The July 2022 Event Index reveals 10 cities spanning the USA that are set to experience very high volumes of large events in July. With more than 9,700 events with 3,000+ attendees taking place in July, businesses can tap into the people movement and billions of dollars in demand these drive. This is especially true for the ten cities detailed extensively in the report due to … [More]
97% of Hotels Report Staffing Shortages, Multi-Channel Ad Campaign May Help
Nearly all hotels are experiencing staffing shortages, and half report being severely understaffed, according to a new member survey conducted by the American Hotel & Lodging Association (AHLA). Ninety-seven percent (97%) of survey respondents indicated they are experiencing a staffing shortage, 49% severely so. The most critical staffing need is housekeeping, with 58% … [More]
Are You Game? How Gaming and Sporting Events Are a ‘Big Win’ for Our Economy
Gaming and sports have gone together for a long time; the new trend in sportsbooks brings it out of odds-makers’ back rooms and into prominent display. A Powerhouse Punch on the Economy “With nearly $2.8 billion wagered, the positive economic boosts from regulated sports wagering have been vast and should only trend upward as the market matures,” says Christopher Boan, … [More]
Robert Miguel, Arizona Indian Gaming Association
Gaming and sporting events go together hand-in-glove, but each stands on its own and has a long history of success here in the Valley — as an entertainment draw and an economic driver. Indian Gaming, specifically, is essential to the economic well-being of not only Tribal Nations — providing employment, education, enhanced services and economic development opportunities — … [More]
The Great Money Bubble
Americans are facing sticker shock at every turn: from the gas pump to the grocery store and every kind of consumer service. But the eye-popping price increases are just the tip of the iceberg in terms of the threat to the country’s economic recovery. Inflation showers windfalls on the rich while penalizing workers, savers, retirees, small businesses and most of Main Street … [More]
Phoenix a Top Industrial Market to Watch, Says New Report
Phoenix has been named a Top Industrial Market to Watch by Cushman & Wakefield. While major industrial and logistics markets capture most of the headlines, industrial occupiers and investors know that dozens of secondary markets are essential to supply chains in the U.S. Of the 81 industrial markets Cushman & Wakefield tracks, the firm selected five emerging industrial … [More]
Six Fast-Emerging Trends Impacting the Warehouse Automation Industry
Warehouse and distribution centers (DCs) are grappling with a significant and ongoing labor shortage. Increased wages and benefits haven’t been enough to reverse the trend. Ever-increasing demand for faster delivery, and ongoing macro supply chain disruption add to the challenge. Warehouse safety issues also remain a problem for recruitment and retention of … [More]
Despite Continued Travel Demand, Phoenix Ranks ‘Best Departure Value’ to Europe
CheapAir.com has published its latest year-over-year study, analyzing over 24 million flights to Europe to identify how much airfare has changed since this time last year. With inflation impacting travel costs for much of 2022, it is a pleasant surprise that international airfare to Europe is down 15.1% with the lowest average price coming in at $908 as compared to $1,070 last … [More]
Demand for Vacation Homes Is Now Below Pre-Pandemic Levels, Says Report
Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic in May, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from a revised rate of 3% above pre-pandemic levels a month earlier, and 70% above pre-pandemic … [More]
Real Estate Data Reveals Struggles of Property Owners and Service Providers to Better Manage Work
Lessen, the marketplace platform uniting property owners and service professionals to deliver property services, announced the results of a survey indicating how owners and service providers utilize technology to help them overcome economic hurdles and make their jobs easier overall. The survey, which focuses on challenges that real estate professionals face in growing their … [More]
Crypto Crash: See What Arizona Workers Would Have Each Lost if Salaries Paid in Crypto
A recent survey by CouponBirds conducted prior to the recent crash in crypto currencies revealed that the average Arizona employee would have liked to have received 32% of their monthly salary in a virtual currency. The company, which is a provider of consumer information about real-time deals and savings, applied this percentage to the current value of Bitcoin and determined … [More]
