JULY 8, 2020 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
(JUNE 21-27, 2020)
OPEN HOTELS ONLY (ONLY OPEN HOTELS)
42.1%
ALL HOTELS (OPEN & CLOSED)
(JUN 21-27, 2020)
-48.8%
$286.73
(JUN 21-27, 2020)
NEWPORT BEACH HOTELS WEEKLY # OF ROOMS AVAILABLE FOR SALE % CHANGE
-19.9%
NEWPORT BEACH REAL ESTATE (MAY 2020)
NEWPORT BEACH REAL ESTATE MONTHLY # OF LISTINGS % CHANGE
-29.2%
(MAY 2020 vs. MAY 2019)
(JUN 21-27) 2020 vs. 2019
HYATT REGENCY JOHN WAYNE AIRPORT
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE (MAY 2020 vs. MAY 2019)
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
FASHION ISLAND HOTEL
(MAY 2020)
-44.1%
(JUN 21-27) 2020 vs. 2019
CLOSED HOTELS:
14.5%
33.7%
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE
RENAISSANCE HOTEL NEWPORT BEACH
(MAY 2020)
NEWPORT BEACH REAL ESTATE MONTHLY AVERAGE LIST PRICE
HOTEL ROOMS AVAILABLE:
$3.5 MILLION (MAY 2020)
2,239
HOTEL ROOMS CLOSED:
1,082
ORANGE COUNTY/ JOHN WAYNE AIRPORT (MAY 2020)
CALIFORNIA & LA RESTAURANTS
(WEEK OF JUNE 24-30, 2020) YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-72%
-89%
(WEEK OF JUNE 24-30) 2020 vs. 2019
ORANGE COUNTY/ JOHN WAYNE AIRPORT MONTHLY # OF PASSENGERS % CHANGE
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
(MAY 2020 vs. MAY 2019)
(WEEK OF JUNE 24-30, 2020)
-91%
54%
29%