JULY 20, 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
(JULY 5-11, 2020)
OPEN HOTELS ONLY (ONLY OPEN HOTELS)
30.6%
ALL HOTELS (OPEN & CLOSED)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE
-58.1%
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE (MAY 2020 vs. MAY 2019)
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$334.85
NEWPORT BEACH REAL ESTATE (JUNE 2020)
(JULY 5-11, 2020)
NEWPORT BEACH HOTELS WEEKLY # OF ROOMS AVAILABLE FOR SALE % CHANGE
-9.7%
NEWPORT BEACH REAL ESTATE MONTHLY # OF LISTINGS % CHANGE
-26.4%
(JUNE 2020 vs. JUNE 2019)
(JULY 5-11) 2020 vs. 2019
NEWPORT BEACH REAL ESTATE MONTHLY AVERAGE LIST PRICE
# OF HOTEL ROOMS OPEN FOR BOOKING:
FASHION ISLAND HOTEL
(MAY 2020)
-44.1%
(JULY 5-11) 2020 vs. 2019
RENAISSANCE HOTEL NEWPORT BEACH
14.5%
34.0%
(JULY 5-11, 2020)
CLOSED HOTELS:
(MAY 2020)
$3.6 MILLION (JUNE 2020)
2,582
# OF HOTEL ROOMS CLOSED:
737
ORANGE COUNTY/ JOHN WAYNE AIRPORT (MAY 2020)
CALIFORNIA & LA RESTAURANTS (WEEK OF JULY 9-15, 2020)
YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-72.0%
-88.5%
(WEEK OF JULY 9-15) 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 JULY 9-15, 2020)
-91%
49%
27%