The COVID-19 pandemic brought unprecedented changes across various industries, with the movie theater industry facing significant disruptions. After prolonged closures, new safety regulations, and the rapid rise of streaming platforms, theaters had to adapt to survive. Now, as we navigate 2024,...
The necessarily misnamed “Euro 2020”, one of the largest soccer competitions worldwide, had to be postponed until June 2021 due to pandemic restrictions. The winner of the European Championship was Italy after beating England 3-2 in the final on penalties. Webley Stadium in London hosted the...
Update: well, we did not party like 2019… There were only 22,500 spectators in the Last Row party on Friday. And, per Penske’s directions, attendance was 142,000 (tickets were limited to about 135,000, plus all the support staff for the race). Although we’re certain Helio isn’t exactly disappointed...
Indianapolis 500 is here and this year with proper spectators allowed! After last year’s hiatus in proper attendance at the Brickyard, the 105th edition of 2021 appears to be back in full force. This year’s qualifying was as exciting as ever, with only 0.03mph separating the pole sitter and 2008...
The oldest continuously held major sporting event in the United States, the Kentucky Derby had enjoyed steady growth from 2016 to 2019, but in 2020… well, we all know what happened last year.
As the world opens up, it’s interesting – not just for Churchill Downs, but to understand the sentiment...
After a dismal April and May, when casinos across the country were closed to visitors, Nevada’s casinos have been slowly recovering. But although many casinos on the strip are now open, foot traffic remains depressed - down 40% year over year in October to date. Around the country, the pace of...
The RV market in the US looks like it may have found a new client base during the pandemic. As reported by the New York Times, companies like Cruise America, the largest RV rental company in the US, typically count on overseas visitors for about 40% of their bookings. The majority of these...
In this second post based on data from our summer webinar, we reviewed the sectors at the heart of the tourism industry - hotels, restaurants and casinos.
We had previously analyzed hotel foot traffic in multiple states. You can read our full analysis in a previous blog post here. Just to recap,...
As one of the sectors hit hardest by the pandemic, hotels, resorts and leisure facilities are hoping that the summer may offer a recovery in the form of reduced case numbers and fewer cancelled vacations. A critical period for the industry, a bounce back in July and August could help mitigate some...
Markets have reacted very strongly to the potential effects from the coronavirus epidemic in China. MGM, Las Vegas Sands and Wynn Resort stocks have been hit particularly hard, dropping 20% since the news, mostly on fears that their Hong Kong and Macau locations will see materially reduced...
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