Movie Theater Industry November 2nd
Movie theater foot traffic slightly increased between October 9th and October 23rd, inching up 1%. This doesn’t correspond with the regal cinema closures and film delays. There may be a discrepancy with the data.
Movie theater foot traffic slightly increased between October 9th and October 23rd, inching up 1%. This doesn’t correspond with the regal cinema closures and film delays. There may be a discrepancy with the data.
Restaurant Reservations stayed relatively stable over the last two weeks, with a slight decline. Casual dining establishments averaged 78% capacity in the last two weeks. This is up 2% from the last two weeks. Bars are up a similar amount, climbing 3% over the last report to 85% capacity. Fast food remains unaffected, it is slightly (2%) above what it was last year.
FAA traffic out of ATL is down 3% vs last month and down 39% of what it was last year. A contributing factor for higher air traffic vs passenger traffic is that one of Delta’s hubs is out of ATL. Since Delta has continued to fly their planes at only 60% capacity, they must fly more planes to meet customer demand.
Total preliminary initial unemployment claims were down -16% from the previous week. This is down 7,057 claims since last week. Among the most improved industries were Manufacturing, Transportation & Warehousing, and Accommodation and Food Services.
For the week of October 26-30, the Georgia public firms index dropped -7.8% in price since last Friday’s close, the first major drop in several weeks. The index is down -4.2% YTD, a sharp turnaround from this figure being positive last week. Notably, two of Georgia’s public REITs have made the list of the top 5 Worst Performing Firms YTD.
For the week of October 26-30, the index comprising 30 bonds was up 1.2% Year-to-Date, unchanged in this figure since last week. The index has been on a slow decline since its peak in early August.
Movie Theater Foot traffic From September 25th to October 9th, movie theater traffic increased by 1% year over year. However, as all 500 Cineworld locations shut down, expect for the next report for movie theater traffic to decrease again. This, along with more movies being delayed until next year, puts the movie theater industry in […]
Restaurant Reservations As of this week, restaurant reservations in Georgia are at 69% of what they were one year ago. This is a 10% lead over the national average where restaurant reservations are at 59% yoy. Two weeks ago, Georgia restaurant reservations were 5% lower on average then they are today. Casual Dining, Fast Food, […]
TSA Checkpoint traffic (National) An important milestone was hit last week for TSA traffic. For the first time since March, on October 18th, more than one million passengers travelled in a single day. Daily average traffic continues to climb, up 48k over the last two weeks. Average passenger throughput is down 63% over last year. […]
Hotel Industry: 10/11-10/17 Hotel Weekly Review Nationally, hotel occupancy was down 33.1% compared to 2019 this week. Atlanta was 3rd out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-29.5%), up from last week’s ranking of 5th out of 25. Nationally, hotel occupancy rates by location deteriorated in […]
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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