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,...
As businesses navigate the post-pandemic world, the return to office (RTO) trends offer a fascinating glimpse into the evolving work culture across the United States. Data from Advan, the leading provider of accurate cellphone location data, reveals intriguing patterns in office foot traffic,...
Following up from our recent blogpost that we measure the recovery of the Malls, we have revisited all these properties to see how the picture looks like if we incorporate the full month of September. In summary nothing has really changed, the full recovery still remains to be seen. The foot...
There was a location data report published last month called ‘Malls Rise Once Again’ that caught people’s attention. It claimed that malls have made a ‘full COVID recovery’ and have as many visitors as in 2019. We at Advan live and breathe location data, so our intuitive response was ‘no way, how...
Office properties and office leasing companies like WeWork are watching very closely the speed with which employees return to the office. The question at large remains: is the work from home (WFH) phenomenon here to stay, or will it prove to be only temporary for most?
Using Advan’s mobile...
One of the most popular use cases of location data for landlords and developers is the site selection. Another more popular for Real Estate investors, Private Equity firms and retailers is monitoring of the performance of their assets/stores.
With a new phase of lockdowns beginning across the US, many shoppers have opted to get a jump on Black Friday over the past week. Foot traffic to malls increased steadily across most states other than Texas where case numbers have climbed significantly, although lockdown measures have not yet been...
In a previous blog post we talked about how the home improvement sector has been one of the bright spots in the pandemic. Year-over-year foot traffic to building material retailers was up 26% in September.
Given this trend, we wanted to look in more detail at one of the most popular companies...
Are you back in the office? It’s a question many of us find ourselves asking our friends and peers. The answer is, it depends. Each has their own comfort level, and it also depends largely on their role and their employer.
Morgan Stanley announced in May that it would start bringing traders...
A recent article on Wall Street Journal by Peter Grant took an insightful look at how truck stops in the US have been boosted this year, in part due to the increase in demand for e-commerce and delivery.
Travel Centers of America (NASDAQ:...
Building on previous posts from Advan Research and Eigen10 Advisors using anonymized cell phone movement over time to analyze the impact of Covid-19 on various real estate property segments, this week we explore the different experiences metro areas have had returning to the office. The market...
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