AAA expects that 119.3 million people will travel 50 miles or more from home over the year-end holiday period running from Dec. 21 to Jan. 1, an increase of 3 million compared to last year.
Americans like to travel, and driving remains our favorite mode of transportation, by far. Nearly 90% of holiday travelers will drive to their destination. The 107 million people expected to travel by car is 2.5 million higher than last year but just under the record 108 million in 2019.
With this increase in travel, one thing is certain: there’ll be more visits to the gas stations and their trusty companions, convenience stores.
The store owners and operators are accustomed to this seasonal load in well established locations, but what about a new location that you are considering buying? It would be great to learn about traffic fluctuations before you make this expensive investment in the future of your business.
The solution to this challenging task is offered by Ticon. We are data analysts with traffic engineering roots, with an inherent understanding of unique challenges faced by retail real estate.
We have been working with retail site location analysis since 2016, and through these years, we have seen real estate companies achieve substantial gains in net operating income through more efficient operating models, stronger customer experience, tenant retention, new revenue streams, and smarter asset selection, based on our strategic information.
When you are ready to learn how to painlessly apply the benefits of comprehensive retail store location and site selection analytics to your business, give us a call.
