Trending...
- Counseling Center of New Smyrna Beach Expands Affordable Mental Health Services for Volusia County
- NoviSign Sponsoring VARTECH 2025 - the B2B IT channel's #1 event
- TEAMSTERS STRIKE GREEN THUMB INDUSTRIES OVER UNFAIR LABOR PRACTICES
Events drive millions of people to key locations every week, causing demand surges that - for unprepared businesses - cause long waits, poor service and out-of-stocks. New research reveals 12 major US cities will experience unusually high event impact in December.
SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ -- The December 2022 Event Index reveals 12 cities that need to prepare for unusually busy weeks as sports, major concerts and the key holiday festivals events drive millions of people into cities across America. Philadelphia, Baltimore, Charlotte, Miami and more will experience the biggest demand surges, which catch businesses unawares if unprepared leading to lost revenue, stressed staff and poor service, or welcome to greet the rush of demand and make the most of it.
The 12 cities were identified using the PredictHQ Event Index: a unique algorithm per city to identify the impact of upcoming events, comparing it to each city's unique five years of previous event data. The Event Index generates a score out of 20 per week per city, with anything over 15 being notably higher event activity. The index and report is produced by demand intelligence company PredictHQ, which aggregates, verifies and enriches event data that is then used by companies such as Accor Hotels, Uber and Domino's Pizza in demand forecasting and planning.
More on The PennZone
The cities with the highest Event Index scores and therefore the most impacted by events are:
With more than 11,800 events with 2,500+ attendees taking place in the United States in December, businesses can tap into the people movement and billions of dollars in demand that these events drive. This is especially true for the cities experiencing unusually high people movement, also known as footfall that can be tapped into to drive demand. The cities with the highest peaks are detailed in this new report.
"While we all know Christmas and New Years Eve can have a major impact on many businesses, tracking impactful events such as expos and concerts ensures you can have the right amount of staff and stock ready every time. Knowing these 12 major cities will experience unusual demand surges - on top of holiday travel and purchasing pattern quirks - means you can make the most of them, rather than wondering why your locations weren't ready," PredictHQ CEO Campbell Brown says. "Each city is a bit different when it comes to what's driving demand, and when. For example, while most city's events peak in the first week of December, Miami is set for a huge week just prior to Christmas, so will have a different demand pattern (and therefore staffing requirements) than many other cities.
More on The PennZone
PredictHQ tracks 19 categories of events globally, including expos, concerts and sports; but also non-attendance-based events such as school holidays and college dates, as well as unscheduled events such as severe weather incidents. This breadth of event coverage is critical for the Event Index, as the peak weeks are caused by many overlapping large and small events.
While the Event Index provides an accurate look ahead at people movement, it is designed to be a simple entry-point to the demand intelligence PredictHQ offers. Industry leading companies in on-demand, accommodation, QSR and transportation use PredictHQ's verified and enriched event data to inform staffing decisions, pricing and inventory strategies, and many other core business decisions.
For more information on PredictHQ please visit www.predicthq.com.
About PredictHQ
PredictHQ, the demand intelligence company, empowers global organizations to anticipate changes in demand for their products and services through intelligent event data. PredictHQ aggregates events from 350+ sources and verifies, enriches, and ranks them by predicted impact so companies can proactively discover catalysts that will impact demand.
Media Contact:
[email protected]
SOURCE PredictHQ
SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ -- The December 2022 Event Index reveals 12 cities that need to prepare for unusually busy weeks as sports, major concerts and the key holiday festivals events drive millions of people into cities across America. Philadelphia, Baltimore, Charlotte, Miami and more will experience the biggest demand surges, which catch businesses unawares if unprepared leading to lost revenue, stressed staff and poor service, or welcome to greet the rush of demand and make the most of it.
The 12 cities were identified using the PredictHQ Event Index: a unique algorithm per city to identify the impact of upcoming events, comparing it to each city's unique five years of previous event data. The Event Index generates a score out of 20 per week per city, with anything over 15 being notably higher event activity. The index and report is produced by demand intelligence company PredictHQ, which aggregates, verifies and enriches event data that is then used by companies such as Accor Hotels, Uber and Domino's Pizza in demand forecasting and planning.
More on The PennZone
- Reported in the Journal of the American Medical Association (JAMA): Bariatric surgery offers greater weight loss, lower costs over time compared to GLP-1s, Highmark Health research demonstrates
- Pennsylvania's Potter-Tioga Region Named a Top Five Fall Destination by USA TODAY
- Agemin Unveils Breakthrough AI Model for Biometric Age Estimation, Setting New Standards in Online Child Safety
- Strategic Partnerships with Defiant Space Corp and Emtel Energy USA Powerfully Enhance Solar Tech Leader with NASA Agreements: Ascent Solar $ASTI
- 120% Revenue Surge with Four Straight Profitable Quarters Signal a Breakout in the Multi-Billion Dollar Homebuilding Market: Innovative Designs $IVDN
The cities with the highest Event Index scores and therefore the most impacted by events are:
- Las Vegas for two weeks from 12/4
- Philadelphia two weeks from 12/4
- Phoenix for the week starting 12/4
- Miami for the week starting 12/18
- Baltimore for the weeks starting 12/4
- Tampa for the week starting 12/4
- Read the full list of peak weeks for the 16 cities in the report
With more than 11,800 events with 2,500+ attendees taking place in the United States in December, businesses can tap into the people movement and billions of dollars in demand that these events drive. This is especially true for the cities experiencing unusually high people movement, also known as footfall that can be tapped into to drive demand. The cities with the highest peaks are detailed in this new report.
"While we all know Christmas and New Years Eve can have a major impact on many businesses, tracking impactful events such as expos and concerts ensures you can have the right amount of staff and stock ready every time. Knowing these 12 major cities will experience unusual demand surges - on top of holiday travel and purchasing pattern quirks - means you can make the most of them, rather than wondering why your locations weren't ready," PredictHQ CEO Campbell Brown says. "Each city is a bit different when it comes to what's driving demand, and when. For example, while most city's events peak in the first week of December, Miami is set for a huge week just prior to Christmas, so will have a different demand pattern (and therefore staffing requirements) than many other cities.
More on The PennZone
- Leading Venture Capital Firms Recognize Wzzph Exchange's Technical Architecture and Security Framework as Industry Benchmark
- DivX Unveils Major DivX Software Update: Seamless Video Sharing and Customizable Playback Now Available
- New Dumpster Calculator Helps Homeowners Avoid Common $500+ Overage Fee Mistakes
- Nespolo Mechanical Helps New Mexico Families Save Thousands on Heating Costs This Fall
- Leading Digital Finance Platform YNQTL Launches Revolutionary Web3 Digital Asset Trading Platform
PredictHQ tracks 19 categories of events globally, including expos, concerts and sports; but also non-attendance-based events such as school holidays and college dates, as well as unscheduled events such as severe weather incidents. This breadth of event coverage is critical for the Event Index, as the peak weeks are caused by many overlapping large and small events.
While the Event Index provides an accurate look ahead at people movement, it is designed to be a simple entry-point to the demand intelligence PredictHQ offers. Industry leading companies in on-demand, accommodation, QSR and transportation use PredictHQ's verified and enriched event data to inform staffing decisions, pricing and inventory strategies, and many other core business decisions.
For more information on PredictHQ please visit www.predicthq.com.
About PredictHQ
PredictHQ, the demand intelligence company, empowers global organizations to anticipate changes in demand for their products and services through intelligent event data. PredictHQ aggregates events from 350+ sources and verifies, enriches, and ranks them by predicted impact so companies can proactively discover catalysts that will impact demand.
Media Contact:
[email protected]
SOURCE PredictHQ
Filed Under: Business
0 Comments
Latest on The PennZone
- ENTOUCH Completes $50 million Funding Round
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI
- Nebuvex Acknowledges Platform "Too Secure" for Anonymous Traders; Institutional Investors Disagree
- From Tokyo to Berlin: FreeTo.Chat Unites Cultures with the World's First Confession VRX — EmojiStream™
- Promising New Preclinical Therapy Offers Hope in the Development of Precision Medicine Treatments for Aggressive Cancers
- AZETHIO Launches Multi-Million Dollar User Protection Initiative Following Unprecedented Platform Growth
- Matecrypt Observes South American Cryptocurrency Adoption Surge Amid Economic Shifts
- Assent Uncovers Over 695 Unique PFAS Across Global Supply Chains as Regulations Increase
- Cryptocurrency Quarterly Trading Volume Surpasses $15 Trillion Record High as BrazilNex Acknowledges Industry 'Growing Pains' Amid Market Speculation
- AHRFD Initiates Legal Proceedings Against Anwalt.de for Publishing Defamatory and False Content
- New Analysis Reveals the Complex Forces Driving the 'Great Human Reshuffle'
- Elevate Unveils GroundComm X30 at 2025 International GSE Expo in Las Vegas
- NEW power supply release from Kepco Dynatronix - HSP Advanced
- St. Augustine Honors Hispanic Heritage Month
- Vesica Health Receives AUA Guideline Inclusion
- Steward's Plumbing Sponsors the 2025 Samson Challenge, Bringing Community, Fitness, and Fun Together in Albuquerque
- What Has The Thought Processes of Religion Become: Thou Shall Not Kill
- Berger Montague Investigates Hims & Hers Health Inc. (NYSE: HIMS) Board of Directors for Potential Breaches of Fiduciary Duties
- WorldUpstart Expands Global Footprint to Bring Healthcare Innovation to the U.S. Market
- 10xLaw.com Extends Employment Opportunity to Kim Kardashian