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Economy, Business

Miami Hotels Saw 40% Increase in Visitors over Holiday Season

Source: https://www.advan.us/blog.php

Foot traffic analysis for hotels around the US showed vastly different trends over the holiday season. Compared to the first week of November, hotels in Florida saw a foot traffic uptick of 20% in the week of December 22 - 28, and up 40% in the week between Christmas and New Year, as Americans flocked to warmer climates.

Colorado hotels also saw a healthy increase in traffic of 19% in the final week of the year as skiers took to the slopes over the holidays. California and Texas, however, did not enjoy the same rebound in tourist traffic. In California, hotel visitors were down 31% over the holidays and in Texas it was down over 13% compared to the start of November.

While Florida and Colorado saw spikes in tourist traffic, Texas was the busiest state for retail - specifically for malls. Compared to the first week of November, traffic at malls in Texas was up 55% in the week of December 15 - 21, and up over 35% in the final week of the year.

Florida and Colorado also saw growth in mall traffic - up 48% and 32% respectively in the week prior to Christmas, in part driven by the increased number of visitors to those states.

Airport foot traffic data from the same four states tells a similar story, with traffic at Florida’s airport climbing steadily over the holiday period and through the end of the year. Airports in Texas also saw a noticeable increase in traffic over the holiday period as Americans flew from around the country to join their families.

Despite the increased hotel traffic in Colorado, airport foot traffic did not show a significant increase. Possibly because visitors to Colorado were more likely to drive than to fly to its ski resorts.

To learn more about the data behind this article and what Advan has to offer, visit https://www.advan.us/.

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ForwardKeys

ForwardKeys is one of the leading travel analytics firms that provides investment firms with alternative and predictive data on the travel industry. Data is offered both on the demand and the offer-side of the aviation market.

Actual Air Reservations is an aggregation of flight bookings made via the Global Distribution Systems. Exclusive agreements make that global travel data is available, including regions that are generally difficult to track. This data contains valuable insights into the profile, behaviour, and impact of events on past, present and future air travellers.

Seat Capacity provides insights into the scheduled flights from 99% of global commercial airlines.

Financial institutions use this data for artificial intelligence and predictive models to forecast the performances of businesses. Combined, the datasets can provide insights into the financial health of businesses operating in the travel and tourism industry. This list contains companies like airlines, airplane leasing companies, oil companies, hotels and travel agencies.

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LET US HELP

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.

DATA PROVIDER SPOTLIGHT

ForwardKeys

ForwardKeys is one of the leading travel analytics firms that provides investment firms with alternative and predictive data on the travel industry. Data is offered both on the demand and the offer-side of the aviation market.

Actual Air Reservations is an aggregation of flight bookings made via the Global Distribution Systems. Exclusive agreements make that global travel data is available, including regions that are generally difficult to track. This data contains valuable insights into the profile, behaviour, and impact of events on past, present and future air travellers.

Seat Capacity provides insights into the scheduled flights from 99% of global commercial airlines.

Financial institutions use this data for artificial intelligence and predictive models to forecast the performances of businesses. Combined, the datasets can provide insights into the financial health of businesses operating in the travel and tourism industry. This list contains companies like airlines, airplane leasing companies, oil companies, hotels and travel agencies.