DECEMBER 29, 2021 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE WEEKLY OCCUPANCY RATE (%)
(2021 vs. 2020)
65
61.4%
56.2%
59.8%
61.7%
61.8%
53.2%
50.9%
48.8%
55
60.0%
57.9%
55.9%
45.9%
45 42.0%
35
45.4%
43.1%
41.4%
45.5% 34.9%
25
36.9%
34.1%
35.1% 26.8%
15 2-OCT
9-OCT
16-OCT 23-OCT 30-OCT 6-NOV 13-NOV 20-NOV 27-NOV 4-DEC THIS YEAR
21.1%
23.9%
11-DEC 18-DEC
LAST YEAR
NEWPORT BEACH HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF NOVEMBER 21 – DECEMBER 18, 2021)
DAILY OCCUPANCY RATE (%)
90.0% 67.2% 68.3% 66.5% 66.4% 61.0%
80.0%
63.5% 63.2% 60.0% 52.8% 51.1% 40.9% 50.0% 45.4% 39.2% 40.0% 70.0%
30.0%
50.9% 59.8% 50.0% 54.3%
43.1% 34.5% 28.7%
62.1% 56.6% 57.2% 51.6% 54.2% 47.2% 43.5%
51.6% 39.1%
20.0% 10.0% 0.0% NOV 21-27, 2021
NOV 28-DEC 4, 2021 SUN
MON
TUE
WED
DEC 5-11, 2021 THU
FRI
DEC 12-18, 2021
SAT
NEWPORT BEACH HOTELS AVERAGE MONTHLY OCCUPANCY RATE (YEAR-OVER-YEAR COMPARISON FOR 2021, 2020 & 2019)
MONTHLY AVERAGE DAILY RATE ($)
100.0% 80.0% 60.0% 40.0%
69.1% 68.6% 22.7%
79.8%
78.7%
74.9% 29.6%
20.0%
38.5%
75.5% 47.7%
30.0%
0.0% JAN
FEB
MAR
71.8% 52.6%
27.6% 13.5% APR 2021
SOURCE: DECEMBER 22, 2021, STR.COM
81.2%
MAY
62.6%
37.3%
JUN 2020
85.9% 71.6%
38.2%
JUL 2019
81.8%
76.2%
78.7%
61.7%
58.1%
59.8%
44.2%
43.9%
45.2%
AUG
SEP
OCT
67.6%
67.3%
53.4%
34.3% NOV
25.0% DEC
DECEMBER 29, 2021 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS AVERAGE WEEKLY RATE AVERAGE WEEKLY RATE ($)
(WEEKS OF OCTOBER 2 - DECEMBER 18, 2021)
415 395 375 355 335 315 295 275 255 235
$378.82
$328.07
$317.04 $312.21
$295.54 $297.59
$312.85
$306.98 $305.11
$304.17 $276.45 $299.55 $262.17
2-OCT
9-OCT
$286.71 $285.37
$292.78 $284.92 $319.90
$291.00
$294.12 $277.20
$288.82
16-OCT 23-OCT 30-OCT 6-NOV 13-NOV 20-NOV 27-NOV 4-DEC THIS YEAR
$309.91
$279.37
11-DEC 18-DEC
LAST YEAR
NEWPORT BEACH HOTELS AVERAGE DAILY HOTEL RATE
2 /2 1 5/ 2 11 /2 1 6/ 2 11 /2 1 7/ 2 11 /2 1 8/ 2 11 /2 1 9/ 2 11 /3 1 0/ 2 12 1 /1 / 12 21 /2 / 12 21 /3 / 12 21 /4 / 12 21 /5 / 12 21 /6 / 12 21 /7 / 12 21 /8 / 12 21 /9 12 /21 /1 0/ 12 21 /1 1 12 /21 /1 2 12 /21 /1 3 12 /21 /1 4 12 /21 /1 5 12 /21 /1 6/ 12 21 /1 7 12 /21 /1 8/ 21
21
11
11
/2
4/
21
11
/2
2/
/2
/2
11
11
3/
21
$419$416$404 $450 $362 $360 $400 $354 $346 $300 $340 $315 $324 $299 $269 $350 $312 $282 $301 $302 $301 $301 $289 $283 $276 $273 $271 $284 $269 $266 $275 $300 $250 $200 $150 $100 $50 $0 1/
AVERAGE DAILY RATE ($)
(NOVEMBER 21 - DECEMBER 18, 2021)
NEWPORT BEACH HOTELS COMPETITIVE SET OF CITIES FOR SEPTEMBER 2021
SOURCE: DECEMBER 29, 2021, STR.COM
$178
$336
M O
H EI M
N IC A
66%
N TA
SP A LM P
YL Y ER EV B
R
H
BA A R B
OCCUPANCY RATE (%)
A N A
IN G S
S
$167
IL L
RA
A SA
AVERAGE DAILY RATE ($)
$639
61%
SA
$360
52% 52%
N TA
A
$269
D A N
N
D IE G
PO IN T
O
TO N …
$154
JO LL
$451
LA
$178
76%
IN E
$243
TI N G H U N
O R
T
B
EA C H
$338
69%
V
59%
58%
67%
IR
65%
N E
W P
67%
SA
$700 $600 $500 $400 $300 $200 $100 $0
OCCUPANCY RATE (%)
MONTHLY AVERAGE HOTEL RATE ($)
(AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR SEPTEMBER 2021)
100% 80% 60% 40% 20% 0%
DECEMBER 29, 2021 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
RESTAURANT & AIRPORT METRICS CALIFORNIA & LA DAILY SEATED DINERS FROM ONLINE, PHONE OR WALK-IN 12 /2 / 12 21 /3 / 12 21 /4 12 /21 /5 / 12 21 /6 / 12 21 /7 / 12 21 /8 12 /22 /9 12 /23 /1 0 12 /2 /1 4 1 12 /25 /1 2 12 /2 /1 6 3 12 /2 /1 7 4 12 /2 /1 8 5 12 /2 /1 1 6 12 /2 /1 1 7 12 /2 /1 1 8 12 /2 /1 1 9 12 /2 /2 1 0 12 /2 /2 1 1 12 /2 /2 1 2 12 /2 /2 1 3 12 /2 /2 1 4 12 /2 /2 1 5 12 /2 /2 1 6 12 /2 /2 1 7 12 /2 /2 1 8/ 21
% CHANGE IN WEEKLY SEATED DINERS
(YEAR-OVER-YEAR PERCENT CHANGE 2021 vs. 2020)
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
85%
82%
83%
78%
79%
82% 84%
75%
83%
82%
81%
82%
85% 85% 69%
65%
66%
55% 45%
NOV 10
NOV 17
NOV 24
DEC 1
CALIFORNIA
DEC 8
DEC 15
DEC 22
LOS ANGELES
ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC (2021, 2020 & 2019)
923,403 899,186 942,680 918,810 945,962 942,385
MONTHLY PASSENGER TRAFFIC
1,000,000 900,000 800,000 700,000 600,000
819,358 789,523
730,144 890,185
806,386
585,735
764,506
400,000 195,290
227,402
200,000
831,522 783,737
827,140
891,492
873,422
495,592 385,396
500,000 300,000
859,174 897,873
337,981
100,000
181,486
274,813 239,120 266,986
307,865 277,020
231,033
25,313 82,342
JAN
FEB
MAR
SOURCE: OPENTABLE AND SNA/JWA AIRPORT
APR
MAY 2021
JUN 2020
JUL AUG 2019
SEP
OCT
NOV
DEC
DECEMBER 29, 2021 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%
9.3% 9.0% 8.5% 8.3% 8.0% 7.7% 7.6% 7.6% 7.5% 7.5% 7.3% 7.4% 6.9% 7.3% 6.5% 6.7% 6.4% 6.6% 6.2% 6.3% 5.8% 6.0% 5.0% 4.7%
8.7%
NOV 2020
DEC 2020
JAN 2021
FEB 2021
MAR 2021
APR 2021
CALIFORNIA
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
OCT 2021
NOV 2021
ORANGE COUNTY
2020-2021 ORANGE COUNTY MONTHLY NUMBER OF LEISURE & HOSPITALITY EMPLOYEES PERCENT CHANGE YOY PERCENT CHANGE (%)
(CALIFORNIA vs. ORANGE COUNTY)
NOV 2020
DEC 2020
JAN 2021
FEB 2021
MAR 2021
APR 2021
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
OCT 2021
NOV 2021
80.0% 62.6% 47.8% 44.1% 60.0% 39.1% 46.5% 38.0% 37.5% 37.0% 28.2% 27.7% 24.8% 25.1% 22.2% 20.2% 40.0% 27.3% 20.2% 20.0% 0.0% -20.0% -40.0% -24.0% -33.9% -29.1% -30.2% -34.0% -38.8% -38.6% -32.3% -60.0% -35.4% -41.6% CALIFORNIA ORANGE COUNTY
SOURCE: U.S. BUREAU OF LABOR STATISTICS
U.S. AUTOMOBILE SALES BY MONTH
# OF AUTOMOBILES SOLD (MILLIONS)
(OCTOBER 2020 – NOVEMBER 2021 vs. PRIOR YEAR) 2.0 1.5
1.3
1.4
1.2
1.5
1.5 1.5
1.2
1.2 1.3
1.4
1.0
1.5
1.5
1.5 1.1
0.9
1.3 1.2
1.2 1.3
1.1
1.4
1.3
0.5
0.5
1.3
1.2
1.1 0.5
0.5
0.0 OCT 2020
NOV 2020
DEC 2020
JAN 2021
FEB 2021
MAR 2021
APR 2021
THIS YEAR
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
LAST YEAR
NEWPORT BEACH & COMPANY 1600 NEWPORT CENTER DRIVE, SUITE 120 NEWPORT BEACH, CA 92660 INFO@VISITNEWPORTBEACH.COM 800-94-COAST © 2021. NEWPORT BEACH & COMPANY
OCT 2021
NOV 2021