Hotel Industry: 6/7-6/13

Hotel Industry Overview: 6/7-6/13 Hotel Weekly Update Nationally, hotel occupancy was down 43.4% compared to 2019 this week. Atlanta was 6th out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-42.30%), a decline from the #3 spot held at the end of May. Overall, occupancy rates appear to […]

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Impact on Residential Showings

It’s no surprise that buying and selling houses has changed during this pandemic. It’s hard to say if these new practices will remain in place in the future or if things will go back to the way they were before COVID-19 hit. I suspect that at least some things will be forever changed, such as […]

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Retail Square Footage Per Capita Comparison

The United States had a total of 8.5 billion retail square feet as of December 2019. This equals 24.5 square feet per capita, which is very high, especially compared to the European average of 4.5 square feet per capita. Metro Atlanta has 16.3 retail square feet per capita. The below chart shows a comparison of […]

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Airline Industry-July 6th

TSA Checkpoint Another milestone was reached last week; TSA checkpoint traffic exceeded 750k this July 4th holiday week, putting foot traffic through TSA checkpoints at 1/3 of pre corona traffic. At this rate of recovery, derived from a linear regression, expect to see pre-corona levels of traffic in 292 days. Though the TSA announced that […]

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Restaurant Industry-July 6th

Restaurant Reservations Another anomaly in restaurant reservations numbers this week, with Georgia seeing a sharp 27%yoy jump up July 3rd, followed by a steep drop of 31%yoy the following day. It is unsure whether this is from the uptick in corona cases in the US, from the holiday weekend, or a combination of both. Casual […]

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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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