Hotel Industry: 8/23-8/29

Hotel Industry: 8/23-8/29 Hotel Weekly Update Nationally, hotel occupancy was down 23.2% compared to 2019 this week. Atlanta was 10th out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-34.1%), down from last week’s ranking of 5th out of 25. With Atlanta hotel occupancy being driven by conventions, […]

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Hotel Industry: 8/16-8/22

Hotel Industry: 8/16-8/22 Hotel Weekly Update Nationally, hotel occupancy was down 30.3% compared to 2019 this week. Atlanta was 5th out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-29.7%), down from last week’s ranking of 4th out of 25. Nationally, small metro/town and interstate hotels saw large […]

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Unemployment 9/28-10/2

Total preliminary initial unemployment claims were up +0.8% from the previous week. This is up 348 claims since last week, but marks the second increase in initial claims since May 9th, showing a slowdown in the trend of declination. The industry with the largest absolute uptick in new claims was Retail Trade, seeing a 31% increase in new claims, while the Professional, Scientific, and Technical Services industry saw a 46% increase in new weekly initial claims since last week. Meanwhile, Construction and Transportation & Warehousing both improved this week.

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Hotel Industry: 8/09-8/15

Hotel Industry: 8/09-8/15 Hotel Weekly Update Nationally, hotel occupancy was down 30% compared to 2019 this week. Atlanta was 3rd out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-28.2%), up from last week’s ranking of 4th out of 25. Small Metro/Town (57.5%), Interstate (53.9%), and Suburban (52.4%) […]

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Georgia Sales Tax: August

Georgia’s August gross sales and use collections grew +5.6% YoY. 6 industries posted negative growth this month. The top 3 industries that experienced the most sales tax growth YoY this month are other retail (+24.68%), auto (+19.69%), and other services (+8.26%).

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Unemployment 9/21-9/25

Total preliminary initial unemployment claims were down 13% from the previous week. This is similar to the number of initial claims two weeks ago, which was 42,085 for the week ended September 11th. The industry with the largest upticks in new claims was Construction, seeing a 31% increase in new claims, while the Arts, Entertainment, and Recreation industry saw a 23% increase in new weekly initial claims since last week. Meanwhile, Retail Trade and Accommodation and Food Services both improved this week.

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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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