SEPTEMBER 2, 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
(AUGUST 23-29, 2020)
OPEN HOTELS (ONLY OPEN HOTELS)
42.5%
(JUNE/JULY 2020)
12.3%
(AUGUST 23-29, 2020)
(JULY 2020)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE
ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE
ALL HOTELS (OPEN & CLOSED HOTELS)
33.1%
-28.1%
(AUGUST 23-29, 2020)
NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS
-44.1%
NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE
$332.09
(AUGUST 23-29, 2020)
FASHION ISLAND HOTEL
NEWPORT BEACH REAL ESTATE (JULY 2020)
(AUGUST 23-29) 2020 vs. 2019
CLOSED HOTELS: RENAISSANCE HOTEL NEWPORT BEACH
(JUNE 2020 vs. JUNE 2019)
# OF HOTEL ROOMS OPEN FOR BOOKING:
2,612
# OF HOTEL ROOMS CLOSED:
739
NEWPORT BEACH REAL ESTATE MONTHLY # OF LISTINGS % CHANGE
-20.8%
(JULY 2020 vs. JULY 2019)
INT’L VISA SPENDING IN NEWPORT BEACH (2ND QUARTER 2020 VS. 2019)
INTERNATIONAL CREDIT CARD SPENDING IN NEWPORT BEACH
-79.9%
(2ND QUARTER 2020 VS. 2019)
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) (JULY 2020)
CALIFORNIA & LA RESTAURANTS (WEEK OF AUG 26 - SEP 1, 2020) YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES
-55.2%
-74.1%
(WEEK OF AUG 26 – SEP 1) 2020 vs. 2019
ORANGE COUNTY/ JOHN WAYNE AIRPORT MONTHLY # OF PASSENGERS % CHANGE
% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES
(JULY 2020 vs. JULY 2019)
(WEEK OF AUG 26 – SEP 1, 2020)
-74.7%
60%
41%