Ecotourism Market to Reach $333.8 Bn, Globally, by 2027 at 14.3% CAGR: Allied Market Research

Increase in travel and tourism to unique destinations and surge in focus on sustainability drive the global ecotourism market.

PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ — Allied Market Research published a report, titled,«Ecotourism Market by Traveler Type (Solo and Group), Age Group (Generation X, Generation Y and Generation Z), and Sales Channel (Travel Agents and…

Increase in travel and tourism to unique destinations and surge in focus on sustainability drive the global ecotourism market.

PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ — Allied Market Research published a report, titled,«Ecotourism Market by Traveler Type (Solo and Group), Age Group (Generation X, Generation Y and Generation Z), and Sales Channel (Travel Agents and Direct): Global Opportunity Analysis and Industry Forecast, 2021–2027.»According to the report, the global ecotourism industry generated $181.1 billion in 2019, and is projected to garner $333.8 billion by 2027, witnessing a CAGR of 14.3% from 2021 to 2027.

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Drivers, restraints, and opportunities

Increase in travel and tourism to unique destinations, inclination toward exploration of wildlife, coral reefs, and pristine undisturbed natural areas, and surge in focus on sustainability drive the global ecotourism market. However, low availability of accommodation and limited availability of quality and hygienic restaurants at destinations hinder the market growth. On the other hand, public-private partnerships in the form of subsidizing air routes to remote tourist destinations, improvement of transport capabilities, and providing ease of access create new opportunities in the coming years.

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Covid-19 Scenario

  • Travel restrictions across the world hindered the exploration of new destinations, remote places, and sightseeing activities. The means ofpublic transportation such as buses, trains, and air were banned during the lockdown.
  • Many destinations and tourist spots were closed down by governments to avoid gathering of people and prevent the spread of the coronavirus.
  • Countries across the world have been building a more resilient tourism system during the post-Covid-19 pandemic period. Governments have been implementing structural transformation and offering financial stimulus for supporting the tourism sector.

The group segment to continue its leadership status throughout the forecast period

Based on traveler type, the group segment contributed to the highest market share, accounting for nearly four-fifths of the global ecotourism market in 2019, and will continue its leadershipstatus throughout the forecast period. This is due tosecurity concerns at new and unexplored destinations, low expenses while traveling in a group and shared interest and experiencesthat enable people tobonding together very quickly.However, the solo segment is expected to manifest the fastest CAGR of 15.9% from 2021 to 2027, owing tobenefits of being in charge of the whole travel schedule, possibility of gathering new experiences, prospects to meet new people, and gaining a sense of empowerment.

The generation Y segment to maintain its lead position during the forecast period

Based on age group, the generation Y segment accounted for the largest share in 2019, holding nearly three-fifths of the global ecotourism market, and is projected to maintain its lead position during the forecast period. This is due to preference toward spending on unique experiences rather than materialistic things and high environmental consciousness. However, the generation Z segment is expected to witness the highest CAGR of 15.6% from 2021 to 2027. This is attributed toimprovement of online channelsand digital marketing strategies to attract customers and unique, interactive, and social experiences sought by travelers.

North America to grow at the fastest CAGR

Based on region, North America is projected to witness the highest CAGR of 16.2% during the forecast period, owing tolarge number of environment-conscious travelers and rapid adoption of digital media to search and travel to new destinations. However, Asia-Pacific held the largest share in terms of revenue in 2019, accounting for nearly two-fifths of the global ecotourism market, and will maintain its dominance in terms of revenue by 2027. This is attributed topresence of large number of millennial travelers supported by increased disposable income and expansion of infrastructure.

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Leading market players

  • Travel Leaders Group, LLC
  • Aracari Travel
  • FROSCH International Travel, Inc.
  • Undiscovered Mountains Ltd.
  • Adventure Alternative
  • Intrepid Group Limited
  • Rickshaw Travel Group
  • G Adventures
  • Steppes discovery
  • Small World Journeys Pty. Ltd.

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Similar Reports:

Agritourism Market: Global Opportunity Analysis and Industry Forecast, 2021–2027

Leisure Travel Market: Global Opportunity Analysis and Industry Forecast, 2021-2027

Culinary Tourism Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

Adventure Tourism Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

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.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Ecotourism Market to Reach $333.8 Bn, Globally, by 2027 at 14.3% CAGR: Allied Market Research

PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ — Allied Market Research published a report, titled,«Ecotourism Market by Traveler Type (Solo and Group), Age Group (Generation X, Generation Y and Generation Z), and Sales Channel (Travel Agents and Direct): Global Opportunity Analysis and Industry Forecast, 2021–2027.»According to the report, the global ecotourism industry generated…

PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ — Allied Market Research published a report, titled,«Ecotourism Market by Traveler Type (Solo and Group), Age Group (Generation X, Generation Y and Generation Z), and Sales Channel (Travel Agents and Direct): Global Opportunity Analysis and Industry Forecast, 2021–2027.»According to the report, the global ecotourism industry generated $181.1 billion in 2019, and is projected to garner $333.8 billion by 2027, witnessing a CAGR of 14.3% from 2021 to 2027.

Allied Market Research Logo

Drivers, restraints, and opportunities

Increase in travel and tourism to unique destinations, inclination toward exploration of wildlife, coral reefs, and pristine undisturbed natural areas, and surge in focus on sustainability drive the global ecotourism market. However, low availability of accommodation and limited availability of quality and hygienic restaurants at destinations hinder the market growth. On the other hand, public-private partnerships in the form of subsidizing air routes to remote tourist destinations, improvement of transport capabilities, and providing ease of access create new opportunities in the coming years.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6729

Covid-19 Scenario

  • Travel restrictions across the world hindered the exploration of new destinations, remote places, and sightseeing activities. The means ofpublic transportation such as buses, trains, and air were banned during the lockdown.
  • Many destinations and tourist spots were closed down by governments to avoid gathering of people and prevent the spread of the coronavirus.
  • Countries across the world have been building a more resilient tourism system during the post-Covid-19 pandemic period. Governments have been implementing structural transformation and offering financial stimulus for supporting the tourism sector.

The group segment to continue its leadership status throughout the forecast period

Based on traveler type, the group segment contributed to the highest market share, accounting for nearly four-fifths of the global ecotourism market in 2019, and will continue its leadershipstatus throughout the forecast period. This is due tosecurity concerns at new and unexplored destinations, low expenses while traveling in a group and shared interest and experiencesthat enable people tobonding together very quickly.However, the solo segment is expected to manifest the fastest CAGR of 15.9% from 2021 to 2027, owing tobenefits of being in charge of the whole travel schedule, possibility of gathering new experiences, prospects to meet new people, and gaining a sense of empowerment.

The generation Y segment to maintain its lead position during the forecast period

Based on age group, the generation Y segment accounted for the largest share in 2019, holding nearly three-fifths of the global ecotourism market, and is projected to maintain its lead position during the forecast period. This is due to preference toward spending on unique experiences rather than materialistic things and high environmental consciousness. However, the generation Z segment is expected to witness the highest CAGR of 15.6% from 2021 to 2027. This is attributed toimprovement of online channelsand digital marketing strategies to attract customers and unique, interactive, and social experiences sought by travelers.

North America to grow at the fastest CAGR

Based on region, North America is projected to witness the highest CAGR of 16.2% during the forecast period, owing tolarge number of environment-conscious travelers and rapid adoption of digital media to search and travel to new destinations. However, Asia-Pacific held the largest share in terms of revenue in 2019, accounting for nearly two-fifths of the global ecotourism market, and will maintain its dominance in terms of revenue by 2027. This is attributed topresence of large number of millennial travelers supported by increased disposable income and expansion of infrastructure.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6729

Leading market players

  • Travel Leaders Group, LLC
  • Aracari Travel
  • FROSCH International Travel, Inc.
  • Undiscovered Mountains Ltd.
  • Adventure Alternative
  • Intrepid Group Limited
  • Rickshaw Travel Group
  • G Adventures
  • Steppes discovery
  • Small World Journeys Pty. Ltd.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Agritourism Market: Global Opportunity Analysis and Industry Forecast, 2021–2027

Leisure Travel Market: Global Opportunity Analysis and Industry Forecast, 2021-2027

Culinary Tourism Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

Adventure Tourism Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

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.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

 

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SOURCE Allied Market Research

AllTrails Celebrates 1 Million Paid Subscribers

Milestone Cements the Brand’s Vision to Democratize Access to the Outdoors For All

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — AllTrails, the most trusted and used digital guide to the outdoors announced a substantial milestone – surpassing 1 million paid subscribers for its premium service, AllTrails Pro….

Milestone Cements the Brand’s Vision to Democratize Access to the Outdoors For All

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — AllTrails, the most trusted and used digital guide to the outdoors announced a substantial milestone – surpassing 1 million paid subscribers for its premium service, AllTrails Pro. Home to the largest collection of hand-curated trail guides, the outdoor recreation website and app also maintains a global community of over 25 million registered users.

Even prior to the pandemic, the outdoor sector was experiencing rapid year-over-year growth as more people turned to nature for mental and physical health. By May 2020, when pandemic lockdowns loosened, AllTrails saw an accelerated surge of usage as people reconnected with the outdoors. The company saw record-breaking growth continue through December, a contrast to the seasonal growth that is typical in the outdoor industry. While habit changes during the pandemic further accelerated business performance, the behavior also underscores the impact nature has on mental and physical health. 

«At AllTrails, we believe that everyone has a right to the outdoors, regardless of age, gender, ethnicity, or socioeconomic standing,» said Ron Schneidermann, CEO of AllTrails. «Our public lands are for everyone to enjoy and to experience the mental, physical, and emotional health benefits that come from spending time outside. This level of growth confirms that we are on the right path in leveraging technology to democratize access to the outdoors for all.»

To commemorate the milestone, AllTrails, a 1% For The Planet member, is partnering with One Tree Planted to plant 10 thousand trees – one thousand trees for each year AllTrails has served its global community of outdoor enthusiasts.

«AllTrails’ breakout growth is representative of a larger trend of people adopting new lifestyles and looking to the outdoors,» said Ben Spero, managing director at Spectrum Equity, a growth equity firm that is AllTrails’ majority shareholder. «It’s a rare accomplishment for a consumer subscription service to reach 1 million paid subscribers, and this milestone is a testament to the unique service AllTrails provides its community in helping connect them to the outdoors and to nature,» he added.

In the past year, AllTrails has achieved:

  • One million AllTrails Pro subscribers
  • Over 25 million cumulative registered users
  • Nearly 130% year-over-year increase in daily active users
  • Publishing of nearly 200 thousand trail guides
  • Trail coverage in 190 countries, 30 territories, and all 7 continents

About AllTrails
AllTrails is the most trusted and used outdoors platform in the world. We help people explore the outdoors with hand-curated trail maps along with photos, reviews, and user recordings crowdsourced from our community of millions of registered hikers, mountain bikers, and trail runners in over 200 countries. AllTrails is frequently ranked as a top-5 Health and Fitness app and has been downloaded by over 30 million people worldwide.

For more information on AllTrails or the AllTrails iOS or Android mobile app please contact press@alltrails.com.

MEDIA CONTACT:
Meaghan Praznik
meaghan@alltrails.com

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SOURCE AllTrails

BioHiTech Receives Approximately $2 Million in New Food Waste Digester Orders for 14 Ships from Carnival Cruise Lines and Princess Cruises

CHESTNUT RIDGE, N.Y., Jan. 26, 2021 /PRNewswire/ — BioHiTech Global, Inc. («BioHiTech» or the «Company») (NASDAQ: BHTG), a sustainable technology and services company, announced today it has received approximately $2 million in new Revolution Series™ food digesters purchase orders for 12 Carnival Cruise Lines ships and 2 Princess Cruises ships.  BioHiTech expects to fulfil the orders through the second quarter of 2021.

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CHESTNUT RIDGE, N.Y., Jan. 26, 2021 /PRNewswire/ — BioHiTech Global, Inc. («BioHiTech» or the «Company») (NASDAQ: BHTG), a sustainable technology and services company, announced today it has received approximately $2 million in new Revolution Series™ food digesters purchase orders for 12 Carnival Cruise Lines ships and 2 Princess Cruises ships.  BioHiTech expects to fulfil the orders through the second quarter of 2021.

«Our continued strong relationship with the Carnival family of brands underscores their dedication to sustainable food waste management and the long-awaited re-launch of seafaring travel.  These additional orders are further testament to Carnival’s confidence and belief in BioHiTech’s sustainable food waste disposal solutions, which, together with our proprietary analytics platform are a cornerstone of food waste management planning,» commented Tony Fuller, BioHiTech’s Chief Executive Officer. 

The Revolution Series digesters, equipped with BioHiTech’s proprietary data analytics platform, are part of the Carnival umbrella’s comprehensive plan to limit food waste, achieve safe onboard disposal, and improve associated environmental outcomes.

About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. Our technologies for waste management include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. When used individually or in combination, our solutions lower the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage. In addition, we distribute a patented technology that achieves high-level disinfection of spaces such as classrooms, hotel or hospital rooms and other enclosed areas to combat the spread of viruses and bacteria without the use of harsh chemicals. Our unique solutions enable businesses, educational institutions and municipalities of all sizes to solve everyday problems in a smarter and more cost-effective way while reducing their impact on the environment. For more information, please visit www.biohitech.com.

Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements, including statements about the estimated contract value, additional purchase orders or deliveries, and the ability of the Company’s products to improve environmental outcomes and achieve corporate sustainability goals, are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as «Risk Factors» in our filings with the Securities and Exchange Commission («SEC»). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.

Company Contact:
BioHiTech Global, Inc.
Lisa Giovannielli
VP, Corporate Communications
O: 888.876.9300
E: lgiovannielli@biohitech.com 
www.biohitech.com

Investors: 
ir@biohitech.com

Media:
pr@coreir.com

 

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SOURCE BioHiTech Global, Inc.

CGTN:China ve las Olimpiadas de Invierno de Pekín como una oportunidad de promoción

–  CGTN:China ve las Olimpiadas de Invierno de Pekín como una oportunidad para promover los deportes de hielo y nieve  

PEKÍN, 26 de enero de 2021 /PRNewswire/ — Mientras el mundo está aún inmerso en la pandemia de COVID-19 y China aborda brotes esporádicos, los preparativos para las Olimpiadas de Invierno de Pekín 2022 han entrado en una fase crítica.  

El presidente chino Xi Jinping dijo el lunes que cree que China, con fuerte apoyo de varias partes, completará todos los preparativos previstos para asegurar que las Olimpiadas…

–  CGTN:China ve las Olimpiadas de Invierno de Pekín como una oportunidad para promover los deportes de hielo y nieve  

PEKÍN, 26 de enero de 2021 /PRNewswire/ — Mientras el mundo está aún inmerso en la pandemia de COVID-19 y China aborda brotes esporádicos, los preparativos para las Olimpiadas de Invierno de Pekín 2022 han entrado en una fase crítica.  

El presidente chino Xi Jinping dijo el lunes que cree que China, con fuerte apoyo de varias partes, completará todos los preparativos previstos para asegurar que las Olimpiadas de Invierno de Pekín sean un éxito.  

El presidente Xi hizo estas declaraciones durante su conversación telefónica con el presidente Thomas Bach del Comité Olímpico Internacional (COI)

China ha implementado estrictamente medidas de contención, superado el impacto de la pandemia y promovido activamente el progreso estable de todos los preparativos, dijo Xi, añadiendo que en la actualidad la construcción de sitios e infraestructura para las Olimpiadas de Invierno de Pekín ha logrado un progreso gradual.  

Cuando Pekín ganó la puja en 2015, Bach dijo que los Juegos Olímpicos de Invierno 2022 «se habían puesto en manos seguras».

Menos de 400 días tras la apertura de los Juegos de Invierno 2022 en Pekín el 4 de febrero de 2022, la construcción o reconstrucción de los 12 sitios de competición se ha completado a pesar de las incertidumbres y retos desencadenados por la COVID-19. Un ferrocarril de alta velocidad que enlace Pekín y co-aloja Zhangjiakou ya está operacional, se han recibido casi un millón de solicitudes de voluntarios y se han publicado pictogramas de los Juegos.

China se toma los preparativos para los Juegos Olímpicos de Invierno de Pekín como una oportunidad para promover la popularización y desarrollo de deportes de hielo y nieve, dijo Xi, añadiendo que Pekín la única ciudad del mundo que ha celebrado Olimpiadas de Verano e Invierno, realizará contribuciones únicas al Movimiento Olímpico Internacional.

Según un informe de la Universidad Renmin de China el pasado diciembre, aunque la pandemia forzó a la mitad de los encuestados con experiencia en deportes de invierno a cancelar sus planes deportivos esta temporada pasada, 150 millones de personas en China se han implicado en deportes de invierno al menos una vez desde 2019 a 2020, la mitad del objetivo de China de llegar a los 300 millones de participantes.

El informe también mostró que la cantidad de personas que siguen de cercal as noticias sobre los Juegos Olímpicos de Invierno de Pekín 2022 ha aumentado firmemente desde un 6,2 por ciento en 2018 al 10,4 por ciento en 2020. En torno al 70 por ciento de los participantes han prestado atención a los Juegos en los últimos tres años a través de distintos medios.  

El presidente Xi ha dado gran importancia a los preparativos de las Olimpiadas de Invierno 2022. La semana pasada, inspeccionó los sitios y conoció los preparativos en la capital china de Pekín y la ciudad de Zhangjiakou en la provincia Hebei.

Durante su tour de inspección de Shougang Park en el distrito de Shijingshan, el sitio del Comité Organizador de Pekín para las Olimpiadas de Invierno 2022, en febrero de 2019, el presidente Xi destacó la necesidad de estar comprometido con celebrar los Juegos de un modo ecológico, basado en compartir, abierto y limpio, y completar todos los preparativos de acuerdo con altos estándares.

El COI, dijo Bach, apoya el concepto de China de celebrar unos Juegos de Invierno ecológicos, inclusivos, abiertos y limpios y se sitúa listo para trabajar con China para asegurar unos Juegos de éxito, espléndidos y seguros, que no solo llevarán a cabo la visión de promover los deportes de invierno entre los 300 millones de personas china, sino que avanzan fuertemente el desarrollo del Movimiento Olímpico internacional.

El COI sigue comprometido con mantener el espíritu olímpico y se opone a la politización del deporte, dijo Bach, añadiendo que la organización seguirá reforzando la cooperación estratégica a largo plazo con China.

Artículo original: aquí.

 

Expanding tech start-up Carsfast launches operations in St Louis

PHOENIX, Jan. 26, 2021 /PRNewswire/ — Direct from its success in Arizona, Illinois and Texas, new digital start-up Carsfast is now expanding its unique car buying and financing services throughout Missouri, starting in St Louis. 

<a…

PHOENIX, Jan. 26, 2021 /PRNewswire/ — Direct from its success in Arizona, Illinois and Texas, new digital start-up Carsfast is now expanding its unique car buying and financing services throughout Missouri, starting in St Louis. 

St Louis locals have recently welcomed this contactless service which allows people to shop and get finance for thousands of near new cars direct from their cell phone. With operations expanding to other local regions later this month, Carsfast will change the way St Louis locals buy their next car. 

«We are thrilled to launch this new Artificial Intelligence (AI) technology in the St Louis market,» explains CEO and co-founder Shaun Sumaru and «we know that the locals of St Louis and throughout Missouri are looking for an alternative to physically shopping around for cars. We wanted to simplify and personalise this process for them.» 

After seeing success throughout other states in America, expansion to the broader Missouri state was the obvious next step. The Carsfast team have developed the new technology shifting interactions entirely to text message so that all buyers have a personalized and tailored experience without ever having to physically see anyone. «Everything is completely contactless. We even organize the car to be delivered direct to your door and sort out credit offers without you ever having to see a single salesman or broker,» explains Shaun.

Carsfast is completely free to use and will connect people living in St Louis with more than 45,000 near new cars, trucks and SUVs. That’s equivalent to more than 300 traditional car yards, all on your phone. This new technology will revolutionize the car buying process. It’s the smart new way for people to shop and finance their next car.

About Carsfast 

Carsfast is a next-generation digital car dealership. It exists to offer buyers cars and credit directly from their phone with zero friction. Our proprietary technology combines customers preferences and credit with our broad lender panel and vast inventory. The outcome is a selection of cars that perfectly matched to the buyer’s exact profile.

Media Contact: Dee Gligorevic, Marketing Director dee@carsfast.com

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SOURCE Carsfast

50 Prominent Women Run Full Page Ad in The New York Times Calling on President Biden to Implement Marshall Plan for Moms in First 100 Days

NEW YORK, Jan. 26, 2021 /PRNewswire/ — Fifty women today signed a letter in the New York Times, led by Girls Who Code founder and CEO Reshma Saujani, calling on the Biden Administration to create a task force dedicated to implementing a «Marshall Plan for Moms,» to pay mothers for their unpaid, unseen labor and to pass policies addressing parental leave, affordable childcare, and pay equity.

<div…

NEW YORK, Jan. 26, 2021 /PRNewswire/ — Fifty women today signed a letter in the New York Times, led by Girls Who Code founder and CEO Reshma Saujani, calling on the Biden Administration to create a task force dedicated to implementing a «Marshall Plan for Moms,» to pay mothers for their unpaid, unseen labor and to pass policies addressing parental leave, affordable childcare, and pay equity.

«This is not an isolated incident—it is a national crisis.»

«This pandemic has absolutely decimated the careers of working moms across the country,» said Reshma Saujani, founder and CEO of Girls Who Code. «This is not an isolated incident—it is a national crisis, and we can start to address it within the first 100 days of this Administration.»

According to a report from the National Women’s Law Center, more than 2 million women have left the U.S. workforce since the COVID-19 pandemic began in 2020. A December 2020 report from the Bureau of Labor Statistics indicated that women were leaving the workforce at four times the rate of men.

«In December, all the jobs lost in the U.S. economy were lost by women,» said Saujani. «And the situation is particularly bad for Black women, 154,000 of whom left the workforce entirely. We need to put in place a plan for moms, and we need it now.»

«Sound crazy? It’s not,» says the letter—which ran as a full page ad in The New York Times today. «It’s time to put a dollar figure on our labor. Motherhood isn’t a favor and it’s not a luxury. It’s a job. The first 100 days are an opportunity to define our values. So let’s start by valuing moms.»

The women who signed onto the letter are as follows: Toyin Ajayi, Cityblock Health; Katia Beauchamp, Birchbox; Katie Bethell, Paid Leave for the US (PL + US); Connie Britton; Jean Brownhill, Sweeten; Tarana Burke, ‘me too.’ Movement; Melissa Butler, The Lip Bar; Claudia Chan, S.H.E. Summit; Julia Collins, Planet FWD; Dr. Dara Kass; Tiffany Dufu, The Cru; Anu Duggal, Female Founders Fund; Sarah Eagle Heart, Eagle Heart Collectiv; Crystal Echo Hawk, Executive Director, IllumiNative; Sarah Sophie Flicker, Artist and Activist; Liuba Grechen Shirley, Vote Mama; Mindy Grossman, WW International, Inc.; Desiree Gruber, Full Picture; Sarah Harden, Hello Sunshine; Naomi Hirabayashi, Shine; Chelsea Hirschhorn, Frida Mom; Jennifer Hyman, Rent the Runway; Payal Kadakia, Classpass; Sallie Krawcheck, Ellevest; Maria Teresa Kumar, VotoLatino; Marisa Renee Lee, Beacon Advisors; Cindi Leive, The Meteor; Marah Lidey, Shine; Eva Longoria; Alexis McGill Johnson, Planned Parenthood; Paola Mendoza, Artist, Filmmaker and Activist; Alyssa Milano; Julianne Moore; Ana Ortiz; Hitha Palepu, #5SmartReads; Dee Poku, The WIE Suite; Mónica Ramirez, Activist and Organizer; Geena Rocero, Transgender Advocate; Eve Rodsky, Author, Fair Play; Katherine Ryder, Maven; Reshma Saujani, Girls Who Code; Amy Schumer; Rachel Sklar, TheLuckiest.com; Tabitha St. Bernard-Jacobs; Women’s March, Amber Tamblyn; Charlize Theron; Salamishah Tillet, A Long Walk Home; Gabrielle Union; Alexa von Tobel, Inspired Capital; Whitney Wolfe Herd, Bumble.

For more information, visit www.marshallplanformoms.com.

The full text of the full page ad in The New York Times reads as follows:

Dear President Biden:

You know this well: moms are the bedrock of society. And we’re tired of working for free.

We need a Marshall Plan for Moms — now.

Like the original Marshall Plan of 1948, this plan would be a financial investment in rebuilding from the ground up.

COVID has decimated so many of our careers. Two million of us have left the workforce, at a rate of four times that of men in September alone. Millions more have been forced to cut back our hours or work around the clock to keep our jobs and be full-time caregivers.

This is not an isolated incident — it is a national crisis. You didn’t create this problem, but your administration has an opportunity to fix it. In your first 100 days, we’re asking you to: 

Establish a task force to create a Marshall Plan for Moms.

Implement a short-term monthly payment to moms depending on needs and resources.

Pass long overdue policies like paid family leave, affordable childcare and pay equity.

Sound crazy? It’s not.

It’s time to put a dollar figure on our labor. Motherhood isn’t a favor and it’s not a luxury. It’s a job.

The first 100 days are an opportunity to define our values. So let’s start by valuing moms.

About Girls Who Code
Girls Who Code is an international non-profit organization working to close the gender gap in technology and change the image of what a programmer looks like and does. With their 7-week Summer Immersion Program, after school Clubs, and College Loops program, they are leading the movement to inspire, educate, and equip young women with the computing skills to pursue 21st century opportunities. Girls Who Code has reached 300,000 girls to date through its programs and 500 million people through campaigns, advocacy work, and New York Times best-selling series. To join the movement or learn more, visit girlswhocode.com. Follow the organization on social media @GirlsWhoCode.

 

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SOURCE Girls Who Code

VinSolutions’ Virtual Assistant Vinessa Uses AI to Help Salespeople Pursue and Convert More Leads In A Tight Market

MISSION, Kan., Jan. 26, 2021 /PRNewswire/ — As dealerships look for new ways to connect with customers outside of the showroom and pursue leads in today’s digital world, technology is becoming an increasingly useful addition to sales teams. Vinessa™, VinSolutions’ AI-powered, CRM-integrated

MISSION, Kan., Jan. 26, 2021 /PRNewswire/ — As dealerships look for new ways to connect with customers outside of the showroom and pursue leads in today’s digital world, technology is becoming an increasingly useful addition to sales teams. Vinessa™, VinSolutions’ AI-powered, CRM-integrated virtual assistant, allows salespeople to prioritize their time more efficiently thanks to the ability to vet leads by providing human-like customer engagement at the early stages of the sales process. With Vinessa’s help, salespeople can guide more customers through their unique paths to purchase, increase conversion rates and ultimately boost profits for the entire business.

«Dealership staff are tasked with filtering through massive volumes of online leads–-and dedicating the necessary resources to vetting and communicating with every customer can get in the way of salespeople doing what they do best—selling vehicles and closing deals,» said Tracy Fred, vice president of operations for Cox Automotive brands VinSolutions, Xtime and Dealertrack DMS. «As the consumer path to purchase continues to evolve and default to digital, it also means a 24/7 sales cycle. Dealerships need to be ready to engage with prospects around the clock in a scalable and cost-effective way.»

Using CRM artificial intelligence, machine learning and data provided by the dealership, Vinessa can answer questions from online and showroom sales leads about inventory availability, vehicle features and more, as well as schedule follow-up tasks for staff. Vinessa provides more qualified leads and ensures that no sales opportunity falls through the cracks whether an early-stage lead or one submitted after hours. With data provided by the dealership, Vinessa is also supported by VinSolutions Performance Managers who will help ensure the dealer gets the most out of the tool so partners can be confident that Vinessa is effectively guiding customers through their unique paths to purchase and delivering sales conversions.

Vinessa’s key features include:

  • CRM Integration that captures all customer communication from Vinessa directly within the customer record, with in-CRM alerts to ensure preparedness when meeting the customer where they are in the car buying process.
  • Appointment Setting that enables salespeople to stay focused on advanced selling tasks with Vinessa’s ability to schedule showroom appointments with customers on a salesperson’s behalf.
  • Lead Nurturing to engage customers 24/7, Vinessa can respond to leads after hours and follow up on conversations when salespeople are unavailable.
  • Smart Conversations using powerful artificial intelligence and natural language processing Vinessa can understand customer questions and provide real-time answers about inventory and schedule follow-up appointments to keep customers moving through the journey to purchase.
  • Reporting Features record and detail all of Vinessa’s customer interactions in a dashboard to help dealership staff better understand and measure Vinessa’s contribution to sales.  
  • Customizable Engagement Settings allow dealers to control how and when Vinessa responds to leads, including who to assign appointments to and if Vinessa should automatically turn off when a salesperson takes over customer communication directly.
  • Connect Automotive Intelligence Integration enables Sentiment Analysis on customer interactions with Vinessa when the products are combined, which allows dealers to identify trends in customer communication and quickly resolve issues in the event of dissatisfaction.

«Vinessa is not only a backstop for missed communications; it’s also a strong driver for two-way communications. I strongly believe our two-way connections, appointment set rate, and customer satisfaction will all continue to improve,» said Chad Humm, Digital Performance Manager at D-Patrick Auto Group in Evansville, Indiana. «We chose Vinessa over other virtual assistant tools based on its integrations with all of our Cox Automotive tools especially with Connect CRM. Vinessa’s conversations live in the CRM.»

To learn more about Vinessa, the VinSolutions Virtual Assistant, visit www.VinSolutions.com.

About VinSolutions
As the provider of Connect CRM, Connect Automotive Intelligence, and the supporting suite of Connect solutions, VinSolutions helps more than 6,000 dealers make every connection count. VinSolutions’ industry-leading tools—including customizable customer relationship management, artificial intelligence, and desking—help dealerships drive more leads, increase profits, and accelerate the path to purchase. Founded in 2006 and headquartered in Mission, Kansas, VinSolutions fosters dealership success by providing a fully customizable suite of solutions, including equity mining, market pricing and desking tools, combined with the continuous, personal support of a designated Performance Manager. VinSolutions is OEM certified by every major manufacturer and is Autosoft, CDK, Reynolds & Reynolds and Dealertrack DMS certified. www.vinsolutions.com

About Cox Automotive
Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company’s more than 27,000 team members and family of brands, including Autotrader®, Clutch Technologies, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion. www.coxautoinc.com

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SOURCE VinSolutions

2020 U.S. Housing Market Gains Were Biggest in 15 Years

SEATTLE, Jan. 26, 2021 /PRNewswire/ — U.S. housing gained nearly $2.5 trillion in value in 2020 — the most in a single year since 2005, according to a new Zillow® analysis. The full stock of U.S. housing is now worth <span…

SEATTLE, Jan. 26, 2021 /PRNewswire/ — U.S. housing gained nearly $2.5 trillion in value in 2020 — the most in a single year since 2005, according to a new Zillow® analysis. The full stock of U.S. housing is now worth $36.2 trillion

2020 was a remarkable year for the housing market. Strong demand drove intense competition among buyers, causing homes to fly off the market at the fastest pace Zillow has recorded and pushing prices higher. Housing demand was already strong coming into the year with the large Millennial generation aging into prime first-time home-buying age and mortgage rates hovering near record lows. The widespread shift to remote work during the COVID-19 pandemic prompted many to reevaluate their housing options and supercharged demand. 

Zillow expects 2021 to be even stronger, possibly exceeding last year’s $2.5 trillion gain. With mortgage rates also likely to rise from today’s near-record low levels, buyers considering a move may want to do so soon before their potential monthly payments rise. 

«2020 was a record-breaking year for the housing market with intense competition among buyers driving up home prices,» said Zillow economist Treh Manhertz. «While many faced financial hardships because of the pandemic, others fortunate enough to maintain stable income took a step back to contemplate what they wanted their home to be and hopped on Zillow to help find a place that filled their wish list. Builder confidence, perhaps in reaction to the boosted demand, hit record highs and more homes are being built as a result. Add that together and you see why the housing market gained more than in any year since the Great Recession.»

More than a fifth (21.4%) of the nation’s housing value resides in California. Homes in California are worth a cumulative $7.8 trillion, more than the next three states combined, and the state boasts four of the 10 metro areas with the highest total housing value — Los Angeles, San Francisco, San Jose and San Diego. 

North Dakota ($64 billion), Wyoming ($70 billion) and South Dakota ($72 billion), three of the least-populous states, have the smallest shares of the U.S. housing market. Alaska was the only state where the housing stock lost value in 2020, down 1.8% or about $1.5 billion. That was caused by relatively low levels of new construction and declining values among homes in Alaska’s top tier. 

Over the past decade, the total value of the housing stock has more than doubled in six states. Idaho leads the way, gaining 149% since 2011. Most of that growth comes from the Boise metro, where the total housing stock has more than tripled in value during that time, most of any of the 100 largest U.S. metros. Nevada (146.3%), Utah (126.2%), Arizona (116.5%), Colorado (111.6%) and Washington (108%) also saw their total housing market value double over the past decade. 

At a local level, the New York metro area continues to hold the most housing value, though its lead is shrinking. New York metro homes are worth $3.1 trillion in total, with Los Angeles ($2.8 trillion) and San Francisco ($1.7 trillion) homes also exceeding $1 trillion. Seven metros gained more value than New York in 2020, reducing the gap at the top of the list. The value of Los Angeles’ housing stock grew the most last year, up $262 billion — that’s more than the total value of homes in Las Vegas, Orlando and Nashville, to name a few. 

Total Housing Market Value by Metro

Metro Area*

Total Housing
Market Value
(Billions)

Total Housing Market
Value Growth: 2020
(Billions)

Total Housing Market Value
Growth: 2011-2020 (Billions)

New York, NY

$3,132

$57

$639

Los Angeles, CA

$2,813

$262

$1,358

Chicago, IL

$849

$44

$195

Dallas-Fort Worth, TX

$625

$38

$333

Philadelphia, PA

$622

$49

$143

Houston, TX

$533

$42

$272

Washington, DC

$978

$75

$334

Miami-Fort Lauderdale, FL

$698

$35

$327

Atlanta, GA

$570

$50

$287

Boston, MA

$955

$79

$398

San Francisco, CA

$1,712

$90

$913

Detroit, MI

$354

$32

$189

Riverside, CA

$551

$45

$285

Phoenix, AZ

$563

$67

$328

Seattle, WA

$791

$73

$433

Minneapolis-St. Paul, MN

$399

$29

$167

San Diego, CA

$713

$90

$360

St. Louis, MO

$230

$16

$63

Tampa, FL

$310

$34

$164

Baltimore, MD

$313

$20

$56

Denver, CO

$497

$48

$283

Pittsburgh, PA

$184

$8

$60

Portland, OR

$382

$34

$194

Charlotte, NC

$263

$28

$158

Sacramento, CA

$377

$38

$202

San Antonio, TX

$167

$9

$74

Orlando, FL

$230

$15

$127

Cincinnati, OH

$187

$23

$74

Cleveland, OH

$149

$12

$43

Kansas City, MO

$189

$18

$79

Las Vegas, NV

$233

$18

$140

Columbus, OH

$186

$20

$90

Indianapolis, IN

$166

$18

$80

San Jose, CA

$747

$53

$418

Austin, TX

$264

$27

$152

Virginia Beach, VA

$181

$18

$48

Nashville, TN

$213

$12

$114

Providence, RI

$218

$18

$67

Milwaukee, WI

$134

$8

$42

Jacksonville, FL

$149

$15

$73

Memphis, TN

$92

$11

$39

Oklahoma City, OK

$88

$7

$33

Louisville, KY

$94

$4

$29

Hartford, CT

$112

$7

$15

Richmond, VA

$126

$8

$35

New Orleans, LA

$127

$5

$40

Buffalo, NY

$97

$9

$37

Raleigh, NC

$149

$14

$71

Birmingham, AL

$76

$5

$23

Salt Lake City, UT

$164

$19

$85

*Table ordered by market size 

About Zillow Group
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter. 

As the most-visited real estate website in the U.S., Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions.  

Zillow Group’s affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). 

 

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SOURCE Zillow

Bbot Increases Funding to $7.3 Million with New Seed Investment from Rally Ventures

NEW YORK, Jan. 26, 2021 /PRNewswire/ — Bbot Inc., a restaurant and hospitality tech startup dedicated to simplifying and improving the ordering and payment process, today announced the closing of a $4 million seed extension funding round. <a target="_blank"…

NEW YORK, Jan. 26, 2021 /PRNewswire/ — Bbot Inc., a restaurant and hospitality tech startup dedicated to simplifying and improving the ordering and payment process, today announced the closing of a $4 million seed extension funding round. Rally Ventures, a national leader in early-stage business technology investing, led the round, with participation from existing investor Craft Ventures, an early-stage venture fund. With this latest seed extension round, the company’s total funding is now $7.3 million.

The financing will allow Bbot to hire new talent, accelerate its product development and deepen its focus on providing exceptional service to its hundreds of hospitality customers. In 2021, the company will deliver a new feature that reinvents the traditional bar tab by allowing guests and servers to both add to and place orders on a joint tab. Additionally, this year Bbot plans to release its own API, to give hospitality tech partners the ability to build on the Bbot infrastructure.

«We are proud to partner with restaurants, bars and hotels to provide technology solutions that help them make their operations more efficient, convenient and safer for guests, as we navigate the COVID-19 pandemic and prepare for what’s next,» said Steven Simoni, CEO of Bbot. «Making our robust and configurable platform available to other industry partners through our own API was a natural next step and opportunity to deepen our exposure within the industry. With this additional funding in place, we will be able to continue to grow Bbot’s reach and deliver a more seamless experience to all of our hospitality customers.»

Founded in 2017, Bbot helps restaurants, bars, hotels, food halls and other hospitality organizations create digital menus and enable guest-controlled ordering and payment. With Bbot, guests can easily access menus and pay through any smartphone by using QR or location codes right from their tables at the venue. No sign up or app download is required. The company recently won the Hotel Tech Report Award for best in mobile ordering & room service.

«Bbot has a truly impressive infrastructure and has out-built other, more seasoned tech companies in their category by a long shot, with a fraction of the resources,» said Justin Kaufenberg, managing director of Rally Ventures. «In the wake of COVID-19, the hospitality industry has a bigger need than ever for seamless technology solutions that can help them streamline operations and increase their margins. Bbot is well-positioned and proven to help them achieve both.»

«We’re excited to work with Rally Ventures and Bbot to support the evolution of the hospitality industry,» said Jeff Fluhr, general partner at Craft Ventures. «Our continued investment in Bbot reflects our confidence in the company’s ability to expand their footprint, develop exciting technology, and serve as a valuable partner to the hospitality industry as they navigate a new normal.»

Bbot Inc. Press Contact:
Cara Morgan, Tandem Marketing Communications             
caramorgan@tandemcomms.com

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SOURCE Bbot Inc.