Medical Tourism Market to Reach $273.72 Bn, Globally, by 2027 at 12.8% CAGR: Says Allied Market Research

PORTLAND, Ore., Jan. 14, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Medical Tourism Market by Treatment Type (Dental Treatment, Cosmetic Treatment, Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027.» According to the…

PORTLAND, Ore., Jan. 14, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Medical Tourism Market by Treatment Type (Dental Treatment, Cosmetic Treatment, Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027.» According to the report, the global medical tourism market was pegged at $104.68 billion in 2019 and is anticipated to reach $273.72 billion by 2027, registering a CAGR of 12.8% from 2020 to 2027.

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Key determinants of the market-

Affordable good quality care, accessible information and care, and support from government agencies and associations fuel the growth of the global medical tourism market. On the other hand, limited coverage, lengthy partial reimbursement by payers, and difficulties related to travel, language barriers, and VISA approval issues impede the market growth. However, overseas promotion offers and wide hospital networks under insurance coverage for cashless transactions usher a plethora of opportunities in the near future.

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Covid-19 scenario:

  • The global medical tourism industry has been through an unprecedented disruption during the Covid-19 outbreak, which resulted in uncertainty in demand for various medical products and industrial applications.
  • Prolonged lockdown, on the other hand, disrupted the supply chain which affected the manufacturing processesas well as created shortage of raw materials.
  • China and India, which are amongst the major medical tourism destinations have undergone adverse impact due to the Covid-19 outbreak and country-wise lockdown. Also, travel restrictions and postponement of cross-border travels further affected the medical tourism market.
  • The government bodies, however, are now initiating to loosen up the regulations, which may assist the industry to recoup soon.

The cancer treatment segment dominated the market in 2027-

Based on technology, the cancer treatment segment accounted for the largest share in 2019, with nearly one-fifth of the global medical tourism market. This is attributed to increase in the number of cross-border travelers seeking quality cancer treatment and reduced cost in different countries. On the other hand, the orthopedic treatment segment is projected to register the highest CAGR of 14.8% during the forecast period. Orthopedic treatment is one of the widely performed services globally. This factor drives the growth of the segment.

Asia-Pacific to rule the roost, North America to grow at a pace by 2027-

Based on region, the global medical tourism market across Asia-Pacific dominated in 2019, with more than one-third of the market. Additionally, the region is also anticipated to manifest the highest CAGR of 13.6% during the forecast period. This is owing to the availability of quality care at relatively low cost of treatments, inexpensive flights, and increase in marketing & online consumer information about the accessibility of medical services. At the same time, the market across North America is expected to grow at a CAGR of 11.4% during the forecast period.

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Key market players-

  • Aditya Birla Memorial Hospital
  • Apollo Hospitals Enterprise Limited
  • Asian Heart Institute
  • Barbados Fertility Center
  • Fortis Healthcare Limited
  • KPJ Healthcare Berhad
  • NTT Medical Center Tokyo
  • Prince Court Medical Centre
  • Samitivej PCL
  • Seoul National University Hospital
  • Wooridul Spine Hospital.

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About Us                                                                                                      

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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SOURCE Allied Market Research

In year of pandemic, Ontario International Airport saw surge in cargo; passenger volume cut in half

ONTARIO, Calif., Jan. 14, 2021 /PRNewswire/ — Despite the staggering impact of the COVID-19 pandemic on global aviation, Ontario International Airport (ONT) looks forward to maintaining its position as a leading cargo hub and welcoming back air travelers in greater numbers in 2021.

<a href="https://mma.prnewswire.com/media/1420405/Freight_FedEx.html" target="_blank"…

ONTARIO, Calif., Jan. 14, 2021 /PRNewswire/ — Despite the staggering impact of the COVID-19 pandemic on global aviation, Ontario International Airport (ONT) looks forward to maintaining its position as a leading cargo hub and welcoming back air travelers in greater numbers in 2021.

Two weeks into the New Year, airport officials announced final statistics for 2020, with cargo volumes growing more than 18% year-over-year, while the number of passengers who traveled through ONT was down more than 50%.

For the year, ONT processed nearly 900,000 tons of commercial freight, 18.2% higher than the previous year. Freight shipments increased by double-digits in 10 months in 2020 and by more than 20% in six months. Mail shipments increased almost 17% to more than 25,000 tons last year.

In December, freight tonnage totaled more than 93,000 tons, 6% higher than the same month in 2019 while shipments of mail grew 340% to more than 3,600 tons.

Air cargo

(tonnage)

December

2020

December

2019

Change

YTD

2020

YTD

2019

Change

Freight

93,622

88,228

6.11%

898,188

760,045

18.2%

Mail

3,662

832

340.41%

25,635

21,948

16.8%

Total

97,284

89,060

9.23%

923,823

781,993

18.1%

«Ontario solidified its position as a leading air cargo hub in 2020,» said Mark Thorpe, chief executive officer of the Ontario International Airport Authority. «Working closely with our freight partners, we not only withstood the surge in e-commerce shipments early in the year, we ramped up quickly to manage double-digit increases in commercial freight volume as Californians hunkered down at home and shopped online for vital household supplies.»

As for passenger travel, more than 2.5 million air travelers moved through ONT last year, roughly half as many as 2019. Domestic passengers totaled more than 2.4 million while the number of international travelers exceeded 95,000, decreases of 53% and 68%, respectively. In December, as public health officials urged Americans to avoid non-essential travel, passenger volume declined nearly 63% to 190,000. Domestic travelers numbered more than 182,000 and international passengers 7,000, decreases of 62% and 73%, respectively.

Even with the decline, ONT fared significantly better than most airports in California and across the world. Recent projections show air passenger volumes globally fell at least 60% in 2020 as a result of the pandemic.

Passenger

Totals

December

2020

December

2019

Change

YTD

2020

YTD

2019

Change

Domestic

182,779

485,086

-62.32%

2,443,042

5,279,722

-53.7%

International

7,755

29,703

-73.89%

95,440

304,010

-68.6%

Total

190,534

514,789

-62.99%

2,538,482

5,583,732

-54.5%

«Despite the challenging passenger numbers for 2020, several airline partners restarted service to popular destinations in the second half of the year and announced additional routes for the first half of 2021,» Thorpe said. «We stand ready to support airlines operating at Ontario and we are eager to welcome back our customers as coronavirus vaccines become more widely available and travel routines return to more normal levels.»

About Ontario International Airport
Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers. Located in the Inland Empire, ONT is approximately 35 miles east of downtown Los Angeles in the center of Southern California. It is a full-service airport which, before the coronavirus pandemic, offered nonstop commercial jet service to 26 major airports in the U.S., Mexico and Taiwan. More information is available at www.flyOntario.comFollow @flyONT on Facebook, Twitter, and Instagram   

About the Ontario International Airport Authority (OIAA)
The OIAA was formed in August 2012 by a Joint Powers Agreement between the City of Ontario and the County of San Bernardino to provide overall direction for the management, operations, development and marketing of ONT for the benefit of the Southern California economy and the residents of the airport’s four-county catchment area. OIAA Commissioners are Ontario Mayor Pro Tem Alan D. Wapner (President), Retired Riverside Mayor Ronald O. Loveridge (Vice President), Ontario City Council Member Jim W. Bowman (Secretary), San Bernardino County Supervisor Curt Hagman (Commissioner) and retired business executive Julia Gouw (Commissioner).

OIAA Media Contact:
Steve Lambert, (909) 841-7527 slambert@flyontario.com

 

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SOURCE Ontario International Airport

2021 Honda Ridgeline Arriving Next Month Ready to Rumble with Rugged New Look

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested…

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,4901.

Ridgeline continues to bring unmatched versatility, including the segment’s largest interior for passengers and gear, a brilliantly versatile bed featuring the class-exclusive In-Bed Trunk® lockable storage compartment, and best-in-class standard AWD model payload capacity.

For the 2021 model year, Ridgeline features all-new sheet metal from the front roof pillars forward, including a new hood with a pronounced power bulge, a new squared off nose and upright grille, and new front fenders. Flanking the grille are new, brighter LED headlights bisected by the crossbar atop the grille, which is painted gloss black on Sport trims and Black Edition, and is chrome plated on RTL and RTL-E. The body-color lower front bumper further accentuates the Ridgeline’s tough new look with a prominent skid plate and broad side vents that create air curtains to route air through the bumper and around the front tires and wheels to improve aerodynamic performance. A reshaped rear bumper exposes aggressive new twin exhaust outlets, and all Ridgeline trims feature tougher looking 18-inch wheels and an additional 20 mm of track width to give Ridgeline a broader, more planted stance. New tires top off the more rugged look with a more aggressive sidewall and shoulder design. Ridgeline also adds a new Radiant Red Metallic to its exterior color palette.

A new HPD Package was developed in collaboration with Honda Performance Development (HPD), Honda’s U.S.-based racing company, and adds a unique grille treatment, an HPD emblem, black fender flares, aggressive bronze-colored wheels, and special HPD graphics on the side of the bed—for a suggested retail price of $2,800. It’s one of four new post-production option packages available on all Ridgeline trims that include Utility ($1,465), Function ($270), and Function+ ($1,315).

Inside, the 2021 Ridgeline adds a physical volume knob for the audio system, and wireless phone charging. Plus, all Ridgeline trims get new contrast stitching on the seats; Sport trims add new cloth seat inserts; and Sport, RTL and RTL-E trims have new dash, steering wheel and center console accents. Ridgeline’s spacious cabin offers top-class passenger comfort and rear-seat legroom, with a flat floor and foldaway 60/40-split rear seat bottoms, offering enhanced flexibility for carrying long and tall items in the cabin.

A 280-horsepower, 3.5-liter direct-injected VTEC® V6 backed by a smooth and responsive 9-speed automatic transmission powers every 2021 Honda Ridgeline, with i-VTM4® torque-vectoring all-wheel drive now standard across the lineup. The i-VTM4® system automatically sends up to 70 percent of the engine’s 262 lb.-ft. (SAE net) of torque to the rear wheels and continuously apportions 100 percent of that torque between the left and right rear wheels based on driving conditions at each wheel. Ridgeline’s standard Intelligent Traction Dynamics System further optimizes power delivery and distribution in various conditions, including snow, pavement, mud and sand.

All 2021 Honda Ridgelines come standard with the Honda Sensing® suite of safety and driver-assistive technologies, featuring Collision Mitigation Braking System™ (CMBS™) with Forward Collision Warning (FCW), Lane Keeping Assist System (LKAS), Road Departure Mitigation (RDM) with Lane Departure Warning (LDW), and Adaptive Cruise Control (ACC). Ridgeline also targets top-class collision safety ratings from National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS), including an NCAP 5-star Overall Vehicle Score, a «GOOD» rating in all IIHS collision tests, and a «SUPERIOR» IIHS rating for front crash prevention.

2021 Ridgeline Pricing & EPA Data

Model / Trim

MSRP1

MSRP1 Including
$1,175 Destination
Charge

EPA Mileage Rating2

(City/Hwy/Combined)

Ridgeline Sport

$36,490

$37,665

18 / 24 / 21

Ridgeline RTL

$39,470

$40,645

18 / 24 / 21

Ridgeline RTL-E

$42,420

$43,595

18 / 24 / 21

Ridgeline Black Edition

$43,920

$45,095

18 / 24 / 21

About Honda

Honda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. Honda has the highest fleet average fuel economy and lowest CO2 emissions of any major full-line automaker in America, according to the latest data from the U.S. Environmental Protection Agency (EPA). The Honda lineup includes the Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda’s electrified vehicle lineup includes the Accord Hybrid, CR-V Hybrid, Insight hybrid, and the Clarity Fuel Cell and Clarity Plug-In Hybrid.

Honda has been producing automobiles in America for 38 years and currently operates 19 major manufacturing facilities in North America. In 2020, more than 95 percent of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally-sourced parts.

For More Information

Additional media information including detailed pricing features and high-resolution photography of 2020 and 2021 Honda models is available at hondanews.com. Consumer information is available at automobiles.honda.com. To join the Honda community on Facebook, visit facebook.com/honda.

1 MSRP excluding tax, license, registration, $1,175 destination charge and options. Dealer prices may vary.

2 Based on 2021 EPA mileage ratings. Use for comparison purposes only. Your actual mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.

 

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SOURCE American Honda Motor Co., Inc.

EasyWay Named Best Contactless Check-in Solution in the 2021 HotelTechAwards

TEL AVIV, Israel, Jan. 14, 2021 /PRNewswire/ — We’re excited to share that EasyWay’s end-to-end guest journey platform has been named 2021’s #1 Contactless Check-in Solution#2 Guest Messaging Software, and #3 Upselling Software by Hotel Tech Report. This is the first time one platform got into the top three in those important categories.

Each month, more than 100,000 hotel…

TEL AVIV, Israel, Jan. 14, 2021 /PRNewswire/ — We’re excited to share that EasyWay’s end-to-end guest journey platform has been named 2021’s #1 Contactless Check-in Solution#2 Guest Messaging Software, and #3 Upselling Software by Hotel Tech Report. This is the first time one platform got into the top three in those important categories.

Each month, more than 100,000 hotel industry professionals use HotelTechReport.com to make informed purchasing decisions. The HotelTechAwards determine the best hotel software products across every category based primarily on customer feedback but also key data points integration compatibility, organizational health, partner network strength, and customer support quality.

Reviews from verified users of EasyWay highlight features like the unified inbox, contactless check-in via any messaging app, and the high level of personalization in every aspect of the system. Customers also widely praised EasyWay for the high conversion rates compared to the competitors – in upselling, online check-in and guest engagement.

«Each month Hotel Tech Report helps more than 100,000 hoteliers research and vet technology partners for their properties. Winning a HotelTechAward is the highest achievement in the industry because it’s based on real data. Hoteliers trust this award when making purchase decisions because scoring is transparent and participation is ubiquitous amongst the most reputable vendors in the industry,» says Jordan Hollander, CEO of Hotel Tech Report.

«We created the HotelTechAwards as a democratized way to help our fellow hoteliers quickly determine best of breed vendors based on data they can trust. The ranking process is simple, transparent, and unbiased–judging is based on time tested ranking factors, publicly available data and crowdsourced insights from verified hoteliers who have hands-on experience with each product.»

The HotelTechAwards are often referred to as «the Grammys of Hotel Tech» and winners have been selected from more than 200 of the top technology products around the world. The HotelTechAwards are the industry’s only data-driven awards platform with winners determined not by a handful of judges or popularity votes but by product reviews from a global community comprised of thousands of verified hotel technology users across more than 120 countries.

ABOUT HOTEL TECH REPORT

Hotel Tech Report is the world’s largest online community for technology insights and digital transformation strategies in the massive hotel industry. Everything that we do is built upon a foundation of trust and transparency provided by authentic verified peer and expert reviews. Each month we help nearly 100,000 hoteliers learn about technology solutions and strategies that make their properties more efficient and solve their most pressing business problems.

ABOUT EASYWAY

EasyWay was founded with the goal to humanize digital experiences.

EasyWay is an end-to-end contactless guest journey platform enabling hotels to digitize and personalize the entire guest journey. With EasyWay, your guests enjoy an innovative, highly convenient, and safe experience at your hotel while you benefit from new revenue streams, increased operational efficiency, and improved engagement with your guests.

https://www.easyway.ai

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SOURCE EasyWay

Carl Black Orlando hosts January Sales Event until end of the month

ORLANDO, Fla., Jan. 14, 2021 /PRNewswire-PRWeb/ — Carl Black Orlando, a dealership serving the entirety of the central Florida region from its home base in Orlando, is currently hosting a variety of special offers for what it has termed its January Sales Event. This limited time happening includes sizable discounts, along with special financing and lease rates, on select new Chevy, Buick and GMC models.

Many of the <a…

ORLANDO, Fla., Jan. 14, 2021 /PRNewswire-PRWeb/ — Carl Black Orlando, a dealership serving the entirety of the central Florida region from its home base in Orlando, is currently hosting a variety of special offers for what it has termed its January Sales Event. This limited time happening includes sizable discounts, along with special financing and lease rates, on select new Chevy, Buick and GMC models.

Many of the January Sales Event discounts bring the vehicles’ purchase prices even lower than levels usually reserved for employees. The specials are slated to expire on Jan. 31. Offers include the ability for customers to:

  • Take $14,220 off the MSRP of the 2020 Chevy Bolt EV LT, finance the model at 0% APR for 84 months or sign and drive at a lease rate of $279 per month.
  • Purchase a 2021 Chevy Equinox LX for only $20,990, finance the model at 0% APR for 72 months or sign and drive at a lease rate of $299 per month.
  • Take $11,000 off the MSRP of remaining 2020 Buick Envision models, finance at 0% APR for 72 months or receive 1.90% APR for 84 months.
  • Take $9,000 off the MSRP of a 2021 Buick Enclave, finance at 0% APR for 72 months or sign and drive at a lease rate of $479 per month.
  • Take $11,000 off the MSRP of remaining 2020 GMC Acadia models, finance at 0% APR for 72 months or receive 1.90% APR for 84 months.
  • Take $10,000 off the MSRP of a 2020 GMC Terrain SLT, finance at 0% APR for 72 months or receive 1.90% APR for 84 months.

Those intrigued by the above offers are encouraged to learn more with a virtual trip to the Carl Black Orlando website at http://www.carlblackoforlando.com. The dealership can also be contacted with the use of a telephone by dialing 888-502-0763. Finally, those who wear a mask and responsibly follow social distancing guidelines may visit the dealership location in-person at 11500 E. Colonial Drive, Orlando.

Media Contact

Omar Rodriguez, Carl Black Orlando, (888) 502-0763, omar@carlblack.com

 

SOURCE Carl Black Orlando

Home Prices Rose 13% in December, Sales Up 16%

SEATTLE, Jan. 14, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The national median home-sale price rose 13% year over year to $334,300 in December, according to a new report from Redfin (<a target="_blank"…

SEATTLE, Jan. 14, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The national median home-sale price rose 13% year over year to $334,300 in December, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Homebuying demand barely slowed during what is typically one of the slowest months of the year. Closed home sales were up 16% from a year earlier and pending sales were up 35%, while new listings were up just 14%. The housing market’s continued intensity is due in large part to the continued decline in home mortgage interest rates.

«The December housing market felt more like spring than winter,» said Redfin chief economist Daryl Fairweather. «Right now homebuying demand is seemingly endless, and although new listings are up from a year ago, it’s not nearly enough to keep up with demand. This inventory shortage is especially dire in places that have become hot migration destinations during the pandemic, like Salt Lake City

Median prices increased in each of the 85 largest metro areas Redfin tracks. The smallest price gains compared to a year earlier were in San Francisco (+3%). The largest price increases were in Bridgeport, CT (+28%), Camden, NJ (+24%) and New Brunswick, NJ (+21%).

«It seems no matter how high we price some homes, buyers are willing to pay more,» said Shellie Silva, an agent in Grand Rapids, MI, where median sale prices rose 12% in December. «Buyers—especially out of-towners—are offering up to $30,000 in cash to cover any appraisal gap in addition to waiving inspection contingencies. A lot of the demand is coming from people moving here from the Chicago area, drawn by low property taxes and relatively affordable housing.»

Market Summary

December 2020

Month-Over-Month

Year-Over-Year

Median sale price

$334,300

-0.2%

13.1%

Homes sold, seasonally-adjusted

637,600

-3.8%

16.2%

Pending sales, seasonally-adjusted

629,700

1.4%

35.4%

New listings, seasonally-adjusted

680,900

1.3%

13.6%

All Homes for sale, seasonally-adjusted

1,642,800

-1.1%

-22.3%

Median days on market

30

3

-20

Months of supply

1.2

-0.4

-1.3

Sold above list

33.4%

-1.6 pts

13.4 pts

Median Off-Market Redfin Estimate

$318,100

-0.2%

14.5%

Average Sale-to-list

99.4%

-0.1 pts

1.4 pts

Average 30-year fixed mortgage rate

2.68%

-0.09 pts

-1.04 pts

† – «pts» = percentage point change

Home sales were up 16% in December from a year earlier on a seasonally-adjusted basis, down from the record high of 25% set in October, but still the fourth-highest level on record.

The number of homes sold in December was up from a year earlier in the 85 largest metro areas Redfin tracks. The largest gains in sales were in Bridgeport, CT (+52%), New Brunswick, NJ (+47%) and Oxnard, CA (+41%). The metro areas with the smallest increase in the number of homes sold were Fresno, CA and Miami, both of which had gains of just 3%.

Active listings—the count of all homes that were for sale at any time during the month—fell 22% year over year to their lowest level on record in December,  the 17th-straight month of declines.

Only five of the 85 largest metros tracked by Redfin posted a year-over-year increase in the count of seasonally-adjusted active listings of homes for sale. The largest gains were in San Francisco (+78%), New York City (+28%) and San Jose, CA (+25%).

Compared to a year ago, the biggest declines in active housing supply in December were in Salt Lake City (-57%), Kansas City, MO (-51%) and Allentown, PA (-49%).

The number of new listings of homes for sale increased 14% in December from a year earlier, a solid gain, but still dwarfed by the gain over the same period in pending sales, which were up 35%.

Measures of competition such as time on market and the share of homes sold above list price were at their most extreme December levels on record. However, they did finally ease slightly from November, following a more typical seasonal trend, but this only offered a small amount of relief for homebuyers.

The typical home that sold in December went under contract in 30 days—20 days less than a year earlier.

In December 33% of homes sold above list price, down slightly from the peak in November, but up from 20% a year earlier.

To read the full report, including charts and additional metro-level insights, please visit: https://www.redfin.com/news/december-home-prices-up-13-pct/.

About Redfin
Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we also run the country’s #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

 

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SOURCE Redfin

La Haus Cements Market Leadership in Mexico and Colombia; Announces $35M in Series B Funding

MEXICO CITY, Jan. 14, 2021 /PRNewswire/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by Greenspring…

MEXICO CITY, Jan. 14, 2021 /PRNewswire/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by Greenspring Associates. The new funding will allow the company to expand its product and services, and to extend its geographic reach to other parts of Latin America. This follows a $10M Series A round in early 2020.

Also participating in the round are Series A investors Acrew Capital; Kaszek Ventures; NFX, a firm co-founded by Trulia founder Pete Flint; IMO Ventures; and Zillow co-founder Spencer Rascoff. Hometeam Ventures also invested in the Series B round.

La Haus facilitates traditional real estate transactions digitally, enabling entirely online transactions, and is building a first-of-its-kind, end-to-end marketplace for Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. La Haus facilitates over $500 million in annualized gross transaction value.

La Haus has facilitated nearly 4,000 transactions —  by far the most of any proptech company in Mexico or Colombia.

«We couldn’t possibly have imagined a year ago what life would be like right now, but we are grateful that the company we built pre-Covid was in a position to help so many Latin Americans find and buy their perfect home during the pandemic,» said La Haus co-founder and President Rodrigo Sánchez-Ríos. «For most people, homeownership is key for the creation of wealth and stability. Before now, it’s been out of reach for many Mexicans and Colombians. We’re excited to use this funding to bring this opportunity to many more people across Latin America

La Haus was well-positioned to help Latin Americans buy homes online —  and to help sellers and developers sell those homes —  when Covid struck. Amid the backdrop of a booming housing market, the company has experienced double-digit month-over-month revenue growth, while increasing efficiency and customer satisfaction. In Mexico, the company quintupled its business over the last 12 months, and facilitates more transactions than any other brokerage in Mexico City.

Also in the past year, La Haus has hired a management team experienced in scaling companies. Among its leaders is Chief Product Officer Thomas Floracks, co-founder of VivaReal, the real estate portal in Brazil. After VivaReal merged with Zap Imoveis, the combined company was recently acquired by OLX Brazil for US $650 million. Under Floracks’ leadership, La Haus has created a Latam-leading product experience to search, view and seamlessly transact homes.

«We see incredible opportunity in proptech companies growing in Latin America, a region with more than 600 million people, and relatively low but ever-growing homeownership rates,» said Seyonne Kang, Partner at Greenspring Associates. «They face less competition from legacy companies and serve a huge and growing population that is just starting to embrace online transactions. La Haus stood out as a leader in this space due to their vision and track record, having already scaled their young company across two countries. We are excited about the company’s prospects and look forward to being a part of their continued success.» 

La Haus has also developed partnerships with significant developers in Mexico and Colombia, including Mexico-based GDC Desarrollos, CLASS, Punto Destino, Yukon, and Terraforma. Developers have leveraged La Haus’s audience and transaction technology to take online a formerly showroom- and staff-driven sales process, shortening time to sale.

La Haus was founded by Jerónimo Uribe, CEO; Rodrigo Sánchez-Ríos, president; Tomás Uribe, director; and Santiago Garcia, CTO. Jerónimo Uribe and Sánchez-Ríos met at Stanford University, and prior to La Haus they started and ran Jaguar Capital, a Colombian real estate development company with over $350 million of retail and residential projects. Garcia previously built technology platforms at Jaguar Capital.

About La Haus
La Haus is transforming the real estate industry in Latin America, bringing consumers an end-to-end marketplace aimed at addressing the many hardships home buyers and sellers face in Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. The company launched in 2017 and today operates property search portals lahaus.com in Colombia and lahaus.mx in Mexico  — the first portals that ensure high-quality and de-duplicated listings — and a brokerage that is facilitating more than $400 million in annualized gross transaction value.

La Haus is based in Medellin, Colombia, and operates in Medellin, Bogota and Mexico City.

About Greenspring Associates
Greenspring Associates was founded in 2000 to focus solely on venture capital investments. Through a comprehensive platform, the Firm serves as a lifecycle partner for fund managers and entrepreneurs, investing across multiple stages, sectors and geographies. Greenspring Associates currently manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors.

For more information on Greenspring Associates, please visit its website at www.greenspringassociates.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/la-haus-cements-market-leadership-in-mexico-and-colombia-announces-35m-in-series-b-funding-301208129.html

SOURCE La Haus

New Carbon Lighthouse Service Quantifies Energy Efficiency Across CRE Portfolios for True Financial and ESG Impact, Operational Efficiency

SAN FRANCISCO, Jan. 14, 2021 /PRNewswire/ — Carbon Lighthouse, an energy services company delivering real carbon reduction impact for commercial real estate (CRE), today released its  <a target="_blank"…

SAN FRANCISCO, Jan. 14, 2021 /PRNewswire/ — Carbon Lighthouse, an energy services company delivering real carbon reduction impact for commercial real estate (CRE), today released its  Efficiency Production service nationwide. With advancements in its AI platform, the service can establish a continuous data stream from any building in any geography to deliver new value to CRE owners within 60 days: the demonstration of carbon reduction impact to Limited Partners (LPs), direct increases in net operating income (NOI), and solving operational challenges that attract and retain occupants – in assets spanning commercial office and hospitality to multifamily and medical office buildings (MOBs).

«For more than a decade, Carbon Lighthouse has been empowering CRE owners with the energy efficiency and operational solutions required to meet the changing needs of the industry, investors and occupants,» said Brenden Millstein, President overseeing Product at Carbon Lighthouse. «Now, Carbon Lighthouse is using our decade’s worth of real building expertise, enhanced technology platform, and our vast data-capturing capabilities to help CRE quickly achieve the new occupant, climate and business goals being mandated by the new market landscape.»

The pandemic has forced owners to re-evaluate how best to serve its occupants while facing the many business challenges and uncertainties the resulting economic crash delivered. Macrotrends are also driving further change in how CRE manages its assets. A new administration’s climate change plan and LPs aggressively seeking funds committed to environmental, social and governance (ESG) means CRE owners must demonstrate data-backed proof of their climate impact.

«L&B prioritizes responsible ESG investments and champions innovation to better manage risk and generate sustainable long-term returns,» said Eric Smith, EVP of Business Development at L&B Realty Advisors, LLP. «This past year, we collaborated closely with Carbon Lighthouse to fully tap the benefits of Efficiency Production as we navigated various operational and business shifts knowing Carbon Lighthouse would bring the expertise and technical tools to continuously optimize our assets while helping L&B innovate important ESG solutions.»

Efficiency Production captures previously inaccessible building data across a real estate portfolio’s most energy intensive building systems — the heating, ventilation and air conditioning (HVAC) and lighting — and combines it with Carbon Lighthouse’s database of 100 million square feet of real building data. Then the company’s patented CLUES® AI platform mines the entire data set to profitably modernize assets and capture new streams of building value through energy and operational efficiency opportunities. Site teams are empowered with actionable technical instructions to implement energy and operational efficiencies while owners and investors can quantify and validate the financial and environmental value of their asset management strategies. Regardless of any stage in the asset lifecycle, in any geography, Efficiency Production delivers new sources of energy and operational savings with an average 20-30% yield and average $0.20$0.40 per sq. ft. of NOI. 

Efficiency Production is designed to help owners meet the current and evolving needs of its occupants, investors and business with key features including:

  • Expert Client Service & Support empowering on-site teams with expert guidance on how to quickly and effectively implement new measures
  • Actionable Technical Documentation backed by a decade of implementation experience and best practices to enable existing teams to harvest the value uncovered through new data
  • Ongoing value creation through informed, accurate financial and technical analysis of operational choices and potential outcomes
  • Rental Income paid by Carbon Lighthouse to flow value back to owners with triple net leases, creating top line revenue and increasing building value directly
  • Industry leading price point as compared to other complex sustainability solutions or comparable financial and operational outcomes

Learn more about Efficiency Production here.

ABOUT CARBON LIGHTHOUSE
Carbon Lighthouse is on a mission to stop climate change by delivering profitable climate solutions for commercial real estate portfolios. Its unique Efficiency Production service and patented AI platform CLUES® turn wasted energy into guaranteed financial, operational and climate impact value for clients. CLUES has analyzed more than 100MM square feet of commercial real estate and 5 billion points of building energy data, to deliver portfolio-wide value and more than $250 million in savings for clients including Goldman Sachs, Hawaiian Airlines, L&B, The Carlyle Group, The Moinian Group, Madison International Realty, and AEW. For more information visit: www.carbonlighthouse.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/new-carbon-lighthouse-service-quantifies-energy-efficiency-across-cre-portfolios-for-true-financial-and-esg-impact-operational-efficiency-301208220.html

SOURCE Carbon Lighthouse

2021 Honda Ridgeline Arriving Next Month Ready to Rumble with Rugged New Look

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling….

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,4901.

The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,490.

Ridgeline continues to bring unmatched versatility, including the segment’s largest interior for passengers and gear, a brilliantly versatile bed featuring the class-exclusive In-Bed Trunk® lockable storage compartment, and best-in-class standard AWD model payload capacity.

For the 2021 model year, Ridgeline features all-new sheet metal from the front roof pillars forward, including a new hood with a pronounced power bulge, a new squared off nose and upright grille, and new front fenders. Flanking the grille are new, brighter LED headlights bisected by the crossbar atop the grille, which is painted gloss black on Sport trims and Black Edition, and is chrome plated on RTL and RTL-E. The body-color lower front bumper further accentuates the Ridgeline’s tough new look with a prominent skid plate and broad side vents that create air curtains to route air through the bumper and around the front tires and wheels to improve aerodynamic performance. A reshaped rear bumper exposes aggressive new twin exhaust outlets, and all Ridgeline trims feature tougher looking 18-inch wheels and an additional 20 mm of track width to give Ridgeline a broader, more planted stance. New tires top off the more rugged look with a more aggressive sidewall and shoulder design. Ridgeline also adds a new Radiant Red Metallic to its exterior color palette.

A new HPD Package was developed in collaboration with Honda Performance Development (HPD), Honda’s U.S.-based racing company, and adds a unique grille treatment, an HPD emblem, black fender flares, aggressive bronze-colored wheels, and special HPD graphics on the side of the bed—for a suggested retail price of $2,800. It’s one of four new post-production option packages available on all Ridgeline trims that include Utility ($1,465), Function ($270), and Function+ ($1,315).

Inside, the 2021 Ridgeline adds a physical volume knob for the audio system, and wireless phone charging. Plus, all Ridgeline trims get new contrast stitching on the seats; Sport trims add new cloth seat inserts; and Sport, RTL and RTL-E trims have new dash, steering wheel and center console accents. Ridgeline’s spacious cabin offers top-class passenger comfort and rear-seat legroom, with a flat floor and foldaway 60/40-split rear seat bottoms, offering enhanced flexibility for carrying long and tall items in the cabin.

A 280-horsepower, 3.5-liter direct-injected VTEC® V6 backed by a smooth and responsive 9-speed automatic transmission powers every 2021 Honda Ridgeline, with i-VTM4® torque-vectoring all-wheel drive now standard across the lineup. The i-VTM4® system automatically sends up to 70 percent of the engine’s 262 lb.-ft. (SAE net) of torque to the rear wheels and continuously apportions 100 percent of that torque between the left and right rear wheels based on driving conditions at each wheel. Ridgeline’s standard Intelligent Traction Dynamics System further optimizes power delivery and distribution in various conditions, including snow, pavement, mud and sand.

All 2021 Honda Ridgelines come standard with the Honda Sensing® suite of safety and driver-assistive technologies, featuring Collision Mitigation Braking System™ (CMBS™) with Forward Collision Warning (FCW), Lane Keeping Assist System (LKAS), Road Departure Mitigation (RDM) with Lane Departure Warning (LDW), and Adaptive Cruise Control (ACC). Ridgeline also targets top-class collision safety ratings from National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS), including an NCAP 5-star Overall Vehicle Score, a «GOOD» rating in all IIHS collision tests, and a «SUPERIOR» IIHS rating for front crash prevention.

2021 Ridgeline Pricing & EPA Data

Model / Trim

MSRP1

MSRP1 Including
$1,175 Destination
Charge

EPA Mileage Rating2

(City/Hwy/Combined)

Ridgeline Sport

$36,490

$37,665

18 / 24 / 21

Ridgeline RTL

$39,470

$40,645

18 / 24 / 21

Ridgeline RTL-E

$42,420

$43,595

18 / 24 / 21

Ridgeline Black Edition

$43,920

$45,095

18 / 24 / 21

About Honda

Honda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. Honda has the highest fleet average fuel economy and lowest CO2 emissions of any major full-line automaker in America, according to the latest data from the U.S. Environmental Protection Agency (EPA). The Honda lineup includes the Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda’s electrified vehicle lineup includes the Accord Hybrid, CR-V Hybrid, Insight hybrid, and the Clarity Fuel Cell and Clarity Plug-In Hybrid.

Honda has been producing automobiles in America for 38 years and currently operates 19 major manufacturing facilities in North America. In 2020, more than 95 percent of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally-sourced parts.

For More Information

Additional media information including detailed pricing features and high-resolution photography of 2020 and 2021 Honda models is available at hondanews.com. Consumer information is available at automobiles.honda.com. To join the Honda community on Facebook, visit facebook.com/honda.

1 MSRP excluding tax, license, registration, $1,175 destination charge and options. Dealer prices may vary.

2 Based on 2021 EPA mileage ratings. Use for comparison purposes only. Your actual mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.

Honda Logo.

Photo – https://mma.prnewswire.com/media/1420478/01_2021_Honda_Ridgeline_RTL_E_with_HPD_Package___Sized.jpg
Logo – https://mma.prnewswire.com/media/1420477/Honda_Logo_Logo.jpg

SOURCE American Honda Motor Co., Inc.

La Haus Cements Market Leadership in Mexico and Colombia; Announces $35M in Series B Funding

MEXICO CITY, Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by…

MEXICO CITY, Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by Greenspring Associates. The new funding will allow the company to expand its product and services, and to extend its geographic reach to other parts of Latin America. This follows a $10M Series A round in early 2020.

Also participating in the round are Series A investors Acrew Capital; Kaszek Ventures; NFX, a firm co-founded by Trulia founder Pete Flint; IMO Ventures; and Zillow co-founder Spencer Rascoff. Hometeam Ventures also invested in the Series B round.

La Haus facilitates traditional real estate transactions digitally, enabling entirely online transactions, and is building a first-of-its-kind, end-to-end marketplace for Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. La Haus facilitates over $500 million in annualized gross transaction value.

La Haus has facilitated nearly 4,000 transactions —  by far the most of any proptech company in Mexico or Colombia.

«We couldn’t possibly have imagined a year ago what life would be like right now, but we are grateful that the company we built pre-Covid was in a position to help so many Latin Americans find and buy their perfect home during the pandemic,» said La Haus co-founder and President Rodrigo Sánchez-Ríos. «For most people, homeownership is key for the creation of wealth and stability. Before now, it’s been out of reach for many Mexicans and Colombians. We’re excited to use this funding to bring this opportunity to many more people across Latin America

La Haus was well-positioned to help Latin Americans buy homes online —  and to help sellers and developers sell those homes —  when Covid struck. Amid the backdrop of a booming housing market, the company has experienced double-digit month-over-month revenue growth, while increasing efficiency and customer satisfaction. In Mexico, the company quintupled its business over the last 12 months, and facilitates more transactions than any other brokerage in Mexico City.

Also in the past year, La Haus has hired a management team experienced in scaling companies. Among its leaders is Chief Product Officer Thomas Floracks, co-founder of VivaReal, the real estate portal in Brazil. After VivaReal merged with Zap Imoveis, the combined company was recently acquired by OLX Brazil for US $650 million. Under Floracks’ leadership, La Haus has created a Latam-leading product experience to search, view and seamlessly transact homes.

«We see incredible opportunity in proptech companies growing in Latin America, a region with more than 600 million people, and relatively low but ever-growing homeownership rates,» said Seyonne Kang, Partner at Greenspring Associates. «They face less competition from legacy companies and serve a huge and growing population that is just starting to embrace online transactions. La Haus stood out as a leader in this space due to their vision and track record, having already scaled their young company across two countries. We are excited about the company’s prospects and look forward to being a part of their continued success.» 

La Haus has also developed partnerships with significant developers in Mexico and Colombia, including Mexico-based GDC Desarrollos, CLASS, Punto Destino, Yukon, and Terraforma. Developers have leveraged La Haus’s audience and transaction technology to take online a formerly showroom- and staff-driven sales process, shortening time to sale.

La Haus was founded by Jerónimo Uribe, CEO; Rodrigo Sánchez-Ríos, president; Tomás Uribe, director; and Santiago Garcia, CTO. Jerónimo Uribe and Sánchez-Ríos met at Stanford University, and prior to La Haus they started and ran Jaguar Capital, a Colombian real estate development company with over $350 million of retail and residential projects. Garcia previously built technology platforms at Jaguar Capital.

About La Haus
La Haus is transforming the real estate industry in Latin America, bringing consumers an end-to-end marketplace aimed at addressing the many hardships home buyers and sellers face in Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. The company launched in 2017 and today operates property search portals lahaus.com in Colombia and lahaus.mx in Mexico  — the first portals that ensure high-quality and de-duplicated listings — and a brokerage that is facilitating more than $400 million in annualized gross transaction value.

La Haus is based in Medellin, Colombia, and operates in Medellin, Bogota and Mexico City.

About Greenspring Associates
Greenspring Associates was founded in 2000 to focus solely on venture capital investments. Through a comprehensive platform, the Firm serves as a lifecycle partner for fund managers and entrepreneurs, investing across multiple stages, sectors and geographies. Greenspring Associates currently manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors.

For more information on Greenspring Associates, please visit its website at www.greenspringassociates.com.

 

SOURCE La Haus