NEWPORT BEACH COVID-19 ECONOMIC RECOVERY DASHBOARD: June 3, 2021

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JUNE 3, 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

(MAY 23-29, 2021)

OPEN HOTELS (ONLY OPEN HOTELS)

54.9%

(APRIL 2021)

6.2%

(MAY 23-29, 2021)

(APRIL 2021)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE

ORANGE COUNTY MONTHLY # OF HOSPITALITY & TOURISM EMPLOYEES % CHANGE

ALL HOTELS (OPEN & CLOSED HOTELS)

51.9%

27.1%

(MAY 23-29, 2021)

NEWPORT BEACH HOTELS WEEKLY OCCUPANCY RATE % CHANGE OPEN HOTELS

+48.0%

(APRIL 2021 vs. APRIL 2020)

NEWPORT BEACH REAL ESTATE (FEBRUARY 2021)

(MAY 23-29) 2021 vs. 2020

NEWPORT BEACH HOTELS WEEKLY AVERAGE RATE

$296.87

NEWPORT BEACH REAL ESTATE MONTHLY # OF LISTINGS % CHANGE

-33.2%

(FEBRUARY 2021 vs. FEBRUARY 2020)

(MAY 23-29, 2021)

CLOSED HOTELS:

# OF HOTEL ROOMS OPEN FOR BOOKING:

FASHION ISLAND HOTEL

# OF HOTEL ROOMS CLOSED:

3,056 295

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

# OF AUTOMOBILES SOLD YOY % CHANGE

+133%

(APRIL 2021 vs. APRIL 2020)

JOHN WAYNE AIRPORT (SNA) (MARCH 2021)

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 MAY 26-JUNE 2, 2021) YOY % CHANGE IN # OF DINERS CALIFORNIA LOS ANGELES

-2.9%

-33.5%

(WEEK OF MAY 26-JUNE 2) 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 MAY 26-JUNE 2, 2021)

-36%

73%

65%


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