NEWPORT BEACH COVID-19 ECONOMIC RECOVERY DASHBOARD: DECEMBER 29, 2021

Page 1

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
NEWPORT BEACH COVID-19 ECONOMIC RECOVERY DASHBOARD: DECEMBER 29, 2021 by Visit Newport Beach - Issuu