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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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July 16, 2021 / Business

Amazon sales grew during Prime Day 2021, despite competing retail events

From Second Measure
For the past few years, some superstore retailers have hosted their own sales events to coincide with Amazon Prime Day. In 2021, these companies included Walmart, Target, Best Buy, and Bed Bath & Beyond. Consumer transaction data reveals that despite competing sales events during Prime Day 2021, Amazon sales increased and the company experienced higher week-over-week sales growth than a select set of retailers. Additionally, Amazon captured market share from top retail competitors, especially Walmart and Target.
July 16, 2021 / Business

Casual Dining – Who’s Thriving and Who’s Recovering?

From Placer
Casual dining took a major hit during COVID as diners avoided enclosed spaces and states introduced capacity restrictions to curb the spread of the virus. Now, foot traffic analysis of twenty-eight leading casual dining chains shows that the sector is returning to pre-COVID levels. Restaurants were still struggling in Q1 as cold weather made outdoor seating impractical while COVID regulations and customer precautions limited indoor seating options.
July 16, 2021 / Culture

Mental Health Apps Are Having A Moment, Here’s How The Industry’s Top Players Fared During COVID-19

From Pathmatics
Throughout the early days of the COVID-19 pandemic, social distancing measures expedited the adoption and implementation of digital mental health apps and tools. To meet the rising demand for psychiatric and teletherapy services amid a worsening global mental health crisis, telehealth providers took center stage and emerged as one of the fastest-growing categories throughout the pandemic. Today, we'll examine how some of the industry's key players approached their respective ad strategies from the initial days of the pandemic through Spring 2021.
July 16, 2021 / Travel

Rio Grande do Norte tops the charts for domestic visitors

From ForwardKeys
A joint analysis of the latest air ticketing data by data firm ForwardKeys and Emprotur, Empresa Potiguar de Promotion Turística, shine some positive light on domestic tourism in Brazil, particularly to the star of Rio Grande do Norte, Natal, as the city demonstrates resilience and demand. The overall performance of the Brazilian domestic market in June reached 108% of the 2019 demand, encouraging considering the current climate.
July 16, 2021 / Culture

Health, Hunger, and Hydrology: How Heat is Shifting The Way We Live

From aWhere
The unprecedented heat wave moving across the Pacific Northwest demonstrates the harsh realities of our changing climate. Record high temperatures across the region have killed hundreds as resources to stay cool run low, and cities encourage residents to save as much energy as possible. In Oregon alone, the health authorities have reported 633 heat-related trips to the emergency department and 63 people have died in the state. Intense drought across the afflicted regions has only heightened the extremity of these triple degree days.
July 15, 2021 / Business

Which company is winning the restaurant food delivery war?

From Second Measure
When many Americans sheltered in their homes early in the coronavirus pandemic, meal delivery sales reached new heights. Our data reveals that in June 2021, sales for meal delivery services grew 20 percent year-over-year, collectively. Shelter-in-place orders may also be driving more Americans to make their first meal delivery purchase. In June 2021, 49 percent of U.S. consumers had ever ordered from one of the services in our analysis, up from 41 percent a year ago.
July 15, 2021 / Business

Which Companies Promote Most From Within?

From Revelio Labs
Every company faces a choice of where to source their management team: from within the company or from outside? The implications of this choice are enormous. Leaders that are groomed internally already know the business and can easily fit within the corporate culture. However, leaders from outside often come with more proven track records.
July 15, 2021 / Business

China on Course to Claim Gold Ahead of Japan for 2021

From Real Capital Analytics
As the opening ceremony of the Tokyo Olympics draws near, we examine commercial property transaction volumes across Asia Pacific to see which country is on track for the gold medal in 2021. Japan had an unbroken record of 13 consecutive annual number one rankings from 2007, when Real Capital Analytics started comprehensively collecting data across the region. However, Japan comes into the delayed Tokyo Games on the back of a second-place finish, with China standing at the top of the podium in 2020.
July 15, 2021 / Business

Q2 Quarterly Index – The Return of Normal

From Placer
Home Improvement received a major boost as Americans sheltering in place focused their time and energy on improving their living space. In contrast, Fitness took what some predicted would be a fatal blow as many Americans discovered cheaper, more time-effective ways to work out at home. Now, it seems that gyms are making a comeback – while home improvement giants continue to hold onto their gains. And the driving force for both seems to be a strong return to ‘normal’ shopping behaviors. We dove into our Q2 Quarterly Index to find out more.
July 15, 2021 / Business

How is Healthcare Spending Shifting with the Latest COVID Surge?

From MediaRadar
Last year was a public reminder of how important our health is—and a reckoning of how vulnerable our healthcare system can be. And we’re not out of the pandemic yet. Partially due to the presence of the highly contagious delta variant, COVID cases are surging. There has been a 109% increase of cases over the last fourteen days. (Though, hospitalizations and deaths are significantly down from the beginning of the year.) With this reality, public attention is still on our healthcare system, its holes, and what can be done to improve it in the future.
July 15, 2021 / Travel

Destination Spotlight: Mexico’s Mass Appeal

From ForwardKeys
Mexico is primed to be a top holiday destination from July to September, according to the latest air ticketing analysis by travel analytics firm, ForwardKeys. But the big news is that it is managing to welcome more international visitors beyond the USA – Ecuadorean and European travellers play a vital role in its reactivation this summer. Tourism is an important economic sector in Mexico, and the country plays a prominent role in tourism globally. In 2020, Mexico welcomed 23.3 million international tourists, around half of the inbound tourism volume recorded a year earlier.
July 15, 2021 / Business

Number of ASMR themed mobile games available for download increases for 13 consecutive quarters

From Apptopia
Mobile games making use of ASMR are on the rise! The number of games ranking across iOS and Google Play with the word “ASMR” in title and/or description have been rising for 13 straight quarters. Q2 2021 ended with 405 games, an increase of 72.3% year-over-year. For the uninitiated, ASMR stands for autonomous sensory meridian response. It’s when your body responds to audio stimuli by giving you a tingling sensation and/or pleasant chills. Many people find this sensation to be calming and relaxing. ASMR can be used to relieve stress and anxiety.
July 15, 2021 / Business

Ford in worst position among its peers due to chip shortages

From Advan
Automakers have been struggling to produce cars due to the global shortage of semiconductor chips first occurred in the early months this year. Fiat/Chrysler, General Motors and Ford and other big names in the industry announced they would reduce the pace of production to tackle this challenge. It did not take long and the impact of the idled factories is now reflected on the sales. Using employee counts are often times the right metric produced by our data to analyze industrial companies.
July 14, 2021 / Business

Which Giants Are Winning the Streaming Wars? [2021 Benchmarks]

From Similarweb
Talk to any Gen Zer and ask them the last commercial they saw. Chances are they don’t even watch cable. We’re living in the golden of video content with endless options of digital entertainment available at our fingertips. We can binge-watch, pause whenever we want, watch from anywhere, and even rent the latest blockbuster films before they hit theatres. Of course, the huge boom of digital streaming options was accelerated by the COVID-19 pandemic. With museums, venues, and other forms of entertainment closed, the number of people streaming entertainment at home skyrocketed.
July 14, 2021 / Business

Placer Bytes: Tractor Supply, Camping World, and Gap

From Placer
In this Placer Bytes, we dive into Tractor Supply’s impressive growth, explore Camping World’s strong start to 2021, and look at performance of some of Gap Inc.’s various brands. The Home Improvement sector does not seem to be slowing down, but even within this highly successful sector, Tractor Supply’s growth stands out. Already before the pandemic, the brand’s monthly visits were growing at a much higher rate than competitors
July 14, 2021 / Business

Zoom, Slack, and Microsoft Teams flourish in a new era of remote work

From Pathmatics
As the global pandemic sent shockwaves throughout the world, lockdown measures ignited a boom in remote work. While many industries struggled to weather the COVID storm, video conferencing and collaboration software vendors, including Zoom, Microsoft Teams and Slack, reaped the rewards. In fact, the use of remote collaboration software surged over 176% in May of 2020. Today, we'll explore how these three brands adapted their respective ad strategies to usher in a new era of business and work culture.
July 14, 2021 / Business

Who are the Top Sponsors at the 2021 Olympic Games?

From MediaRadar
After a yearlong delay, the Tokyo Olympics are almost here. Sports fans are eager to watch Simone Biles, Allyson Felix, and Adam Peaty pretty much defy physics, while sponsors are ready to measure their ROI. The leadup to the Olympics has been complicated. Not only was it delayed an entire year due to the pandemic, but organizers didn’t decide whether or not spectators would be allowed until last week. Though attendees won’t be allowed due to rising cases of COVID in Tokyo, the Olympic Games will still bring in a huge amount of sponsorship revenue.
July 14, 2021 / Real Estate

Delinquency Rate Posts First Annual Decrease Since March 2020

From CoreLogic
In April 2021, 4.7% of home mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which was the first year-over-year decrease and the lowest overall delinquency rate since March 2020 according to the latest CoreLogic Loan Performance Insights Report. The 1.4 percentage point decrease in the delinquency rate from April 2020 marked a turning point for mortgage performance and was enabled by an employment and income recovery that helped homeowners remain or return to “current” mortgage payment status.
July 14, 2021 / Real Estate

Loan Performance Insights

From CoreLogic
The CoreLogic Loan Performance Insights report features an interactive view of our mortgage performance analysis through April 2021. Measuring early-stage delinquency rates is important for analyzing the health of the mortgage market. To more comprehensively monitor mortgage performance, CoreLogic examines all stages of delinquency as well as transition rates that indicate the percent of mortgages moving from one stage of delinquency to the next.
July 13, 2021 / Real Estate

Hotel performance recovery in China isn’t just faster, it’s different

From STR
Like many markets worldwide, Mainland China has worked diligently to establish a new, albeit temporary, normal. That has included tight border controls, enhanced testing measures and small but strict lockdowns to prevent new surges in COVID caseloads. As a result, travel in China has quickly rebounded in both the leisure and business travel segments. Sure, performance declines have occurred during lockdowns, but rebounds have quickly followed, and through the first half of 2021, hotel performance has remained pretty much near normal based on the market’s historical trends.