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Business

Amusement Parks Heating Up With Memorial Day Temps

Source: https://insights.consumer-edge.com/2022/06/amusement-parks-heating-up-with-memorial-day-temps/

A particularly warm Memorial Day weekend this year provided perfect weather for beaches and grilling, as well as visiting theme parks and outdoor attractions. In today’s Insight Flash, we take advantage of our partnership with WeatherOptics and our unique weather impact tracking capabilities to highlight which companies saw the biggest boost from the beautiful weather, and in which geographies.

As might be expected, a water park was the top beneficiary of the warmer weather. Hurricane Harbor (formerly Wet ‘n’ Wild) in Phoenix saw a 26% positive sales impact due to the weather. Michigan’s Adventure was another traditional theme park that saw weather-related spend improvement greater than 10%. Other entertainment destinations for outdoor sports that experienced increases in spend due to weather included Mountaineer Casino, Brandywine Ski Resort, and Alpine Valley Resort. Home furnishings retailers geared towards seasonal merchandise like HomeSense and Christmas Tree Shops also saw a boost, possibly as shoppers searched for patio decorations to make pool parties and barbecues more festive.

Top Positive Sales Impact Due to Weather

Our weather impact data allows users to see the specific impact on a company by shopper geography, helping to understand the effect of national temperatures on travel plans. In this instance, there was positive impact across the US for SIX, FUN, and MTN. SIX saw especially strong weather impacts on the East Coast and in Texas, while all three companies saw increased strength in the Great Lakes and Southwest. The center of the country, and particularly Nebraska, was the only spot of weakness across the three companies.

SIX Memorial Day National Weather Impact

FUN Memorial Day National Weather Impact

MTN Memorial Day National Weather Impact

To learn more about the data behind this article and what Consumer Edge Research has to offer, visit www.consumer-edge.com.

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Advan

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

GET WEEKLY ALERTS

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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

Advan

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