- Our April Leisure eNewsletter is now available April 19, 2022
- Our March Leisure eNewsletter is now available March 14, 2022
- The February edition of our Leisure eNewsletter is now available ￼ February 15, 2022
- What they fail to explain about vaccines, Delta, and masks September 13, 2021
- No, the pandemic hasn’t ended. It’s still having a significant impact on indoor family and children’s venues July 8, 2021
Category Archives: Consumer expenditures
When, if ever, will location-based entertainment become profitable again?
There are a number of factors that will determine when LBEs will be profitable again including the share of the population at high risk of Covid-19. Here’s the latest data and predictions. Continue reading
Who’s ready to return to out-of-home entertainment and cultural experiences?
Now that states are starting to allow businesses to open and the lockdown is winding down, will people return to out-of-home (OOH) entertainment and cultural experiences? Our company has access to a large number of national U.S. polls with very current data. So, I dug into the data of some of them to see what people are saying. Continue reading
The inconvenient truth – almost all location-based entertainment business models are now obsolete
Our company prides itself in using research to identify trends and guide our clients to future-proof their location-based entertainment centers (LBEs), which includes the categories of family entertainment centers (FECs), social eatertainment venues and agritainment/agritourism farms. As they say in … Continue reading
Household spending at community-based entertainment and restaurants exceeds spending in the year 2000
Household spending at community-based entertainment venues and restaurants exceeds spending in 2000. Continue reading
The Tchotchke Index is down, but has discretionary spending on OOH entertainment turned the corner?
The Tchotchke Index is down, but other consumer spending is up. What does this mean for location-based leisure venues? Continue reading
It’s no longer about targeting the middle class
Back at the end of the 20th Century when indoor family entertainment centers (FECs) first took off, they targeted the middle class as their primary customer. Society has changed a lot since then. . . The middle class is no longer the target market of choice for location-based entertainment (LBE) of all types, including what are broadly termed as family entertainment centers (FECs). Continue reading
Update on location-based entertainment spending trend
Our company has been tracking the long-term trend in location-based entertainment spending that has shown a decline started around the turn of the century. We now have new, more current data thru June 2014 . . . Continue reading
Exactly Who Are the Affluents?
In our recent White Paper we described Affluents as people with personal incomes in excess of $70,000 who predominately live in households with two or more income earners with total household incomes of $100,000 or greater. We used that simple definition for brevity. However it is really more complicated than that, as household size has an impact of how much money it takes to live comfortably. Continue reading
The Tchotchke Index Tracks Location-Based Entertainment Spending
American’s spending on tchotchkes—trinkets, junk, yard sale finds, gift shop items, home decor trinkets and other decorative items for the home—is an excellent measure of their impulse spending . . . Continue reading
Millennials aren’t necessarily who you think they are
The press continually implies that Millennials are a homogeneous group of approximately 19- to 34-year-olds. Nothing could be further from the truth. . . Continue reading
Travel spending on entertainment & dining takes a staycation nosedive
The U.S. Commerce Department has reported that spending on travel and tourism during the 1st quarter of 2014 decreased at an annual rate of 1.0%. However, spending on recreation and entertainment turned down dramatically . . . Continue reading
American’s Optimistic on Spending for Entertainment and Restaurants
Things have definitely turned the corner compared to early 2009 when three-quarters of consumers were planning on reducing spending for entertainment and restaurants Continue reading
Travel expenditures since 2005 and the Great Recession
Earlier this year The Bureau of Labor Statistics posted a graph showing that 2011 household travel expenditures had decreased 6% from their peak in 2007. However, they didn’t adjust for inflation. The decrease is actually much more severe. Continue reading