JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY EXECUTIVE SUMMARY NEWPORT BEACH HOTELS (JULY 17-23, 2022)
ORANGE COUNTY UNEMPLOYMENT (MAY 2022)
OPEN HOTELS (ONLY OPEN HOTELS)
ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
(JULY 17-23, 2022)
(MAY 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
2.4%
75.6%
ALL HOTELS (OPEN & CLOSED HOTELS)
71.4%
+25.6%
(JULY 17-23, 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
+0.7%
(MAY 2022 vs. MAY 2021)
JOHN WAYNE AIRPORT (SNA) (MAY 2021 vs. MAY 2022)
(JULY 17-23, 2022) 2022 vs. 2021
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$443.73
ORANGE COUNTY/JOHN WAYNE AIRPORT MONTHLY # OF PASSENGERS MAY 2021 MAY 2022
585,735
1,003,510
# OF HOTEL ROOMS OPEN FOR BOOKING:
3,056
# OF ANTICIPATED ROOMS:
295
CALIFORNIA & LA RESTAURANTS (WEEK OF JULY 21 - 26, 2022)
YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
U.S. TOTAL AUTOMOBILE SALES (JUNE 2021 vs. JUNE 2022)
U.S. MARKET AUTO SALES BY MONTH JUN 2021 JUN 2022
1,352,285
1,091,699
-0.02%
-0.16%
(WEEK OF JULY 21 - 26, 2022) 2021 vs. 2020
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
89%
82%
(WEEK OF JULY 21 – 26, 2022)
JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY COVID-19 & TRANSPORTATION METRICS NATIONAL COVID-19 NEW CASES NATIONAL VS CALIFORNIA (% OF NATIONAL)
SOURCE: CDC
GASOLINE PRICES: NATIONAL AVG. VS CALIFORNIA AVG. JUNE 2021 – JUNE 2022
SOURCE: U.S. DEPARTMENT OF TRANSPORTATION
CANCELLED FLIGHTS: CANCELLED AT ARRIVAL TO LAX AND JWA JANUARY 2021 – MAY 2022
SOURCE: U.S. DEPARTMENT OF TRANSPORTATION
JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY ECONOMIC METRICS RATE OF INFLATION BY MONTH JUNE 2021 – JUNE 2022
SOURCE: U.S. INFLATION CALCULATOR
SPEND BY CATEGORY (JUNE) 2021 VS. 2022
SOURCE: ZARTICO - VISA VUE
NEWPORT BEACH HOTELS REVENUE PER AVAILABLE ROOM YEAR-OVER-YEAR COMPARISON FOR 2020, 2021 & 2022
SOURCE: STR – JUNE 2022
JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY HOTEL PERFORMANCE NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE (2022 vs. 2021)
NEWPORT BEACH HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF JUNE 19 – JULY 23, 2022)
NEWPORT BEACH HOTELS AVERAGE MONTHLY OCCUPANCY RATE (YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020)
SOURCE: STR-MONTHLY DATA THROUGH JUNE 2022
JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY HOTEL PERFORMANCE NEWPORT BEACH HOTELS AVERAGE WEEKLY RATE (WEEKS OF MAY 15, 2021 – JULY 23, 2022)
NEWPORT BEACH HOTELS AVERAGE DAILY HOTEL RATE (WEEKS OF JUNE 26 – JULY 23, 2022)
NEWPORT BEACH HOTELS COMPETITIVE SET OF CITIES FOR JUNE 2022 (AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR JUNE 2022)
SOURCE: STR – JUNE 2022 MONTHLY, STR - W/O 7/10
JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY RESTAURANT & AIRPORT METRICS CALIFORNIA & LA DAILY SEATED DINERS FROM ONLINE, PHONE OR WALK-IN (YEAR-OVER-YEAR PERCENT CHANGE 2022 vs. 2021)
7/12/22
7/13/22
7/14/22
7/15/22
7/16/22
7/17/22
7/18/22
7/19/22
7/20/22
7/21/22
7/22/22
7/23/22
7/24/22
7/25/22
7/26/22
5.00% 0.00% -5.00% -10.00% -15.00% -20.00% -25.00% -30.00% -35.00% CALIFORNIA
LOS ANGELES
% OF CALIFORNIA & LA RESTAURANTS OPEN FOR RESERVATIONS BY WEEK 89%
89%
88%
86%
88%
89%
86%
83%
83%
82%
81% 79%
JUN 8
JUN 15
JUN 22
78%
JUN 29 CALIFORNIA
82%
JUL 6
JUL 13
JUL 20
LOS ANGELES
ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC (2022, 2021 & 2020)
916,767 806,386
958,826
890,185
764,506
181,486 25,313
195,290
854,393
847,671
MAR
APR
239,120
266,986
274,813
JUL
AUG
SEP
307,865
277,020
OCT
NOV
231,033
82,342
MAY 2022
SOURCE: OPENTABLE.COM
783,737
495,592
337,981
227,402
FEB
873,422
585,735 385,396
360,402
831,522
730,144
717,400
JAN
1,003,510
JUN 2021
2020
DEC
JULY 28, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY CALENDAR EVENTS BY MARKET SEASONALITY & EVENTS
WEEK OF
JULY Jun 19
Jun 26
FATHER'S DAY
Jul 03
Jul 10
AUGUST Jul 17
Jul 24
Jul 31
Aug 07
Aug 14
4THOF JULY
FIRE SEASON SUMMER BREAK (PEAK SEASON) VEA NEWPORT BEACH GRAND OPENING
NEWPORT BEACH
4THOF JULY FIREWORKS CELEBRATIONS 4THOF JULY FIREWORKS CELEBRATIONS
HUNTINGTON BEACH
26THANNUAL SHERMAN GARDENS SUMMER GARDEN PARTY
2022 ANNUAL FLIGHT OF NEWPORT BEACH 71stANNUAL PIER SWIM
U.S. OPENSURFING PAGEANT OF THE MASTERS
LAGUNABEACH
4THOF JULY FIREWORKS CELEBRATIONS ORANGE COUNTYFAIR
COSTA MESA
EVERYBODY CANENJOY POLO (SUNDAYS)
SANTABARBARA
FOOD & WINE FESTIVAL
SUMMER CONCERT SERIES FEATURING: ROD STEWART /BRANDICARLISLE /RISE AGAINST/BLACK CROWES /JOSHGROBAN/ETC 4THOF JULY FIREWORKS CELEBRATIONS
SUMMER SOULSTICE SANTA MONICA
4THOF JULY FIREWORKS CELEBRATIONS
22ND WOODIES AT THE BEACH
Aug 21