JUNE 22, 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
(JUNE 12-18, 2022)
(APRIL 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
(JUNE 12-18, 2022)
61.4%
ALL HOTELS (OPEN & CLOSED HOTELS)
58.1%
(APRIL 2022)
2.7%
+25.6%
(JUNE 12-18, 2022)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
-6.9%
JOHN WAYNE AIRPORT (SNA) (APRIL 2022 vs. APRIL 2021)
(JUNE 12-18, 2022) 2022 vs. 2021
ORANGE COUNTY/JOHN WAYNE AIRPORT
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$386.18
(JUNE 12-18, 2022)
MONTHLY # OF PASSENGERS NOTE: COMPARING LAST GOOD YEAR (2019) WITH CURRENT YEAR (2021) APR 2021 APR 2022
495,592
958,826
NOTE: COMPARING LAST GOOD YEAR (2019) WITH CURRENT YEAR (2021)
CLOSED HOTELS:
# OF HOTEL ROOMS OPEN FOR BOOKING:
PENDRY NEWPORT BEACH
# OF HOTEL ROOMS CLOSED:
3,056 295
U.S. TOTAL AUTOMOBILE SALES (MAY 2021 vs. MAY 2022)
U.S. MARKET AUTO SALES BY MONTH MAY 2021 MAY 2022
1,502,642
(MAY 2022 vs. MAY 2021)
586,025
CALIFORNIA & LA RESTAURANTS (WEEK OF JUNE 15 - 21, 2022)
YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
8.82%
-11.45%
(WEEK OF JUNE 15 - 21, 2022) 2021 vs. 2020
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
89%
84%
(WEEK OF JUNE 9 - 15, 2022)
JUNE 22, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE WEEKLY OCCUPANCY RATE (%)
(2022 vs. 2021)
75 70 65 60 55 50 45 40 35
59.1 %
54.3 %
62.3 %
61.7 %
60.8 %
61.0 %
60.2 %
9-APR
67.1 %
66.0%
61.1 %
61.4 %
11-JUN
18-JUN
65.2 % 58.4 %
55.1 %
53.3 %
55.0 %
58.3 % 56.9 %
50.2 % 42.7 %
2-APR
65.3 %
44.5 %
44.4 %
45.3 %
16-APR 23-APR 30-APR 7-MAY 14-MAY 21-MAY 28-MAY 4-JUN THIS YEAR
LAST YEAR
NEWPORT BEACH HOTELS DAILY OCCUPANCY RATE BY DAY OF WEEK (WEEKS OF MAY 22 – JUNE 18, 2022)
DAILY OCCUPANCY RATE (%)
90.0%
72.0% 73.2% 66.4% 71.4% 67.4% 68.2% 71.4% 64.5% 67.2% 54.4% 61.1% 53.1% 45.9%
79.6% 61.5% 55.5% 70.0% 62.4% 55.5% 60.0% 46.7% 47.4% 50.0%
80.0%
70.9% 62.0% 64.1% 62.4% 62.3% 56.9%
51.1%
42.2%
40.0% 30.0% 20.0% 10.0% 0.0% MAY 22-28, 2022
MAY 29 - JUN 4, 2022 SUN
MON
TUE
WED
JUN 5-11, 2022 THU
FRI
JUN 12-18, 2022
SAT
NEWPORT BEACH HOTELS AVERAGE MONTHLY OCCUPANCY RATE (YEAR-OVER-YEAR COMPARISON FOR 2022, 2021 & 2020)
MONTHLY AVERAGE DAILY RATE ($)
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: JUNE 22, 2022, STR.COM: MONTHLY DATA THROUGH APRIL 2022
38.2%
JUL 2020
AUG
SEP
OCT
34.3% NOV
25.0% DEC
JUNE 22, 2022 WEEKLY REPORT
NEWPORT BEACH & COMPANY
COVID-19 ECONOMIC RECOVERY DASHBOARD
HOTEL PERFORMANCE
NEWPORT BEACH HOTELS AVERAGE WEEKLY RATE AVERAGE WEEKLY RATE ($)
(WEEKS OF APRIL 2, 2022 – JUNE 18, 2022)
420 400 380 360 340 320 300 280 260 240
$372.78 $367.87 $333.92 $339.28 $329.60 $306.73 $307.90
$331.17 $326.39
$318.76
$342.67 $348.05
$324.45
$316.96 $287.13 $290.00
2-APR
$386.18
$267.72
$284.94
$296.71 $303.06 $294.85
$276.42 $280.88
9-APR 16-APR 23-APR 30-APR 7-MAY 14-MAY 21-MAY 28-MAY 4-JUN THIS YEAR
11-JUN 18-JUN
LAST YEAR
NEWPORT BEACH HOTELS AVERAGE DAILY HOTEL RATE (MAY 22 – JUNE 18, 2022) [
$436 $410 $436 $427 $397 $384 $378 $392$371 $390$369 $390$373 $410 $389 $340$378$406 $360$397$420 $358$368 $378 $326 $363 $304 $348 $362 $365$329$330$331 $329 $330$331$356 $359$340 $315 $326$304 $301 $306 $306$308 $322 $299$310$314$316 $292$301$304 $292 $293
$400 $300 $200 $100 $0
55/ 2/82 / 55/ 22 2/93 / 5/ 22 2104 / 55/ 22 /21 51/ 5/ 22 2126 / 5/ 22 2137 / 5/ 22 2148 / 5/ 22 2159 / 55/ 22 /31 06/ 5/ 22 3171 / 5/6 22 1/81 / 56/ 22 1/92 / 5/6 22 2/03 / 56/ 22 /24 1/ 5/6 22 2/25 / 56/ 22 2/36 / 5/6 22 2/47 / 56/ 22 2/58 / 56/ 22 2/69 / 56/ 22 2107 / 56/ 22 /21 81/ 56/ 22 /21 92/ 56/ 22 /31 03/ 65/ 22 3141 / 66/ 22 1/51 / 66/ 22 /126 / 66/ 22 /137 / 66/ 22 /148 /2 2
AVERAGE DAILY RATE ($)
$500
NEWPORT BEACH HOTELS COMPETITIVE SET OF CITIES FOR FEBRUARY 2022 $800
73%
74%
$265
$203
60%
$600
60%
66%
71%
74%
72%
$416
$178
$285
$331
61%
72%
78%
$213
$411
AVERAGE DAILY RATE ($)
N IC A SA
N TA
M O
H EI M A N A
IN G S P
ER EV B
A LM
LY
SP
R
H IL L
BA A R B
OCCUPANCY RATE (%)
SOURCE: JUNE 22, 2022, STR.COM: MONTHLY DATA THROUGH MAY 2022
$221
S
$748
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 …
$342
$0
SA
$200
IN E
$400
OCCUPANCY RATE (%)
MONTHLY AVERAGE HOTEL RATE ($)
(AVERAGE MONTHLY HOTEL RATE & MONTHLY OCCUPANCY RATE FOR MAY 2022)
100% 80% 60% 40% 20% 0%
JUNE 22, 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 8/ 5/ 22 29 / 5/ 22 30 / 5/ 22 31 / 6/ 22 1/ 2 6/ 2 2/ 2 6/ 2 3/ 2 6/ 2 4/ 2 6/ 2 5/ 2 6/ 2 6/ 2 6/ 2 7/ 2 6/ 2 8/ 2 6/ 2 9/ 2 6/ 2 10 / 6/ 22 11 / 6/ 22 12 / 6/ 22 13 / 6/ 22 14 / 6/ 22 15 / 6/ 22 16 / 6/ 22 17 / 6/ 22 18 / 6/ 22 19 / 6/ 22 20 / 6/ 22 21 /2 2
5/ 2
% 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 92%
PERCENT (%) OF RESTAURANTS OPEN FOR RESERVATIONS PER WEEK
95% 85%
89%
75%
88%
91%
85%
87%
MAY 11
MAY 18
87%
86%
89%
84%
85%
83%
84%
MAY 25
JUN 1
JUN 8
JUN 15
86%
65% 55% 45% 35%
MAY 4
CALIFORNIA
LOS ANGELES
ORANGE COUNTY/JOHN WAYNE AIRPORT (SNA) MONTHLY PASSENGER TRAFFIC (2022, 2021 & 2020)
MONTHLY PASSENGER TRAFFIC
1,200,000 1,000,000 800,000
806,386 764,506
730,144
890,185
831,522
783,737
873,422 854,393 847,671
585,735
717,400 385,396
400,000
-
958,826
495,592
600,000
200,000
916,767
360,402 337,981 195,290 227,402 JAN
FEB
MAR
25,313 APR
82,342
MAY 2022
181,486
JUN 2021
274,813 239,120 266,986
JUL AUG 2020
SOURCE: OPENTABLE AND SNA/JWA AIRPORT : MONTHLY DATA THROUG APRIL 2022
SEP
307,865
OCT
277,020 231,033
NOV
DEC
JUNE 22, 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%
8.0% 7.7% 7.6% 7.6% 7.0% 6.5% 5.3% 6.4% 6.1% 6.2% 5.8% 5.8% 5.7% 6.3% 6.0% 5.8% 5.0% 4.6% 4.7% 4.3% 4.1% 4.2% 3.7% 4.9% 3.7% 3.1% 2.7%
APR 2021
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
OCT 2021
CALIFORNIA
NOV 2021
DEC 2021
JAN 2022
FEB 2022
MAR 2022
APR 2022
MAY 2022
ORANGE COUNTY
2020-2021 ORANGE COUNTY MONTHLY NUMBER OF LEISURE & HOSPITALITY EMPLOYEES PERCENT CHANGE YOY PERCENT CHANGE (%)
(CALIFORNIA vs. ORANGE COUNTY)
MAY 2021
JUN 2021
JUL 2021
AUG 2021
SEP 2021
OCT 2021
NOV 2021
DEC 2021
JAN 2022
FEB 2022
MAR 2022
APR 2022
MAY 2022
62.6% 59.2% 70.0% 45.6% 47.8% 60.0% 41.1% 46.5% 38.7% 39.1% 38.8% 43.5% 50.0% 37.5% 35.6% 32.2% 28.4% 33.4% 31.7% 20.2% 24.8% 30.5% 23.4% 25.6% 30.4% 40.0% 21.4% 24.6% 17.9% 22.8% 30.0% 20.0% 10.0% 0.0% CALIFORNIA
ORANGE COUNTY
SOURCE: U.S. BUREAU OF LABOR STATISTICS : MONTHLY DATA THROUGH MAY
U.S. AUTOMOBILE SALES BY MONTH
# OF AUTOMOBILES SOLD (MILLIONS)
(DECEMBER 2020 – DECEMBER 2021 VS. PRIOR YEAR) 2 1.5
1.3 1.2
1.1
1.3
1.3 1.1
1
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 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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