 / 5/ 22 27 / 5/ 22 28 /2 2
AVERAGE DAILY RATE ($)
$500
NEWPORT BEACH HOTELS COMPETITIVE SET OF CITIES FOR FEBRUARY 2022 $800
63%
$600
76%
80%
$267
$198
72%
79%
80%
62%
66%
$390
$171
$285
$335
$714
75%
78%
83%
$310
$221
$418
AVERAGE DAILY RATE ($)
SOURCE: MAY 26, 2022, STR.COM: MONTHLY DATA THROUGH APRIL 2022
N IC A SA
N TA
M O
H EI M
R SP
OCCUPANCY RATE (%)
A N A
IN G S
S A LM P
B
EV
ER
B
YL Y
A R
H
BA
IL L
RA
A SA
N TA
V
JO LL LA
A D A N
IR
PO IN T
O D IE G N
TI N G H U N
EA C H B T O R N E
W P
TO N …
$332
$0
SA
$200
IN E
$400
OCCUPANCY RATE (%)
MONTHLY AVERAGE HOTEL RATE ($)
(AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR APRIL 2022)
100% 80% 60% 40% 20% 0%
JUNE 2, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
RESTAURANT & AIRPORT METRICS CALIFORNIA & LA DAILY SEATED DINERS FROM ONLINE, PHONE OR WALK-IN /2 5/ 2 9/ 2 5/ 2 10 / 5/ 22 11 / 5/ 22 12 / 5/ 22 13 / 5/ 22 14 / 5/ 22 15 / 5/ 22 16 / 5/ 22 17 / 5/ 22 18 / 5/ 22 19 / 5/ 22 20 / 5/ 22 21 / 5/ 22 22 / 5/ 22 23 / 5/ 22 24 / 5/ 22 25 / 5/ 22 26 / 5/ 22 27 / 5/ 22 28 / 5/ 22 29 / 5/ 22 30 / 5/ 22 31 / 6/ 22 1/ 22
5/ 8
% CHANGE IN WEEKLY SEATED DINERS
(YEAR-OVER-YEAR PERCENT CHANGE 2022 vs. 2021)
45 25 5 -15
-35 -55 -75 CALIFORNIA RESTAURANTS
LOS ANGELES RESTAURANTS
% OF CALIFORNIA & LA RESTAURANTS OPEN FOR RESERVATIONS BY WEEK PERCENT (%) OF RESTAURANTS OPEN FOR RESERVATIONS PER WEEK
115% 92%
95%
92%
87%
88%
89%
APR 20
APR 27
MAY 4
95% 75%
92%
88%
91%
85%
87%
85%
87%
MAY 11
MAY 18
MAY 25
JUN 1
90%
55% 35%
CALIFORNIA
LOS ANGELES
ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC
MONTHLY PASSENGER TRAFFIC
(2022, 2021 & 2020)
1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 -
916,767
890,185
806,386
730,144
764,506 717,400
495,592
831,522
783,737
873,422 854,393 847,671
585,735
385,396 360,402
181,486
337,981 25,313
195,290 227,402 JAN
FEB
MAR
APR
239,120
266,986 274,813
307,865
277,020 231,033
82,342
MAY 2022
JUN 2021
JUL AUG 2020
SOURCE: OPENTABLE AND SNA/JWA AIRPORT : MONTHLY DATA THROUG MARCH 2022
SEP
OCT
NOV
DEC
JUNE 2, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
UNEMPLOYMENT & AUTOMOBILE METRICS
2020-2021 ORANGE COUNTY UNEMPLOYMENT RATE BY MONTH PERCENTAGE RATE (%)
(CALIFORNIA vs. ORANGE COUNTY)
10.0% 8.0% 6.0% 4.0% 2.0% 0.0%
8.3% 8.0% 7.7% 7.6% 7.6% 7.0% 6.5% 5.3% 6.4% 6.4% 6.1% 6.2% 5.8% 5.8% 5.7% 6.3% 6.0% 5.8% 5.0% 4.6% 4.7% 4.1% 4.2% 3.7% 4.9% 3.7% 3.1% 2.7%
MAR 2021
APR 2021
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
CALIFORNIA
OCT 2021
NOV 2021
DEC 2021
JAN 2022
FEB 2022
MAR 2022
APR 2022
ORANGE COUNTY
2020-2021 ORANGE COUNTY MONTHLY NUMBER OF LEISURE & HOSPITALITY EMPLOYEES PERCENT CHANGE YOY PERCENT CHANGE (%)
(CALIFORNIA vs. ORANGE COUNTY)
APR 2021
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
OCT 2021
NOV 2021
DEC 2021
JAN 2022
FEB 2022
MAR 2022
APR 2022
62.6% 59.2% 70.0% 45.6% 47.8% 60.0% 41.1% 46.5% 38.7% 39.1% 32.2% 38.0% 38.8% 37.5% 43.5% 50.0% 28.4% 31.7% 35.6% 30.5% 23.4% 33.4% 30.4% 40.0% 27.3% 21.4% 20.2% 24.8% 24.6% 22.8% 30.0% 20.0% 10.0% 0.0% CALIFORNIA
ORANGE COUNTY
SOURCE: U.S. BUREAU OF LABOR STATISTICS : MONTHLY DATA THROUGH APRIL
U.S. AUTOMOBILE SALES BY MONTH
# OF AUTOMOBILES SOLD (MILLIONS)
(DECEMBER 2020 – DECEMBER 2021 vs. PRIOR YEAR) 2.0 1.5
1.3 1.2
1.1
1.3
1.1
1.0
1.3
1.4 1.0
1.5
1.3 1.0
1.0
1.2
1.0
0.5
0.5
1.3
1.2
1.5
1.5
1.5
1.2 0.6
0.5
0.4
0.0 JUN
JUL
AUG
SEP
OCT
NOV 2022
DEC 2021
JAN
FEB
MAR
2020
NEWPORT BEACH & COMPANY 1600 NEWPORT CENTER DRIVE, SUITE 120 NEWPORT BEACH, CA 92660 INFO@VISITNEWPORTBEACH.COM 800-94-COAST © 2021. NEWPORT BEACH & COMPANY
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