HomeMy WebLinkAbout13 - Newport Beach & Company, Visit Newport Beach and the Tourism BID Annual Reporting - PowerPoint;
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DEBBIE SNAVELY
CHAIRPERSON
GENERAL MANAGER
EXECUTIVE COMMITTEE & BOARD OF DIRECTORS
EXECUTIVE COMMITTEE
Chair: Debbie Snavely
Newport Beach Marriott Hotel & Spa
Vice Chair: Homer Bludau
Former City Manager, Newport Beach
Treasurer: Candace Bisconte
ACCESS Destination Services
Secretary: Linda M. Beimfohr
Hornblower Cruises & Events
Sam El-Rabaa
Balboa Bay Resort
Russ Kline
American Express
Doug Wood
Newport Beach City Appointee
BOARD OF DIRECTORS
Joe Adams
Discovery Cube/OceanQuest
David Beek
Island Marine Fuel
Adam Beer
Lido House
Tom Clearwater
Hyatt Regency John Wayne Airport,
Newport Beach
Charles Cho
Newport Beach Marriott Bayview
Steve Pufpaf
Renaissance Hotel Newport Beach
Tom Donovan
The Resort at Pelican Hill
Rush Hill
NRM Real Estate
Dennis Kuhl
Los Angeles Angels of Anaheim
Chief Jon Lewis
Newport Beach Police Department
Dan Matusiewicz
City of Newport Beach
Sid Ramani
Hyatt Regency Newport Beach
Steve Rosansky
The Chamber Newport Beach
Alejandro Santander
Newport Dunes Waterfront Resort
Ron Schwartz
Muldoon's Irish Pub
Gregg Schwenk
Newport Beach Film Festival
Joe Stapleton
Spinnaker Investment Croup
Tanya Thomas
Fashion Island
Gerard Widder
Fashion Island Hotel Newport Beach
CIVIC & CORPORATE GOVERNANCE & OVERSIGHT
EXECUTIVE COMMITTEE
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REGENCY REGENCY
NEWPORT BEACH NEWPORT
WAYNE AIRPORT
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N E W PORTSEAC4i PELICAN HILL RENAISSANCE` INVESTMENT GROL PASSaCIATES INC4L EWPpRT BEACH
NEW F O k'fU E A L H NEWPORT BEACH HOTEL
GARY SHERWIN
PRESIDENT AND CEO
NEWPORT BEACH & COMPANY
386M
VISITOR TRIPS
*2.7% OVER 2017
oJf1
s140.6B
VISITOR SPENDING
t5.4% OVER 2017
sll,,8B
STATE &
LOCAL TAKES
YOY AVERAGE DAILY HOTEL ROOM RATE INCREASE IN 296* YTD
CALIFORNIA (MAY 2019)
YOY HOTEL OCCUPANCY
IN CALIFORNIA (MAY 2019)
YOY OVERSEAS VISITORS
I N CALI FOR N IA (MAY 2019)
O,ol *YTD
7.4 *YTD
9
$1.2M
TOURISM
EMPLOYMENT
INTERNATIONAL TRAVEL PATTERNS CA TOURISM
TOP INTERNATIONAL VISITOR MARKETS % CHANGE (YEAR-TO-DATE)
DECLINING INTERNATIONAL VISITOR MARKETS % CHANGE (YEAR-TO-DATE)
Source: Visit Colifornio, Tourism Economics
NEWPORT BEACH &ORANGE COUNTY HOTEL ROOM RATES
Km
► ll rll
2001
�
160
a
120
D
y..,
0 0
41 $263.24 $264.01
$252.13
$236.75 $243.55
$227.34
S $211.51
$195.69
$179.99
$163.54 $163.47 $162.05
� $156.74 $157.43
$130.99 $138.86
$147.73 $150.82
$116.66 $124.45
2010 2011 2012
2013 2014 2015 2016 2017 2018 2019
NEWPORT BEACH HOTEL OCCUPANCY AND AVERAGE DAILY RATE
Year
260
250
240
230
220
210
200
cov
190
'' 180
wa 170
L
160
150
140
130
120
110
100
90
2010 2011 2012 2013 2014 2015 2016 2017 2018
100
-95
-90
-85
-80
-75,
-70
V
V
Au
-65
m
-55 MEASURE
■ ADR
50 ■ OCC
-45
TBID
a
TOT
n�fl
COMPETITIVE ANALYSIS TOT & TBID RATES
ANAHEIM HUNTINGTON
BEACH
LAGUNA NEWPORT
BEACH BEACH
BEVERLY SANTA
HILLS MONICA
WEST REDONDO LONG BEACH PASADENA
HOLLYWOOD BEACH
SANTA MONTEREY SAN NAPA SONOMA SAN DIEGO OCEANSIDE CARLSBAD SAN CLEMENTE
BARBARA FRANCISCO
Source: Ci�itos
*j:a ■:
To keep Newport Beach government services flowing
at the same levels, it would cost every Newport
Beach household an additional...
To keep the Newport Beach economy churning at the
same levels, it would cost every Newport Beach
household an additional...
$1,139
$43,922
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0
96, 000 111,501
ANNUAL ROOM NIGHT GOAL
219(52%)
NEW BUSINESS
rl
L
202(48%)
REPEAT BUSINESS
ROOM NIGHT ACTUALS
421 264
TOTAL AVERAGE TOTAL
BOOKINGS ROOMS
81 $205.00
AVERAGE (2%T)
PEAK AVERAGE RATE
ROOMS
VISIT NEWPORT BEACH ROOM -NIGHT PRODUCTION
j Goal j Actual
56,919
7
M000 79,375
89,062
84,520
90,318
FY2 014 FY2 015 FY2 01 6 FY2 017 FY2 01 H FY2 019
7009-2010
7010-2011
2011-2012
2012-2013
2013-2014
2014-2015
2015-2016
2016-2017
2017-2018
2018-2019
10 YEARS OF TBID SUCCESS
INCOME
$1,198,000
$1,306,000
$1,568,000
$1,703,000
$2,226,000
$3,728,000
$3,947,000
$4,049,000
$3,961,000
$4,421,000
BOOKED ROOM
N IGHTS
11,823
13,031
28,901
30,418
57,789
78,105
87,436
90,318
111,305
ESTIMATED HOTEL
REVENUE
$2,866,000
$3,240,000
$6,770,000
' $67530,000
$12,808,000
$17,958,000
$22,260,000
$2172022000
$25,745,000
$29,179,000
TOTAL $2811071000 597,716 $14815589000
1,386%
RETURN ON INVESTMENT
TOTAL ECONOMIC
IMPACT
$7,892,000
$7,057,000
$14,665,000
$15,3201000
$36,819,000
$50,715,000
$56,604,000
$561395,000
$62,948,000
$81,1439000
$38915587000
NEWPORT
IML
NEWPORT
L
i
WEAT
N
T I T- %fA%
t I
a
A's -0
VISIT
e ort
.0
E A C HINC.
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Aw
YEAR
INCREMENTAL
INCREMENTAL
INCREMENTAL
TRIPS
ROOM NIGHTS
ECONOMIC
IMPACT
2014-2015
371400
561300
$2115001000
2015-2016
1147600
711500
$8275001000
2016-2017
611100
981100
$36,9007000
2017-2018
877600
1257800
$3975007000
2018-2019*
457900
377000
$2071007000
TOTAL
3467600
389,000
$20015001000
8 2 8 %
RETURN ON INVESTMENT
5 YEARS OF TOT & TBID SUCCESS
A TRUE PUBLIC-PRIVATE PARTNERSHIP
844,950
TOTAL ROOM NIGHTS BOOKED
$508.3 MILLION
TOTAL ECONOMIC IMPACT
ill 52 %
RETURN ON INVESTMENT
Y COIN] :] [.'Pi�iZEMI .7_\ 2 D VM FA :l : L9 : 12 L11 : K" :ti]Ti7 I
FISCAL YEAR
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
BUDGET
BUDGET
TOT REVENUE
$18.9
$21.2
$23.7
$26.1
$29.3
$30.3
$32.1
$32.8
$33.7
$35.2
(in Millions)
186%
iGSI��Z�L•Zil�i�fl:l
Source: City of !Newport Beach
FY20 TOT BUDGET
FY20 TOT Budget Revenue
TOT Marketing
Advertising
Marketing Collateral
Digital Marketing
PR
International Marketing
Community Marketing
Tota I
TOT Personnel/Admin Costs - Visitor Center
Salaries and Wages Fashion Island
Insurance
Professional Fees (Auditors, payroll processing, etc.)
Personnel and Benefits
Total Personnel/Admin Costs
Office Expenses
Total Expenses
$ 51479,965.00
$
170497000.00
$
417000.00
$
4597646.00
$
2947600.00
$
5577000.00
$
351,000.00
$
217523246.00
$
937555.00
$
8,700.00
$
21,400.00
$
2,500,847.00
$
216247505.00
$ 1031214.00
$ 514797965.00
Ask Marina
ARTIFICIAL INTELLIGENCE
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CONCI
! Geo -Fence Surrounding Newport Beach Welcomes all Visitors into Destination
* Uses both Yelp Ratings with proximity to provide the most relevant
recommendations for hand-curated local favorites in Newport Beach
* WAZE Digital Map App Targets Visitors As they Enter Newport Beach
! Phase 2 will include Voice Search Chat Bot and more Al technology
THE TELLY AWARDS
VIRTUAL REALITY NEWPORT HARBOR TRADESHOW EXPERIENCE
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PRINT IMPRESSIONS
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