NEWPORT BEACH COVID-19 ECONOMIC RECOVERY DASHBOARD: May 5, 2021

Page 1

MAY 5, 2021 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

(APRIL 25-MAY 1, 2021)

OPEN HOTELS (ONLY OPEN HOTELS)

44.4%

(MARCH 2021)

6.4%

(APRIL 25-MAY 1, 2021)

(MARCH 2021)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE

ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE

ALL HOTELS (OPEN & CLOSED HOTELS)

42.0%

-32.3%

(APRIL 25-MAY 1, 2021)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS

+159.7%

(MARCH 2021 vs. MARCH 2020)

NEWPORT BEACH REAL ESTATE (FEBRUARY 2021)

(APRIL 25-MAY 1) 2021 vs. 2020

NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE

$267.51

(APRIL 25-MAY 1, 2021)

CLOSED HOTELS:

# OF HOTEL ROOMS OPEN FOR BOOKING:

FASHION ISLAND HOTEL

# OF HOTEL ROOMS CLOSED:

3,056 295

U.S. AUTOMOBILE SALES (MARCH 2021 vs. 2020)

# OF AUTOMOBILES SOLD YOY % CHANGE

+160%

(MARCH 2021 vs. MARCH 2020)

JOHN WAYNE AIRPORT (SNA) (MARCH 2021)

NEWPORT BEACH REAL ESTATE MONTHLY # OF LISTINGS % CHANGE

-33.2%

(FEBRUARY 2021 vs. FEBRUARY 2020)

U.S. VISA SPENDING IN NEWPORT BEACH (3RD QUARTER 2020 VS. 2019)

DOMESTIC U.S. CREDIT CARD SPENDING IN NEWPORT BEACH

-15.6%

(3RD QUARTER 2020 VS. 2019)

CALIFORNIA & LA RESTAURANTS (WEEK OF APRIL 28-MAY 5, 2021) YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES

-17.5%

-43.9%

(WEEK OF APRIL 28-MAY 5) 2021 vs. 2020

ORANGE COUNTY/ JOHN WAYNE AIRPORT MONTHLY # OF PASSENGERS YOY % CHANGE

% OF RESTAURANTS OPEN CALIFORNIA LOS ANGELES

(MARCH 2021 vs. MARCH 2020)

(WEEK OF APRIL 28-MAY 5, 2021)

-36%

72%

62%


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.