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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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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.

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May 5, 2021 / Business

23andMe SPAC: Everything You Need to Know About the Genetic Testing Giant

From Similarweb
From taste preferences and health risks to ancestry links, 23andMe, provides direct to customer (DTC) home genetic testing kits that give customers insights into their genetics. All customers need to do is spit into a tube. But that’s not all. 23andMe is on a mission to disrupt what it believes to be a dysfunctional healthcare system.
May 5, 2021 / Travel

Airlines Eagerly Await Traffic Light Travel Announcement

From OAG
A collective whip around amongst European-based airlines has raised the cash to buy a new set of light bulbs and the UK Government has finally run out of excuses; this week they will announce the easing of travel restrictions from the UK, or at least they should be.
May 5, 2021 / Real Estate

Home Price Gains Were at a 15-Year High in March

From CoreLogic
National home prices increased 11.3% year over year in March 2021, according to the latest CoreLogic Home Price Index (HPI®) Report. The March 2021 HPI gain was up from the March 2020 gain of 4.6% and was the highest year-over-year gain since March 2006.
May 5, 2021 / Business

“May the Fourth” Drives Growth in Star Wars Streaming and Mobile Games

From AppAnnie
In 2020, top Star Wars mobile games saw over a 900% increase in downloads on Star Wars Day. Today, Disney+ will be releasing Star Wars: The Bad Batch to coincide with Star Wars Day (“May the Fourth”) — an annual celebration of the franchise’s dedicated fanbase. Last year, Disney+ released an eight-episode docuseries with behind-the-scenes footage from The Mandalorian.
May 5, 2021

How will remote work impact housing location preferences?

From Apartment List
In a survey of 5,000 employed adults across the U.S., we found that four-in-ten workers expect to have some form of continued remote work flexibility post-pandemic. 19 percent expect to have a hybrid arrangement that allows for remote work multiple days per week, while 21 percent expect that they’ll have the ability to work exclusively remotely.
May 5, 2021 / Business

Trading Gasoline Futures

From Advan
One of the largest moves we have ever seen in our data is that of gas station visitors and miles driven. Americans drive more now than they ever did, pre-pandemic and all. What is the best way to trade this data? According to the analysis below, Gasoline Futures.
May 4, 2021 / Business

Placer Bytes: Planet Fitness & Sprouts

From Placer
The wider fitness sector is seeing all the signs of a significant offline recovery, and one brand that could be poised for a huge year is Planet Fitness. Planet Fitness, one of our 2021 winner predictions, hit an impressive milestone the week beginning April 12th.
May 4, 2021 / Investing

Etsy Earnings Preview: A Tale of Two Halves

From Similarweb
Etsy has been on a strong run. And expectations remain high for the eCommerce site known for selling handmade and vintage items. A strong 4Q20, greater-than-anticipated holiday sales, and a new personalized search feature all add to the bullish picture for the company. But, as vaccinations around the globe are rolled out and lockdowns ease, will the momentum continue?
May 4, 2021 / Travel

COVID’s rogue wave pummeled cruise lines, here’s how they’re recovering

From Pathmatics
Up until recently, cruises were the fastest-growing segment of the travel industry. But as the world closed its borders in response to COVID-19, the fallout created an elevated level of concern amongst the public surrounding the health and safety aboard cruise ships. As expected, there's been a significant financial impact for all cruise lines, making it challenging for these brands to attract travelers and thus result in closures.
May 4, 2021 / Real Estate

Dallas Tops US Construction Markets in Covid Era

From Real Capital Analytics
Dallas is booming. The market cemented its position as the #1 U.S. market for commercial real estate construction during the Covid-19 era despite the challenges of the pandemic.
May 4, 2021 / Business

Facebook Revenue Surges: How Super Niche Brand Advertising Adds Up

From MediaRadar
We all know that eCommerce soared last year—and it’s not slowing down in 2021. In March, online sales were up 49% year-over-year (YoY), making this the biggest increase since July 2020 when Americans received their first round of stimulus checks. Despite vaccines, people are still shopping online and it makes sense that brands are buying ads in the digital space.
May 4, 2021 / Business

JD-LON Makes Sport of US Expansion

From Consumer Edge Research
JD-LON’s success in its home market has come from building brands that resonate with specific customer segments, tailoring each brand’s assortment and image for the target audience. But with North American expansion key to its growth strategy, can the company recreate the allure across the Atlantic?
May 3, 2021 / Business

Macro Views from Spring 2021

From ETR Research
We are excited to show you several data points and macro takeaways from our Spring Technology Spending Intentions Survey and COVID-19 Impact drill down series, citing participation from 1,500 IT decision-makers.
May 3, 2021 / Culture

Predicting attendance levels at the 2021 Kentucky Derby

From Advan
The oldest continuously held major sporting event in the United States, the Kentucky Derby had enjoyed steady growth from 2016 to 2019, but in 2020… well, we all know what happened last year. As the world opens up, it’s interesting – not just for Churchill Downs, but to understand the sentiment of all Americans – to see how the attendance at the Derby is shaping up this year.
May 3, 2021 / Culture

This Week in Illness, April 30

From Kinsa
Illness metrics across the country trended downwards, while a few states saw increases in COVID-19 cases. The worst-hit areas at the beginning of the month, like New Jersey and the Upper Midwest, seemed to be on the mend. The rate of vaccination declined, continuing a trend from last week as US health officials “unpaused” the J&J vaccine. New York City also announced plans to reopen this summer fully. Finally, the CDC issued new guidelines for vaccinated individuals.
May 3, 2021

Analyzing recovery: Total Room Inventory vs. STR Standard methodology

From STR
Occupancy has long been one of the key hotel performance metrics measured by STR. Reported on both a monthly and weekly basis, occupancy is easily calculated by dividing rooms sold (demand) by rooms available (supply), providing a straightforward representation of the percentage of rooms occupied during a given time period.
May 3, 2021 / Travel

Room Demand Pushes Toward Normal for Lesser-Traveled States, Gaps Persist for Key Markets

From STR
As we move further into the spring, much of the U.S. continues to make solid progress toward reaching comparable demand levels from 2019. As a reminder, 2019 is being used as the recovery benchmark due to the heavy pandemic impact in 2020.
May 3, 2021 / Real Estate

Top 10 U.S. Metros with Greatest Gains in Home Seller Profits in Q1 2021

From Attom Data Solutions
ATTOM Data Solutions’ newly released Q1 2020 U.S. Home Sales Report reveals that the typical Q1 2021 home sale in the U.S. generated a profit of $70,050, down from $75,750 in Q4 2020, but still up 26 percent from $55,750 in Q1 2020.
May 3, 2021 / Business

SHEIN accelerates app growth, further distancing itself from competitors

From Apptopia
SHEIN, a women's clothing brand based in China, has taken the digital fashion world by storm. For the past several years, its app has ranked as the top performing fast fashion app of the market. Given its current performance, its reign is unlikely to be cut short.
April 30, 2021 / Real Estate

More Than Half of Homes Are Selling at or Above List Price

From CoreLogic
Since the pandemic began over a year ago, a supply shortage of for-sale homes has fueled home price growth. The national CoreLogic Home Price Index posted double-digit year-over-year growth in February. In other words, home price growth has doubled since the time just before the pandemic.