AUGUST 5, 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 26-AUG 1, 2020)
ALL HOTELS (OPEN & CLOSED)
(JUNE 2020)
13.7%
42.0%
(JUNE 2020)
(JULY 26-AUGUST 1, 2020)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE OPEN HOTELS (ONLY OPEN HOTELS)
37.9%
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
-28.1%
(JULY 26-AUGUST 1, 2020)
(JUNE 2020 vs. JUNE 2019)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE ALL HOTELS
NEWPORT BEACH REAL ESTATE
-52.7%
(JUNE 2020)
(JULY 26-AUGUST 1) 2020 vs. 2019
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$288.76
(JULY 26-AUGUST 1, 2020) CLOSED HOTELS: RENAISSANCE HOTEL NEWPORT BEACH FASHION ISLAND HOTEL
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,582
# OF HOTEL ROOMS CLOSED:
NEWPORT BEACH REAL ESTATE MONTHLY # OF LISTINGS % CHANGE
-26.4%
(JUNE 2020 vs. JUNE 2019)
NEWPORT BEACH REAL ESTATE MONTHLY AVERAGE LIST PRICE
$3.6 MILLION (JUNE 2020)
737
HOTEL NOTES:
NEWPORT DUNES WATERFRONT RESORT AND SOME SMALL INNS & B&Bs, ARE NOT INCLUDED IN STR’S WEEKLY HOTEL REPORTS—ONLY MONTHLY REPORTS. NEWPORT BEACH & COMPANY IS WORKING ON SOLUTIONS TO ADD UNREPORTED HOTELS TO PROVIDE EVEN MORE PRECISE METRICS.
JOHN WAYNE AIRPORT (SNA) (JUNE 2020)
CALIFORNIA & LA RESTAURANTS
(WEEK OF JULY 29-AUGUST 4, 2020) YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-65.1%
-84.5%
(WEEK OF JULY 29-AUGUST 4) 2020 vs. 2019
ORANGE COUNTY/ JOHN WAYNE AIRPORT MONTHLY # OF PASSENGERS % CHANGE
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
(JUNE 2020 vs. JUNE 2019)
(WEEK OF JULY 29-AUGUST 4, 2020)
-80.2%
52%
30%