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Well past the second anniversary of the pandemic, business travel is showing its first significant signs of recovery. As that recovery gains momentum, a new landscape has formed with the presence of both traditional and new forms of business travel. Amid this new landscape, however, there remains mixed consumer sentiment toward business travel as well as a large gap between current volume and pre-pandemic comparables. STR’s consumer research from May 2022 produced telling insights into this always popular topic.


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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.



Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us

March 30, 2023 / Business

Wegovy is Back on Shelves, Picking up Ozempic’s Momentum in Obesity

From Earnest Research
The total number of claims among the entire GLP-1 class of diabetes and obesity drugs grew rapidly in the past four years according to Earnest claims data; growing 4x in the past four years with particular accelerated growth in the past several months. February 2023 alone saw growth of 78% YoY, up from \~50% YoY in 2022 and \~30% YoY in 2021. As a sign of continued growth, new-to-brand prescriptions accelerated in 2H22, and now constitute 16% of prescription claims, up from a relatively steady \~10% in the past.
March 29, 2023 / Business

Department Store Deep-Dive: Belk

From Placer
We last checked in on the department store space through the lens of luxury leader Nordstrom. In this department store deep dive we took an in-depth look at Belk – a mid-tier chain based in North Carolina – which recently launched its first two Belk Outlet stores. Following the lead of other department stores, the new format signals Belk’s foray into the growing off-price market.
March 29, 2023 / Travel

Hong Kong Travel Recovery: Airlines Back in Business

From OAG
Hong Kong fully removed its strict border restrictions on 13th December 2022, and its mask mandate on 1st March 2023 - one of the last territories in the world to do so. Throughout their prolonged lockdown, airlines faced stringent measures and strict penalties, leading to many simply canceling their routes altogether. At its worst, airline capacity in April 2020 dropped to -92% compared to 2019 levels, and recovered to a meager -75% in November 2022.
March 29, 2023 / Travel

Intra-European seat capacity to reach pre-pandemic levels this Easter.

From ForwardKeys
ForwardKeys, the leading travel and analytics firm based in Spain, latest research reveals that seat capacity for intra-European arrivals during Easter is expected to reach pre-pandemic levels. The destinations with the largest increases in air supply (out of destinations with a share >2 %) are Turkey, +26% up on 2019 levels, followed by Portugal (+12%) and Poland (+9%).
March 29, 2023 / Real Estate

Apartment List National Rent Report

From Apartment List
Welcome to the April 2023 Apartment List National Rent Report. Our national rent index increased by 0.5 percent over the course of March, the second straight monthly increase and a slight acceleration over last month’s pace. This month’s increase is of a similar magnitude to the typical March price change that we saw in pre-pandemic years. After 2022 closed out with record-setting price declines, it appears that rental demand is rebounding in line with the usual seasonal trend.
March 28, 2023 / Business

Regional Grocery Chains Staying Ahead of the Competition

From Placer
Our latest white paper – 10 Regional Powerhouses to Watch: Top Brands Dominating Local Markets – examines companies across five different retail and retail service categories that are highly successful in their region. Some have expanded – or are planning to expand – into new markets, while others are choosing to focus solely on their current region. But although the different businesses have different approaches to expansion, all these companies have established a strong foothold in their respective markets and are well-positioned for future growth.
March 28, 2023 / Business

Revisiting the Impact of COVID on Downtown & Suburban Regions

From PlaceIQ
As 2022 wound down, we at PlaceIQ took one last look at our Reemergence Dataset: the year-over-year index we built to power our Social Distance Tracker. The Reemergence Dataset compared a panel of foot traffic against 2019, our pre-pandemic benchmark. Throughout our analysis, we’ve spotted many hidden trends. From selective returns of consumer demand to changing dining preferences. From the quirks with the return to campuses to shopping while distancing. Before we filed the Reemergence Dataset into cold storage, we had a lingering question regarding the recovery of urban and suburban areas.
March 28, 2023 / Travel

The World’s Most Heavily Used Aircraft Types - Answering The Big ASK

From OAG
It appears that people are obsessed with measuring airlines. From the quality of service, the number of destinations served, on-time performance, passengers carried, load factors and just occasionally profitability, there are many interesting data points (many of which can be answered by OAG data). However, we rarely measure, or even note, one of the largest data points in the whole aviation industry - Available Seat Kilometres (ASKs). And even more rarely, ASKs by specific aircraft type; well until now!
March 27, 2023 / Business

Advan Notable Hits: NIKE, Inc. (NKE), Darden Restaurants, Inc. (DRI) & Shoe Carnival, Inc. (SCVL)

From Advan
Notable Hit 1: (NKE:NYSE) On Tuesday March 21, 2023 NIKE, Inc. (NKE) posted revenues of $12.39 bn, surpassing the consensus estimates by +8.3% and in the same direction as Advan's forecasted sales. The revenue increased 14% YoY - in line with Advan's foot traffic data increase of 10% YoY at its stores for Q4 2022. Advan's footfall data has a correlation of 0.94 on a YoY basis with NKE's top-line revenue over the last 16 quarters.
March 24, 2023 / Business

Five Chains that Rightsized for Success

From Placer
The past few years have thrown plenty of curveballs at brick-and-mortar retail – and in 2020, headlines announcing store closings and proclaiming an imminent “retail apocalypse” seemed to be everywhere. But while shuttering locations can signal retail decline, rightsizing – taking proactive steps to match a company’s store configuration to actual market conditions – can also be a chain’s first step in regrouping to overcome unexpected hurdles. Retailers that prove themselves capable of reacting nimbly to a changing environment will ultimately be better positioned to thrive over the long haul.
March 24, 2023 / Real Estate

Home Flipping Remains Up In 2022 Across U.S. But Gross Profits Fall To Another Low

From Attom Data Solutions
ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows that 407,417 single-family homes and condos in the United States were flipped in 2022. That was up 14 percent from 357,666 in 2021, and up 58 percent from 2020, to the highest point since at least 2005. The report reveals that the number of homes flipped by investors last year represented 8.4 percent of all home sales, also the largest figure since at least 2005.
March 23, 2023 / Business

As shoe retailers kick off new growth strategies, transaction data projected earnings surprises for Foot Locker and Nike

From Second Measure
On March 20, 2023, Foot Locker Inc (NYSE: FL) reported fourth quarter revenue that exceeded investors’ expectations and remained relatively consistent compared to the year before. The day after Foot Locker’s earnings call, Nike Inc (NYSE: NKE) also announced an earnings surprise for its third fiscal quarter of 2023. Bloomberg Second Measure’s transaction data correctly projected the earnings surprises for both Foot Locker and Nike within one percent of reported revenue, beating mean consensus estimates.
March 23, 2023 / Business

What India's ban of TikTok could tell us about the U.S. social media market

From Apptopia
TikTok, the most popular social media app for Gen Z, could be facing a ban in the United States based on fears (maybe facts, not sure) that China is using the app to gain information on US citizens. Another country who is at odds with China, has already banned more than 250 apps originating from the country. TikTok is one of those, and on June 30, 2020, it was suddenly nowhere to be found on the app stores in India. The fallout in the country's social media landscape could have insights into what might play out in the US.
March 22, 2023 / Business

Dining Out With Darden

From Placer
Darden Restaurants is one of the world’s largest restaurant groups. The company owns nearly 2,000 restaurants, from its higher-end concepts such as Eddie V’s and The Capital Grille to its more casual dining options, which include Olive Garden and LongHorn Steakhouse. With restaurants across the country continuing to feel the inflationary pressures, how is the brand faring? We take a closer look.
March 22, 2023 / Business

How ESPN Capitalizes on March Madness Fever

From Pathmatics
March Madness is here and millions of viewers will be tuning into this year's NCAA Basketball tournament to cheer on their favorite team, or live out the heartbreak of an upset. And while many die-hard fans will be glued to their monitors, this tourney offers non-sports addicts the opportunity to flex their luck by participating in bracket pools with their friends and colleagues.
March 22, 2023 / Real Estate

Total Construction Moves Higher in February

From Dodge Analytics
Total construction starts rose 6% in February to a seasonally adjusted annual rate of $912.8 billion, according to Dodge Construction Network. During the month, residential and nonresidential building starts rose 11% and 9% respectively, and nonbuilding starts declined by 5%. For the first two months of 2023, total construction starts were 17% below that of 2022. On a year-over-year basis, residential starts were down 31%, nonresidential starts were off 14%, while nonbuilding starts gained 6%.
March 22, 2023 / Real Estate

US Annual Rent Growth Slows to Nearly Two-Year Low in January, CoreLogic Reports

From CoreLogic
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. U.S. annual single-family rent growth continued to slow year over year in January, declining for the ninth straight month to 5.7%. Orlando, Florida posted the country’s largest annual gain for the third consecutive month, while Miami dropped out of the top three highest-growth markets for the first time since the summer of 2021.
March 21, 2023 / Business

What’s in Store for Self-Storage?

From Placer
In recent years, demand for self-storage facilities has grown relative to the pre-pandemic era. For many consumers at the onset of the pandemic, the prospect of spending more time at home induced a decluttering spree that necessitated extra storage. At the same time, many Americans relocated and businesses re-evaluated their office needs – transitions that often required storage space.
March 21, 2023 / Travel

Top 10: Busiest Domestic Airline Routes in China This Month

From OAG
Beijing-Shanghai (PEK-SHA) is the busiest domestic airline route in China this month, with a total of 755,061 scheduled seats between the two airports. This flight route sees a 24% increase month-on-month, and an 8% increase when compared to March 2019. The second largest domestic route is Guangzhou-Shanghai (CAN-SHA) with 649,607 scheduled seats, an increase of 30% compared to last month, and a 23% compared to pre-pandemic levels in March 2019.
March 20, 2023 / Real Estate

Top 10 SFR Growth Markets for 2023 with Greatest Annual Increases in Rental Returns

From Attom Data Solutions
ATTOM’s just released Q1 2023 U.S. Single Family Rental Market Report, which ranks the best U.S. counties for buying single-family rental properties in 2023, found that the average annual gross rental yield on three-bedroom properties (annualized gross rent income divided by purchase price) is projected to be 7.5 percent in 2023. According to ATTOM’s latest single family rental market analysis, that figure is up from an average of 6.7 percent in 2022 in those same markets and marks the first time since at least 2019 that the figure rose across the country.