NEWPORT BEACH COVID-19 ECONOMIC RECOVERY DASHBOARD: MARCH 2, 2022

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MARCH 02, 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

ORANGE COUNTY MONTHLY UNEMPLOYMENT RATE

(FEBRUARY 13 – 19, 2022)

OPEN HOTELS (ONLY OPEN HOTELS)

56.6%

(DECEMBER 2021)

4.1%

(FEBRUARY 20 – 26, 2022)

(DECEMBER 2021)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE

ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE

ALL HOTELS (OPEN & CLOSED HOTELS)

53.5%

+42.8%

(FEBRUARY 20 – 26, 2022)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS

+83.5%

(DECEMBER 2021 vs. DECEMBER 2020)

JOHN WAYNE AIRPORT (SNA) (DECEMBER 2021 vs. DECEMBER 2019)

(FEBRUARY 20 – 26, 2022) 2021 vs. 2020

ORANGE COUNTY/JOHN WAYNE AIRPORT

NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE

$312.27

MONTHLY # OF NOTE: COMPARING LASTPASSENGERS GOOD YEAR (2019) WITH CURRENT YEAR (2021) DEC 2019 DEC 2021

891,492

(FEBRUARY 20 – 26, 2022)

847,671

NOTE: COMPARING LAST GOOD YEAR (2019) WITH CURRENT YEAR (2021)

CLOSED HOTELS: FASHION ISLAND HOTEL

# OF HOTEL ROOMS OPEN FOR BOOKING:

3,056 # OF HOTEL ROOMS CLOSED:

295

CALIFORNIA & LA RESTAURANTS (WEEK OF WEEK OF FEBRUARY 23 – MARCH 1, 2022)

YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES

-2.32% U.S. TOTAL AUTOMOBILE SALES (FEBRUARY 2021 vs. FEBRUARY 2022) U.S. MARKET AUTO SALES BY MONTH FEB 2021 FEB 2022

1,256,529

545,124

-17.85%

(WEEK OF FEBRUARY 23 – MARCH 1, 2022) 2021 vs. 2020

% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES

91%

90%

(WEEK OF FEBRUARY 23 – MARCH 1, 2022)


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