Florida Key Data Dashboard data from Visit Florida
Airline Data Inc data from Visit Fl.
This shows the change in the total number of airline seats scheduled to fly from non Florida domestic or international airports to Florida between 3/1 and 5/21/2020
BVK Covid-19 Essential Consumer Takeaways
BVK Covid-19 Essential Consumer Takeaways
BVK Covid-19 Essential Consumer Takeaways
BVK Covid-19 Essential Consumer Takeaways
Engine Covid – 19: Pulse of the consumer
https://enginegroup.com/us/stay-informed/covid-19-consumer/?utm_source=2019.11.26+CARAVAN+holiday+campaign&utm_medium=email&utm_term=CARAVAN&utm_content=2019.11.26+CARAVAN+holiday+campaign&utm_campaign=2019.11.26+CARAVAN+holiday+campaign
Engine Covid – 19: Pulse of the consumer
2 more deaths as of today
Kinsa health stats still on the decline!
Kinsa reports a decrease in atypical temperatures in Pinellas.
Pinellas is still above the expected but is currently in decline!
https://healthweather.us/
Note: Due to widespread social distancing, school closures, stay-at-home orders, etc. influenza-related illness levels are dropping in many regions. In some regions (e.g. CA) they’re dropping below the expected range for this time of year — which reduces the level of atypical illness to zero on our map.
Destination Analysts sentiment weekly tracker-
As COVID-19 spreads, so does its devastation on how Americans feel about travel. In the latest wave of Destination Analysts’ Coronavirus Travel Sentiment tracking study (collected March 20-22), nearly two-thirds (64.3%) of the 1,200+ American leisure and business travelers surveyed said their travel had been upended by the virus. This is up 20% from just one week prior and nearly six times what it was on February 22nd.
Destination Analysts sentiment weekly tracker-
Unfortunately, this impact appears to have resulted in more cancelled—rather than postponed—trips. As shown in the graphic below, 63.0% of American travelers who had travel affected by coronavirus have cancelled a trip (up from 55.1% on week prior), while the percent reporting they have postponed a trip has declined from 51.0% to 46.7%. Other reported impacts on travel—such as changing destinations–have not yet been significant.
One of the most challenging findings from this week’s survey is that the percent of American travelers optimistic the coronavirus situation will be resolved by the summer travel season has declined to 37.5%, down from 52.5% last week. What was seemingly a glimmer of hope just a week ago has been diminished.
One of the key factors in this week’s results are Baby Boomer travelers who, within a few days time, have gone from the generation reporting the least impact to their travel to the generation most impacted. A week ago, 38.2% of Boomer travelers reported their travel had been affected by the coronavirus situation, a figure that has dramatically risen to 73.1%. And while 51.0% of Boomer travelers agreed last week that the coronavirus situation would be resolved by the summer travel season; now just 28.2% feel that way.
These charts show the relative booking volume of flight and hotel bookings relative to January 2, 2020. Each of the lines shown are bookings relative to that particular sector (business travelers, solo or couple leisure travelers or family travelers with 3+ flyers). Data will be updated daily.
On the basis of the information the IOC has, postponement has been decided,” Pound said in a phone interview. “The parameters going forward have not been determined, but the Games are not going to start on July 24, that much I know.”
Pound, a Canadian who has been one of the most influential members of the IOC for decades, said he believes the IOC will announce its next steps soon.
Key Data dashboard 3/23/2020
Daily booking is key data show the home share market is at its lowest currently as of 3/16
https://www.tampabay.com/news/pinellas/2020/03/23/work-continues-at-the-st-pete-pier-even-as-fears-of-the-coronavirus-mounts/
Tampa Times article about the pier
Oxford economics recession risk chart
Only updated through 3/15
New York State Gov report- This is slides from how New York is responding to the greater number of cases.
New York State Gov report- This is slides from how New York is responding to the greater number of cases.
New York State Gov report- This is slides from how New York is responding to the greater number of cases.
New York State Gov report- This is slides from how New York is responding to the greater number of cases.
New York State Gov report- This is slides from how New York is responding to the greater number of cases.
Tampa Times reporting3/23/2020
John Hopkins stats 3/23/2020
Bing map of Florida cases 3/23
Flights map as of 3/23 2020 4 pm
Commercial traffic includes scheduled passenger or cargo flights operated by an airline. Excluded here are non-scheduled private flights, general aviation, gliders, and balloons.
Commercial air traffic down 10% in March 2020
The major decline in commercial traffic began during the third week of January and accelerated in to February before making a modest recovery toward the end of the month into the first week of March as China restarted some flights. In the second week of March, governments around the world began implementing restrictions on travel that have led to a further—and continuing—decrease in the number of flights operated globally. This trend has increased sharply this week.
Above is the 7-day moving average of all flights tracked by Flightradar24 from May 2016 to 19 March 2020
From Oxford Economics showing how countries are trying to flatten the curve.
Tampa Times Article
Experts say we must "flatten the curve" to slow the spread of coronavirus. Florida is just starting that process, but so far the curve is growing. The state is now tracking more than 300 known cases and eight deaths, according to health officials. The chart above shows how many cases state health officials have reported each calendar day. State officials also said that coronavirus is suspected or confirmed in 19 long-term care facilities in Florida, potentially exposing hundreds of the state’s most vulnerable people to the virus. And here's the kicker: they're refusing to identify the facilities, citing privacy concerns
Sojern-
YoY hotel bookings in Florida (which is showing upward trend as of March 8)
US Travel Main stats
2/3 of people are concerned about the impact on their personal finances
Only 58.5% think the situation is going to get worse next month
It is split 50/50 if the current situation has affected a person’s travel plans
Of the people that had effected plans half canceled and the other half postponed or changed destination
56% of people got refunds for their cancellation
most people are not even sure/neutral if they want to see travel marketing
This is the end of the sentiment slides
Coronavirus has spread more widely and rapidly than expected
157 countries have imposed some type of travel restriction. That is 90% of all international travel
Two scenarios for global travel
Economy and international travel
International travel this year is going to fall by 20%
The effects are worldwide
Everyone is feeling it
Percentage of manufacturing that is contracting leading into a recession
The most acute losses will be in the red and yellow, the discretionary funds
Historical precedence for the 3rd and 4th quarter resurgence
Oxford economics models
Tourism economics models expects an awful Q1 but massive growth in Q2,see below
Profile of what we think for the travel industry
March is a true freefall but they are currently forecast the recovery in the April as we move through the year
Effects on unemployment are going to be dramatic
Unemployment going to surge to 10% they are forecasting
Travel on its own pushing unemployment from 3% to 6% alone
Loss of 18 billion visitors
50billion loss of revenue in travel- twice as much as 9/11
355 billion in rev with domestic travel spending
55 was 9/11
6 times the impact currently
Occ in US still at 52%, still dropping- when this week comes in it should be more like Italy and China
You could look at this chart and say that the US is faring better then China/Italy, but it could also be said that people are not heading the word of the CDC to social distance and self-quarantine. Potentially prolonging the pandemic.
Perhaps 18% drop and big rebound- simply because it has always happened
Economic collateral damage that will have to be worked through
The degree to which it declined is unprecedented but the nature of it is not
The year and degree is different but the pattern should be the same
STR occ levels
Sojern
With lowered prices and lenient cancelation policies the flight searches have rebounded
Sojern
3/19 4pm
3/19 4pm
John Hopkins 3/19
STR data 3/8- 3/14
3/1- 3/7
Weekly file from STR
3/1- 3/7
Weekly file from STR
Key data dashboard
https://keydatadashboard.com/coronavirus-impact-report-on-short-term-vacation-rental-regions/
Key data dashboard
https://keydatadashboard.com/coronavirus-impact-report-on-short-term-vacation-rental-regions/
This is from the SparkLoft
3/12/2020 webinar
This is from the SparkLoft
3/12/2020 webinar
North American Covid- 19 Baromenter
March 9th 2020 Update
Demographic of respondents
North American Covid- 19 Baromenter
March 9th 2020 Update
Bing map 3/16/2020 noon vs 3/17/2020 5pm
https://www.bing.com/covid
Tampa Times Covid -19 3/16/2020 12pm
https://www.tampabay.com/coronavirus/
http://www.floridahealth.gov/diseases-and-conditions/COVID-19/
Adara 3/16/2020 12pm
Week ending 3/7/2020 RevPAR for the U.S. down 11.6%
It is spread across the board in each segment( meetings, leisure) and (upper, middle, economy) one segment isn’t faring better than the other nationally in the top 25 markets
Double digit declines for the foreseeable future
China closed 2600 hotels and occupancy was in single digits at the end of January, as of today have about 80% back open and are slowly back on the incline
This slide shows China and Italy’s occupancy in line with the U.S. based on occupancy from when the levels start to drop. It is very telling of the depth that this can reach down into the single digit Occ.
https://coronavirus.jhu.edu/map.html
John Hopkins source
Demand for vacation rentals has suffered some significant setbacks, but the supply trend doesn’t seem to match the noise in the wider travel industry. Expectations may be low, but vacation rental hosts are, for all intents and purposes, open for business.
Air DNA Blog
https://www.airdna.co/blog/coronavirus-impact-on-global-short-term-rental-markets
FlightRadar24-
Commercial air traffic down 7.2% in March 2020
The decline has continued since February, when flights were down 4.3% compared to 2019, as airlines and governments respond to the spread of the novel coronavirus COVID-19. Through 15 March, we have tracked 1,514,780 commercial flights (out of 2,605,413 total flights). For the same 15 days in March 2019, commercial flights tracked were 1,633,065 (out of 2,564,867 total).
Number of scheduled flights is dropping fast, but many are replaced by rescue flights to bring citizens home, which keeps tracking numbers up. Currently airline after airline is grounding their fleet & we expect a big drop in number of tracked flights before the end of this week.
https://www.flightradar24.com/blog/commercial-air-traffic-now-down-7-2-in-march/
With data for 15 March 2020 included, our moving average of the total flights tracked has now dipped below the 2019 average for the first time.
https://www.flightradar24.com/blog/commercial-air-traffic-now-down-7-2-in-march/
FlightRadar24- Flight map as of 4pm 3/17/2020
STR Weekly National Hotel
This is the occupancy over the last 12 weeks
It shows how Pinellas was having occupancy levels very close to last year, in the next slide is shows that the ADR has been higher in the last 12 weeks showing the higher RevPAr following
Around Feb 28th was cali 1st case and march 8th was floridas, so in this time is when we see the begginings of the decline
STR Weekly National Hotel
STR Weekly National Hotel
STR Weekly National Hotel
You can see the Tampa metro area is in decline in the teens not twenties or thirties like other metro areas are seeing
STR Weekly National Hotel
Occ this last week held at around 70% but will still decline further next week
STR Weekly Destination
STR Weekly Destination
STR Weekly Destination
Pinellas is average occ is at 79.5 for last week, showing our strong market over Tampa
ADR held with only a -4.5% drop
And RevPAR declined -17.3% year over year
Key data,
Global Bookings by Lead Time
For home share- the 0-30 days booking had a spike globally but then immediately declined
Occupancy is down year over year in booking is the -55%- -80%
Key Data,
Impacts of COVID-19 on the Vacation Rental Industry in the United States
Updated on March 16,2020
Starting mid Feb you see the large drop off of booking for vacation rentals of past 50%
Cancelations ballooned for the March timespan and are hovering around 15% AFTER may, but will continue to change as events unfold
Adara
There was an increase in U.S. travel for leisure ¾- 3/12, but then a large decrease across all sectors.
Hotel leisure and non leisure travel declines dramatically after 3/14
