There is no question that a segment of retail has moved online this year. Offline (i.e.in-store) credit and debit card spending is down 15% year-over-year versus total spend according to transaction data from ConsumerEdge.
Foot traffic at consumer discretionary store locations is also 20% lower...
Advan analysis of footfall at US airports shows a gradual upward trend in traveller numbers, although volumes still remain significantly depressed compared to March.
Comparison with TSA screened passengers shows a very high correlation over time, of over 99%. This means that foot traffic data...
After months of travel restrictions and lockdown, there is some hope on the horizon for hotel chains such Hilton. Foot traffic is a very accurate measure of performance for hotels, as well as for cash-heavy businesses such as casinos.
For such type of companies tracking performance by...
In our recent webinar, we spent some time looking into foot traffic trends at airports in America and Europe.
Location data is a very reliable proxy for airline passengers, since there are few reasons to be at an airport other than to board a plane. Precise mapping can filter out people who...
As we near the last stretch of the US summer season, we looked again at foot traffic data for US airports as one measure of the impact being felt by the travel industry.
In our blog post on June 19th, we noted that traffic at US international hubs was severely depressed, with some regional hubs...
Heading into earnings season we reviewed foot traffic data at four major hotel chains to help provide insights into likely company performance. We looked at Extended Stay America (STAY), Choice Hotels (CHH), Marriott (MAR) and Hilton (HLT) and compared the percentage change in stock prices over...
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,...
Last week we hosted a webinar where we dug into some key data to help understand and predict trends for the travel and tourism sectors as we head into the summer.
Since Europe was locked down earlier than North America, it has also started opening up sooner. As a comparison, we looked first at...
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...
Earlier this week we shared our global Sector Tracker that analyzes recovery trends by highlighting the sector with most week-over-week growth in each country. Last week, in the US, it was the transportation sector the had seen the biggest uptick in activity, based on our analysis of foot traffic...
In New York City, the MTA has stated that it’s seen “ridership tick down a bit in the last week or so.” For anyone who lives there, it probably feels like more than a bit of a tick down, with subway platforms empty at rush hour and the usually bustling Grand Central terminal eerily quiet.
In order...
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