NOVEMBER 5, 2021 WEEKLY REPORT
NEWPORT BEACH & COMPANY COVID-19 ECONOMIC RECOVERY DASHBOARD
EXECUTIVE SUMMARY
NEWPORT BEACH HOTELS
ORANGE COUNTY UNEMPLOYMENT
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE
(OCTOBER 24-30, 2021)
OPEN HOTELS (ONLY OPEN HOTELS)
55.9%
(OCTOBER 24-30, 2021)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE ALL HOTELS (OPEN & CLOSED HOTELS)
52.9%
(SEPTEMBER 2021)
5.0%
(SEPTEMBER 2021)
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES (%) PERCENT CHANGE
SEP 2020
(OCTOBER 24-30, 2021)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
+22.9%
24.8%
43.5%
JOHN WAYNE AIRPORT (SNA) (SEPT 2021 vs. SEPT 2019)
(OCTOBER 24-30) 2021 vs. 2020
ORANGE COUNTY/JOHN WAYNE AIRPORT
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$262.2
(OCTOBER 24-30, 2021)
CLOSED HOTELS:
# OF HOTEL ROOMS OPEN FOR BOOKING:
FASHION ISLAND HOTEL
# OF HOTEL ROOMS CLOSED:
3,056 295
MONTHLY # OF PASSENGERS SEP 2019 SEP 2021
859,174
U.S. TOTAL AUTOMOBILE SALES (OCTOBER 2020 vs. OCTOBER 2021)
U.S. MARKET AUTO SALES BY MONTH OCT 2020 OCT 2021
589,743
783,747
NOTE: COMPARING LAST GOOD YEAR (2019) WITH CURRENT YEAR (2021)
CALIFORNIA & LA RESTAURANTS (WEEK OF OCTOBER 21-27, 2021) YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-10.2%
1,398,735
SEP 2021
-20.1%
(WEEK OF OCTOBER 21-27) 2021 vs. 2020
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
81%
81%
(WEEK OF OCTOBER 21-27, 2021)
NOVEMBER 5, 2021 WEEKLY REPORT
NEWPORT BEACH & COMPANY COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE (2021 vs. 2020)
WEEKLY OCCUPANY RATE (%)
70 65
62.9%
60.73
60
62.2%
60.9%
58.0% 52.8%
55
61.4%
61.7%
59.8%
56.2%
55.7%
55.9%
50 45 40
44.8%
44.8%
44.0%
42.8%
21-AUG
28-AUG
47.6% 42.8%
42.6%
42.0%
43.2%
18-SEP
25-SEP
2-OCT
9-OCT
35 14-AUG
4-SEP
11-SEP
THIS YEAR
45.1%
45.4% 41.4% 16-OCT
23-OCT
30-OCT
LAST YEAR
NEWPORT BEACH HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF OCTOBER 03-OCTOBER 30, 2021)
DAILY OCCUPANCY RATE (%)
90.0%
78.9% 72.2% 64.3% 62.0% 60.2%
80.0% 70.0% 60.0%
72.6% 61.2% 66.7% 61.0% 57.0% 55.5%
49.4% 43.0%
50.0%
71.7% 72.4%
48.8% 44.9%
48.2%
44.5%
61.9% 57.6% 60.4% 58.3% 59.6%
61.9% 63.4% 56.3% 58.0%
40.0% 30.0% 20.0% 10.0% 0.0%
OCT 3-9, 2021
OCT 10-16, 2021 SUN
MON
TUE
OCT 17-23, 2021 WED
THU
FRI
OCT 24-30, 2021
SAT
NEWPORT BEACH HOTELS AVERAGE MONTHLY OCCUPANCY RATE MONTHLY AVERAGE DAILY RATE ($)
(YEAR-OVER-YEAR COMPARISON FOR 2021, 2020 & 2019)
100.0% 80.0% 60.0% 40.0%
69.1% 68.6% 22.7%
79.8%
75.5%
74.9% 29.6%
20.0% 0.0%
78.7%
38.5%
47.7%
30.0%
71.8% 52.6%
27.6%
81.2% 62.6%
37.3%
85.9% 71.6%
38.2%
81.8%
76.2%
61.7%
58.1%
44.2%
43.9%
78.7% 67.6%
45.2%
34.3%
67.3%
25.0%
13.5% JAN
FEB
MAR
APR
2021 SOURCE: OCTOBER 30, 2021, STR.COM
MAY
JUN
2020
JUL
2019
AUG
SEP
OCT
NOV
DEC
NOVEMBER 5, 2021 WEEKLY REPORT
NEWPORT BEACH & COMPANY COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS AVERAGE WEEKLY RATE (WEEKS OF AUGUST 14-OCTOBER 30, 2021)
$435
$425.71 $386.92 $395.56
$385
$372.72
$355.61 $322.46
$335 $285
$292.04
$307.08
$326.64
$325.73 $319.09 $294.85
$235 14-AUG 21-AUG 28-AUG
4-SEP
$284.38 $283.21
11-SEP
18-SEP
$328.07
$295.54 $297.59
25-SEP
THIS YEAR
$317.04 $312.21 $304.17
2-OCT
9-OCT
$312.85
$262.15 $299.55 $276.45
16-OCT 23-OCT 30-OCT
LAST YEAR
NEWPORT BEACH HOTELS AVERAGE DAILY HOTEL RATE $354 $375 $370 $400 $337 $312 $339 $324 $325 $324 $350 $283 $297 $327 $307 $300 $317$322 $263 $307 $298 $323 $312 $282 $304 $304 $296 $282 $280 $288 $300 $272 $254 $262 $270 $278 $254 $262 $250 $200 $150 $100 $50 $0 9/ 26 9/ /21 27 2 / 9/ 212 28 9/ /2 29 1 9/ /2 30 1 10 /21 /1 10 /21 /2 10 /21 /3 10 /2 /4 1 10 /21 /5 10 /21 /6 10 /21 /7 10 /21 /8 10 /21 / 10 9/2 /1 1 0 10 /2 /1 1 10 1/2 /1 1 10 2/2 /1 1 10 3/2 /1 1 10 4/2 /1 1 10 5/2 /1 1 10 6/2 /1 1 10 7/2 /1 1 10 8/2 /1 1 10 9/ /2 21 10 0/2 /2 1 10 1/2 /2 1 10 2/2 /2 1 10 3/ /2 21 10 4/2 /2 1 10 5/2 /2 1 10 6/2 /2 1 10 7/2 /2 1 10 8/2 /2 1 10 9/ /3 21 0/ 21
AVERAGE DAILY RATE ($)
(SEPTEMBER 26 – OCTOBER 30, 2021)
NEWPORT BEACH HOTELS COMPETITIVE SET OF CITIES FOR SEPTEMBER 2021
SOURCE: OCTOBER 30, 2021, STR.COM
$167
SP R PA LM
YL Y EV ER B
IN G S
S H IL L
A RA B
E VI N
AVERAGE DAILY RATE ($)
$639
OCCUPANCY RATE (%)
66%
$178
$336 M O N IC A
$360
52%
61%
SA N TA
$269
52%
A N A H EI M
$154
IR
PO IN T D A N A
D IE G O SA N
76%
BA R
$451
69%
A
$178
67%
JO LL
$243
H U N TI N G TO N
BE A C H T PO R N EW
59%
…
$338
65%
SA N TA
58%
67%
LA
$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%
NOVEMBER 5, 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
% CHANGE IN WEEKLY SEATED DINERS
9/ 30 /2 1 10 /1 /2 10 1 /2 /2 10 1 /3 /2 10 1 /4 /2 1 10 /5 /2 10 1 /6 /2 10 1 /7 /2 10 1 /8 /2 10 1 /9 /2 10 1 /1 0/ 10 21 /1 1/ 10 21 /1 2/ 10 21 /1 3/ 10 21 /1 4/ 10 21 /1 5/ 10 21 /1 6/ 10 21 /1 7/ 10 21 /1 8/ 10 21 /1 9/ 10 21 /2 0/ 21 10 /2 1/ 10 21 /2 2/ 10 21 /2 3/ 10 21 /2 4/ 21 10 /2 5/ 10 21 /2 6/ 10 21 /2 7/ 21
(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%
79%
78%
79%
79%
75%
76%
SEP 22
SEP 29
75% 65%
71%
72%
SEP 8
SEP 15
79%
80%
81%
81%
78%
79%
80%
81%
OCT 6
OCT 13
OCT 20
OCT 27
55% 45%
CALIFORNIA
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
897,873
827,140
891,492
783,737
495,592 385,396
500,000 300,000
831,522
859,174
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
NOVEMBER 5, 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%
8.7%
9.3% 9.0% 8.5% 8.3% 8.0% 7.7% 7.6% 7.6% 7.5% 7.5% 7.4% 7.3% 6.5% 6.4% 6.7% 6.6% 6.2% 6.3% 5.8% 6.0% 5.0%
NOV 2020
DEC 2020
JAN 2021
FEB 2021
MAR 2021
APR 2021
CALIFORNIA
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
ORANGE COUNTY
2020-2021 ORANGE COUNTY MONTHLY NUMBER OF LEISURE & HOSPITALITY EMPLOYEES PERCENT CHANGE (CALIFORNIA vs. ORANGE COUNTY)
YOY PERCENT CHANGE (%)
OCT 2020
NOV 2020
DEC 2020
JAN 2021
FEB 2021
MAR 2021
APR 2021
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
80.0% 62.6% 47.8% 46.5% 60.0% 43.5% 39.1% 38.0% 37.5% 27.7% 24.8% 24.8% 40.0% 27.3% 20.2% 20.0% 0.0% -20.0% -24.0% -33.9% -29.1% -40.0% -25.4% -30.2% -34.0% -31.4% -38.6% -32.3% -60.0% -35.4% -38.8% -41.6% CALIFORNIA ORANGE COUNTY
SOURCE: U.S. BUREAU OF LABOR STATISTICS
U.S. AUTOMOBILE SALES BY MONTH
# OF AUTOMOBILES SOLD (MILLIONS)
(AUGUST 2020 – SEPTEMBER 2021 vs. PRIOR YEAR) 2.0 1.5
1.4
1.3 1.3
1.4
1.2
1.5
1.5 1.5
1.2
1.2 1.3
1.4
1.5
1.5
1.1
0.9
1.0
1.5
1.3 1.2
1.2 1.3
1.1
1.4
1.3 1.1
0.5
0.5
1.3 0.6
0.0 SEP 2020
OCT 2020
NOV 2020
DEC 2020
JAN 2021
FEB 2021
MAR 2021
THIS YEAR
APR 2021
MAY 2021
JUN 2021
JUL 2021
AUG 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
SEP 2021
OCT 2021