Restaurant Industry June 16th

Restaurant Reservations Sine the June 9th report, reservations have again increased nationally and statewide. Nationally reservations jumped from -74%YoY to -64%YoY; statewide reservations tell a similar story: -72%YoY to -54%YoY. On June 14th, the date of the most recent information as of the time writing this report, these numbers dropped from their peaks to -78%YoY. […]

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Hotel Industry: 5/24-5/30

Hotel Industry Overview: 5/24-5/30 Hotel Weekly Update Nationally, hotel occupancy was down 43.20% compared to 2019.  Atlanta was 3rd out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-35.1%), improving from the #4 spot the city held all month.  Overall, year over year declines are still significant but […]

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Hotel Industry: 5/17-5/23

Hotel Industry Overview: 5/17-5/23 Weekly Hotel Update Nationally, hotel occupancy was down 50.20% compared to 2019.  Atlanta was 4th out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-47.5%) for the second time this month.  Many public hotel brands such as InterContinental, Hilton, and Marriott have started to […]

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SBA Loans 6/8-6/12

The Small Business Administration released a new PPP Report with approvals through 6/12/2020, still in the second round of funding. Banks and credit unions in Georgia have given out a total of 140,997 loans, totaling $14,042,012,004. This is an increase of 1,782 loans and an increase of $33,850,243 from the June 6 Report. Due to […]

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SBA Loans Overview

On March 27th, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES Act), which provides funding to small businesses that have suffered losses from the pandemic.

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Georgia Real Estate Overview

Commercial Real Estate Coronavirus has had a massive impact on the commercial real estate industry. Tenants who were forced to shut down or greatly reduce their services have lost a large amount of income. This has a negative effect on not only their revenue but also the revenue of their landlords. Rent abatements and deferrals […]

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Restaurant Industry-June 9th

Restaurant Reservations As more states move toward opening up, restaurants around the company are opening up. Compared to last report in May 26th, restaurant reservations nationally improved from -85% YoY to -74% YoY. 43 states have either allowed restaurants to open for dine in or have plans to do so in the near future. Georgia […]

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Airline Industry-June 9th

TSA Checkpoint Since the last report for May 26th, TSA checkpoint numbers have been increasing at the same rate. June 5th was the first day in nearly 3 months that traffic had been over 400,000. Again, based on a linear trend of the current growth, TSA foot traffic will take 156 days to return ½ […]

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Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.

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