MGM Resorts And BetMGM Announce Unified Commitment To Promote Responsible Gaming

LAS VEGAS, March 8, 2021 /PRNewswire/ — MGM Resorts International (NYSE: MGM) and BetMGM today announced a unified commitment to responsible gaming and to providing the tools needed to help players make responsible, informed decisions while playing. This comes as MGM Resorts and BetMGM join the National Council on Problem Gambling in promoting Problem Gambling Awareness Month throughout March.

…

LAS VEGAS, March 8, 2021 /PRNewswire/ — MGM Resorts International (NYSE: MGM) and BetMGM today announced a unified commitment to responsible gaming and to providing the tools needed to help players make responsible, informed decisions while playing. This comes as MGM Resorts and BetMGM join the National Council on Problem Gambling in promoting Problem Gambling Awareness Month throughout March.

With sports betting and iGaming rapidly expanding access and growing in popularity across the United States, BetMGM is prioritizing responsible gaming by integrating education and outreach into the player experience and through customer service. As part of a new joint-initiative, BetMGM and MGM Resorts’ employees will participate in a weekly educational series provided by EPIC Risk designed to provide employees with unique and diverse perspectives on problem gambling and insight into how operators can play an important role in problem gambling prevention.

«We’re committed to providing BetMGM employees with the responsible gambling tools, information, and empowerment they need to ensure the highest level of customer service and care possible,» said Richard Taylor, Responsible Gambling Program Manager, BetMGM. «Throughout the month they’ll hear from experts about the nature of problem gambling, the importance of research and policy, and the role they can play in preventing problem gambling. We’re pleased to collaborate on this critical initiative.»

BetMGM is also promoting the Eighth Annual Gambling Disorder Screening Day, led by Harvard Medical School faculty at the Division on Addiction, Cambridge Health Alliance. The event provides resources including an online screening toolkit to enable individuals to identify if they may be exhibiting behaviors associated with increased risk of harm. Additionally, BetMGM will be adding further responsible gaming resources and tools within the BetMGM app.

MGM Resorts is an established leader in responsible gaming with its award-winning program GameSense, which is integrated into its casinos and sportsbooks nationwide. Developed and licensed by the British Columbia Lottery Corporation (BCLC) in 2017, GameSense transformed the industry’s approach to responsible gaming by incorporating education and outreach into MGM Resorts’ industry-leading customer service model. Whether it’s through personal interactions with trained staff, touch screens or programs built into player interfaces, GameSense promotes responsible gaming education through positive, proactive interactions with players to give them the tools to keep gaming fun and responsible. The program has earned recognition multiple times from the National Council on Problem Gambling.

Stephen Martino, SVP & Chief Compliance Officer, MGM Resorts, said, «MGM Resorts has a long and storied history of supporting responsible gaming efforts and we are proud to support the NCPG’s efforts in addressing problem gambling. Our team members stand ready to assist guests in to helping them understand the risks, where to get help, and ultimately, how to make sure that gambling remains fun.»

These efforts are taking place as BetMGM and MGM Resorts prepare for an influx of visitors to retail sportsbooks and digital properties during March’s college basketball tournament. As BetMGM continues to expand into new states, responsible gaming education remains a key focus.

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company’s 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its «Focused on What Matters: Embracing Humanity and Protecting the Planet» initiative, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.

About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit www.betmgminc.com.  

ABOUT THE NATIONAL COUNCIL ON PROBLEM GAMBLING
Based in Washington DC, the National Council on Problem Gambling is the only national nonprofit organization that seeks to minimize the economic and social costs associated with gambling addiction by working with constituents in all facets of gambling. If gambling becomes a problem, NCPG urges people who gamble, as well as their loved ones, to contact the National Problem Gambling Helpline, which offers hope and help without judgment or shame. If you or someone you know has a gambling problem, call or text 1-800-522-4700 or visit www.ncpgambling.org/chat. Help is available 24/7 – it is free and confidential.

Statements in this release that are not historical facts are «forward-looking» statements and «safe harbor statements» within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in MGM Resorts’ public filings with the SEC. MGM Resorts has based forward-looking statements on management’s current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding the pace of expansion of sports betting and iGaming. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which MGM Resorts operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts’ Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

Media Contacts
MGM Resorts 
Marc Jacobson
media@mgmresorts.com

BetMGM
Elisa Richardson
press@betmgm.com

National Council on Problem Gambling
John Norton
Communications Manager
JohnN@ncpgambling.org

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SOURCE MGM Resorts and BetMGM

Junk Cars Are Worth $196.37 on Average Based on New Report From CarScrappers.com

BUFFALO, N.Y., March 8, 2021 /PRNewswire/ — The average junk car is worth $196.37 according to new research from CarScrappers.com.

The research, which started with 30,000 vehicles and then broke it down to the 10 most common junk cars, also…

BUFFALO, N.Y., March 8, 2021 /PRNewswire/ — The average junk car is worth $196.37 according to new research from CarScrappers.com.

The research, which started with 30,000 vehicles and then broke it down to the 10 most common junk cars, also found that seven out of the 10 most commonly junked cars were Hondas, and the only car to make it over 20 years of age to crack the list was a Honda Accord. 

Here are some interesting findings from the report

  • Model years for the 10 most common junk cars range from 1998 to 2006
  • The oldest of the 10 most common junk cars is a Honda Accord
  • The only cars to make it to 20 years of age are Honda Accords
  • The youngest of the 10 most common junk cars is a Chevrolet Impala
  • The average price for junk cars ranges from $129.20 and $371.64
  • The highest average price paid was $371.64
  • All of the most junked cars are midsize or compact sedans.
  • The average life span of the 10 most common junk cars is 18 years

Todd Bialaszewski, the marketing manager at CarScrappers.com said of the report, «Two of the most common questions our team gets asked are how much junk cars are worth and if they can get more than $500. So, this opens some eyes to those questions.» Bialazewski continued, «True junk cars don’t carry much value beyond their weight in metal. They are at the end of their life, and so are their parts, and this shows that.»

The report provides in-depth insights into which cars are scrapped in the largest numbers, the average prices that they brought for their owners, and the prices paid for each of these cars in the various major cities that most were sourced from.

ABOUT CARSCRAPPERS.COM

CarScrappers.com is a leading buyer of junk cars with a nationwide footprint. CarScrappers.com has paid out over $2 million to consumers for their junk cars with a mission to make scrapping a car simple, fast, and painless.

Contact:

Car Scrappers
Todd Bialazewski
1-866-697-8965
todd@carscrappers.com
https://www.carscrappers.com

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SOURCE CarScrappers.com

$ 103.75 Billion Growth in Car Rental Market 2020-2024 | Advances in Rental Processes to Emerge as Key Trend | Technavio

NEW YORK, March 8, 2021 /PRNewswire/ — The global car rental market is poised to grow by USD 103.75 billion during 2020-2024, progressing at a CAGR of over 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

<a…

NEW YORK, March 8, 2021 /PRNewswire/ — The global car rental market is poised to grow by USD 103.75 billion during 2020-2024, progressing at a CAGR of over 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

For more details, Get a Free Sample Report Delivered Instantly

Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the car rental market.

Frequently Asked Questions:

  • Based on segmentation by Type, which is the leading segment in the market?
    Based on the type, the market saw maximum growth in the economy cars segment in 2019.
  • What are the major trends in the market?
    Advances in rental processes will be the major trend in the market.
  • At what rate is the market projected to grow?
    The market is projected to grow at a CAGR of over 17% during the forecast period.
  • Who are the top players in the market?
    Avis Budget Group Inc., Carzonrent India Pvt. Ltd., Enterprise Holdings Inc., Europcar Mobility Group SA, Expedia Group Inc., Hertz Global Holdings Inc., Localiza Rent a Car SA, Movida Participações SA, SIXT SE, and Turo Inc. are the major players in the market.
  • What are the key market drivers and challenges?
    The market is driven by the incorporation of advanced digital technologies. However, security issues of telematics in vehicles might challenge growth.
  • How big is the North American market?
    North America dominated the market with a 43% share in 2019.

Related Reports on Financials Include:

Railcar Leasing Market in Europe – Railcar leasing market in Europe is segmented by type (freight cars, tank wagons, and intermodals) and geography (Germany, France, the UK, Poland, and the Rest of Europe). Get an Exclusive Free Sample Report

Global Automotive Usage-based Insurance Market – Global automotive usage-based insurance market is segmented by geography (APAC, Europe, and North America), pricing scheme (pay-how-you-drive, pay-as-you-drive, and manage-how-you-drive), and application (automotive embedded UBI and automotive app-based UBI). Get an Exclusive Free Sample Report

Develop Smart Strategies for Your Business: Grab a Free Sample Report Now!

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Avis Budget Group Inc., Carzonrent India Pvt. Ltd., Enterprise Holdings Inc., Europcar Mobility Group SA, Expedia Group Inc., Hertz Global Holdings Inc., Localiza Rent a Car SA, Movida Participações SA, SIXT SE, and Turo Inc. are some of the major market participants. Although the incorporation of advanced digital technologies will offer immense growth opportunities, security issues of telematics in vehicles are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this car rental market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Car Rental Market 2020-2024: Segmentation

Car Rental Market is segmented as below:

  • Type
    • Economy Cars
    • Executive Cars
    • Luxury Cars
    • SUVs
    • MUVs
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America
  • Mode of Booking
    • Offline
    • Online
  • Rental Category
    • Airport Transport
    • Local Transport
    • Outstation Transport
    • Other Transport

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40065

Car Rental Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The car rental market report covers the following areas:

  • Car Rental Market Size
  • Car Rental Market Trends
  • Car Rental Market Industry Analysis

This study identifies advances in rental processes as one of the prime reasons driving the Car Rental Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports. 
Technavio’s SUBSCRIPTION platform

Car Rental Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist car rental market growth during the next five years
  • Estimation of the car rental market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the car rental market across APAC, Europe, MEA, North America, and South America
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of car rental market vendors

Table of Contents:
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Economy cars – Market size and forecast 2019-2024
  • Executive cars – Market size and forecast 2019-2024
  • Luxury cars – Market size and forecast 2019-2024
  • SUVs – Market size and forecast 2019-2024
  • MUVs – Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: MARKET SEGMENTATION BY MODE OF BOOKING

  • Market segmentation by mode of booking
  • Comparison by mode of booking
  • Offline – Market size and forecast 2019-2024
  • Online – Market size and forecast 2019-2024
  • Market opportunity by mode of booking

PART 10: MARKET SEGMENTATION BY RENTAL CATEGORY

  • Market segmentation by rental category
  • Comparison by rental category
  • Airport transport – Market size and forecast 2019-2024
  • Local transport – Market size and forecast 2019-2024
  • Outstation transport – Market size and forecast 2019-2024
  • Other transport – Market size and forecast 2019-2024
  • Market opportunity by rental category

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Advent of intermediaries
  • Value-for-money car rental services
  • Advances in rental processes
  • Growing interest in self-driving vehicles

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Avis Budget Group Inc.
  • Carzonrent India Pvt. Ltd.
  • Enterprise Holdings Inc.
  • Europcar Mobility Group SA
  • Expedia Group Inc.
  • Hertz Global Holdings, Inc.
  • Localiza Rent a Car SA
  • Movida Participações SA
  • SIXT SE
  • Turo Inc.

PART 16: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 17: EXPLORE TECHNAVIO

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report Link: https://www.technavio.com/report/car-rental-market-industry-analysis

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SOURCE Technavio

$ 19.84 Billion Growth in Global Amusement Park Market 2020-2024 | Increasing Investments in International Tourism to Drive Market | Technavio

NEW YORK, March 8, 2021 /PRNewswire/ — The global amusement park market is poised to grow by USD 19.84 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
For more details, <a target="_blank"…

NEW YORK, March 8, 2021 /PRNewswire/ — The global amusement park market is poised to grow by USD 19.84 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
For more details, Get a Free Sample Report Delivered Instantly

Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the amusement park market.

Frequently Asked Questions:

  • What are the major trends in the market?
    The rise in the number of baby-boomer visitors is the major trend in the market.
  • At what rate is the market projected to grow?
    The market is projected to grow at a CAGR of almost 7% during the forecast period.
  • Who are the top players in the market?
    Aspro Parks SA, Cedar Fair LP, Comcast Corp., Compagnie des Alpes SA, Merlin Entertainments Plc, PARQUES REUNIDOS SERVICIOS CENTRALES SA, SeaWorld Entertainment Inc., Six Flags Entertainment Corp., The Walt Disney Co., and Village Roadshow Ltd. are the top players in the market.
  • What are the key market drivers?
    The market is driven by increasing investments in international tourism.
  • How big is the North America market?
    North America dominated the market with a 50% share in 2019.

Related Reports on Consumer Discretionary Include:

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Global Winter Sports Equipment Market – Global winter sports equipment market is segmented by product (SP SB and HS, footwear, protective gear, and others), application (skiing, Ice hockey, snowboarding, and figure skating), geography (North America, Europe, APAC, South America, and MEA). Get an Exclusive Free Sample Report

Develop Smart Strategies for Your Business: Grab a Free Sample Report Now!

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aspro Parks SA, Cedar Fair LP, Comcast Corp., Compagnie des Alpes SA, Merlin Entertainments Plc, PARQUES REUNIDOS SERVICIOS CENTRALES SA, SeaWorld Entertainment Inc., Six Flags Entertainment Corp., The Walt Disney Co., and Village Roadshow Ltd. are some of the major market participants. The increasing investments in international tourism will offer immense growth opportunities for the market vendors. In a bid to help players strengthen their market foothold, this amusement park market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Amusement Park Market 2020-2024: Segmentation

Amusement Park Market is segmented as below:

  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40528

Amusement Park Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The amusement park market report covers the following areas:

  • Amusement Park Market Size
  • Amusement Park Market Trends
  • Amusement Park Market Industry Analysis

This study identifies a rise in the number of baby-boomer visitors as one of the prime reasons driving the Amusement Park Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports. 
Technavio’s SUBSCRIPTION platform

Amusement Park Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist amusement park market growth during the next five years
  • Estimation of the amusement park market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the amusement park market across APAC, Europe, MEA, North America, and South America
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of amusement park market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type placement
  • Tickets – Market size and forecast 2019-2024
  • Hospitality – Market size and forecast 2019-2024
  • Merchandising – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Aspro Parks SA
  • Cedar Fair LP
  • Comcast Corp.
  • Compagnie des Alpes SA
  • Merlin Entertainments Plc
  • PARQUES REUNIDOS SERVICIOS CENTRALES SA
  • SeaWorld Entertainment Inc.
  • Six Flags Entertainment Corp.
  • The Walt Disney Co.
  • Village Roadshow Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/ 

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SOURCE Technavio

Over $ 347 Million Growth in In-flight Entertainment Systems Market 2020-2024 | Growing Trend of BYOD Aboard Aircraft to Emerge as Key Trend | Technavio

NEW YORK, March 8, 2021 /PRNewswire/ — The global in-flight entertainment systems market is poised to grow by USD 347.17 mn during 2020-2024, progressing at a CAGR of over 1%. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
For more details, <a target="_blank"…

NEW YORK, March 8, 2021 /PRNewswire/ — The global in-flight entertainment systems market is poised to grow by USD 347.17 mn during 2020-2024, progressing at a CAGR of over 1%. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
For more details, Get a Free Sample Report Delivered Instantly

Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the in-flight entertainment systems market.

Frequently Asked Questions:

  • Based on segmentation by product, which is the leading segment in the market?
    Based on the product, the market saw maximum growth in the hardware segment in 2019.
  • What are the major trends in the market?
    The growing trend of BYOD aboard aircraft is the major trend in the market.
  • At what rate is the market projected to grow?
    The market is projected to grow at a CAGR of over 1% during 2020-2024.
  • Who are the top players in the market?
    Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. are the key players in the market.
  • What are the key market drivers and challenges?
    The market is driven by increasing air passenger traffic. However, the high costs associated with networking technologies and connectivity hardware might challenge growth.
  • How big is the APAC market?
    APAC dominated the market with a 48% share in 2019.

Related Reports on Communication Services Include:

Global VR Gaming Market – Global VR gaming market is segmented by type (hardware, software, and accessories), application (PCs, consoles, and mobile devices), geography (Europe, North America, APAC, South America, and MEA). Get an Exclusive Free Sample Report

Global Mobile Advertising Market – Global mobile advertising market is segmented by type (display, search, and SMS), geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample Report

Develop Smart Strategies for Your Business: Grab a Free Sample Report Now!

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. are some of the major market participants. Although the increasing air passenger traffic will offer immense growth opportunities, high costs associated with networking technologies and connectivity hardware are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this in-flight entertainment systems market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

In-flight Entertainment Systems Market 2020-2024: Segmentation

In-flight Entertainment Systems Market is segmented as below:

  • Product
    • Hardware
    • Connectivity
    • Content
  • Geography
    • North America
    • APAC
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44404

In-flight Entertainment Systems Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The in-flight entertainment systems market report covers the following areas:

  • In-flight Entertainment Systems Market Size
  • In-flight Entertainment Systems Market Trends
  • In-flight Entertainment Systems Market Industry Analysis

This study identifies the growing trend of BYOD aboard aircraft as one of the prime reasons driving the In-flight Entertainment Systems Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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In-flight Entertainment Systems Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist in-flight entertainment systems market growth during the next five years
  • Estimation of the in-flight entertainment systems market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the in-flight entertainment systems market across North America, APAC, Europe, MEA, and South America
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of in-flight entertainment systems market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Hardware – Market size and forecast 2019-2024
  • Connectivity – Market size and forecast 2019-2024
  • Content – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Burrana Pty Ltd.
  • FDS Avionics Corp.
  • Global Eagle Entertainment Inc.
  • GOGO LLC
  • Honeywell International Inc.
  • Inmarsat Group Ltd.
  • Panasonic Corp.
  • Safran SA
  • Thales Group
  • Viasat Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
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SOURCE Technavio

Kia teases EV6, its first dedicated EV

–  First EV to use Kia’s dedicated EV platform (E-GMP) and Kia’s new EV nomenclature

–  Distinctive silhouette displays sharp lines and high-tech details

–  Kia reveals new naming strategy for upcoming dedicated battery electric vehicles

SEOUL, South Korea, March 8, 2021 /PRNewswire/ — Kia Corporation has revealed the first official images of the EV6 – its first dedicated battery electric vehicle (BEV) built on the company’s new EV platform…

–  First EV to use Kia’s dedicated EV platform (E-GMP) and Kia’s new EV nomenclature

–  Distinctive silhouette displays sharp lines and high-tech details

–  Kia reveals new naming strategy for upcoming dedicated battery electric vehicles

SEOUL, South Korea, March 8, 2021 /PRNewswire/ — Kia Corporation has revealed the first official images of the EV6 – its first dedicated battery electric vehicle (BEV) built on the company’s new EV platform (Electric-Global Modular Platform, or E-GMP).

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8859751-kia-teases-ev6-first-dedicated-ev/

EV6 is also the first of Kia’s next-generation BEVs to be developed under a new design philosophy that embodies Kia’s shifting focus towards electrification.

«EV6 is the embodiment of both our brand purpose, ‘Movement that inspires’, and our new design philosophy. It has been designed to inspire every journey by offering an instinctive and natural experience that improves the daily lives of our customers, and provide user ownership that is simple, intuitive and integrated,» said Karim Habib, Senior Vice President and Head of Kia Global Design Center. «Our aim is to design the physical experience of our brand and to create bold, original and inventive electric vehicles.»

Kia’s new naming strategy for upcoming dedicated BEVs
As part of the company’s brand transition, Kia’s new dedicated battery electric vehicles will be named according to a new naming strategy. The new approach brings simplicity and consistency to Kia’s EV nomenclature across all global markets.

All of Kia’s new dedicated BEVs will start with the prefix ‘EV’ which makes it easy for consumers to understand which of Kia’s products are fully electric. This is followed by a number which corresponds to the car’s position in the line-up.

Designed and engineered to embody Kia’s new brand slogan, ‘Movement that inspires’, EV6 will make its world premiere during the first quarter of 2021.

For more information, visit the Kia Global Media Center at www.kianewscenter.com

 

 

Kia teases EV6, its first dedicated EV

 

Kia teases EV6, its first dedicated EV

 

Kia teases EV6, its first dedicated EV

 

Cision View original content:http://www.prnewswire.com/news-releases/kia-teases-ev6-its-first-dedicated-ev-301242640.html

SOURCE Kia Corporation

Actualización sobre el coronavirus (COVID-19): La FDA emite una autorización para la primera prueba molecular en casa que no requiere receta médica

SILVER SPRING, Md., 8 de marzo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Hoy, la Administración de Alimentos y Medicamentos de los Estados Unidos (FDA, por sus siglas en inglés) emitió una autorización de uso de emergencia (EUA, por sus siglas en inglés) para la prueba Cue COVID-19 para uso doméstico y de venta libre (OTC, por sus siglas en inglés). El producto es una prueba molecular de amplificación de ácidos nucleicos (NAAT) que está prevista para detectar material genético del virus del SARS-CoV-2 presente en las…

SILVER SPRING, Md., 8 de marzo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Hoy, la Administración de Alimentos y Medicamentos de los Estados Unidos (FDA, por sus siglas en inglés) emitió una autorización de uso de emergencia (EUA, por sus siglas en inglés) para la prueba Cue COVID-19 para uso doméstico y de venta libre (OTC, por sus siglas en inglés). El producto es una prueba molecular de amplificación de ácidos nucleicos (NAAT) que está prevista para detectar material genético del virus del SARS-CoV-2 presente en las fosas nasales. La prueba es la primera prueba molecular autorizada para su uso en casa sin receta médica. 

«La autorización de esta nueva prueba diagnóstica recalca el objetivo de la FDA de seguir apoyando la innovación en las pruebas y proporcionando flexibilidad a los desarrolladores de las mismas con el objetivo de aumentar la disponibilidad de pruebas precisas y fiables para todos los estadounidenses», dijo la comisionada interina de la FDA, la Dr. Janet Woodcock, M.D. «La FDA seguirá ampliando el acceso de los estadounidenses a las pruebas para ayudarnos en la lucha contra esta pandemia, la cual ha cobrado más de medio millón de vidas en los Estados Unidos».

La prueba Cue COVID-19 para uso en casa y de venta libre (OTC) está autorizada para uso en casa sin receta médica para la detección cualitativa del ácido nucleico del SARS-CoV-2 en muestras de hisopo nasal anterior (nasal) tomadas con la varilla de muestra Cue. Esta prueba está prevista para su uso en adultos (auto hisopado) o niños de dos años o mayores (hisopado por un adulto) con o sin síntomas u otras razones epidemiológicas para sospechar que tengan el COVID-19.

La prueba autorizada incluye: el cartucho de prueba Cue COVID-19 de un solo uso, la varilla de muestra Cue de un solo uso, el lector de cartuchos Cue (utilizado por el sistema de monitoreo de salud Cue, proporcionado por separado) y la aplicación móvil de Cue Health (App) que se descarga en dispositivos móviles inteligentes compatibles, como un teléfono móvil inteligente. El lector de cartuchos Cue, reutilizable y que funciona con pilas, ejecuta el cartucho de prueba Cue e informa los resultados directamente a la aplicación de Cue Health en unos 20 minutos. La aplicación móvil requiere que las personas creen una cuenta, y en el futuro se actualizará para incluir la capacidad de reportar los resultados de las pruebas, según corresponda, a las autoridades de salud pública para monitorear la prevalencia de la enfermedad.

La prueba Cue COVID-19 para uso en casa y de venta libre (OTC) identificó correctamente el 96% de las muestras positivas de personas con síntomas conocidos e identificó correctamente el 100% de las muestras positivas de personas sin síntomas. Cue Health espera producir más de 100,000 pruebas al día para el verano de 2021.

«La FDA sigue dando prioridad a la disponibilidad de más opciones de pruebas en casa en respuesta a la pandemia», dijo Jeff Shuren, M.D., J.D., director del Centro de Dispositivos y Salud Radiológica de la FDA. «La prueba Cue COVID-19 para uso en casa y de venta libre (OTC) ofrece acceso a pruebas en casa precisas y confiables que no requieren receta médica. La FDA continuará trabajando en colaboración con los desarrolladores de pruebas para avanzar opciones de pruebas efectivas para los médicos, los profesionales médicos y el público».

La FDA ha autorizado más de 330 pruebas y kits de recolección de muestras para una variedad de usos, usuarios y lugares para proporcionar una amplia gama de opciones de pruebas. La FDA también ha priorizado la revisión y autorización de las solicitudes de las EUA teniendo en cuenta una variedad de factores, como se analiza en la Guía de Autorización de Uso de Emergencia de Productos Médicos y Autoridades Relacionadas (en inglés), tales como la necesidad de salud pública del producto y la disponibilidad del mismo, con el objetivo de ampliar la capacidad general de pruebas en los EE. UU. y el acceso de los pacientes a las pruebas. Por ejemplo, la FDA ha priorizado la revisión de las solicitudes de las EUA para pruebas en las que la autorización aumentaría la accesibilidad de las pruebas (por ejemplo, pruebas en el punto de atención (POC, por sus siglas en inglés), las pruebas de recolección en el hogar y las pruebas en casa) o aumentaría significativamente la capacidad de las pruebas (por ejemplo, pruebas que reducen la dependencia de los suministros de las pruebas y las pruebas de alto rendimiento y ampliamente distribuidas). Las pruebas que cuentan con la EUA se pueden encontrar en nuestro sitio web en las EUA de diagnóstico in vitro. 

Contacto con los medios de comunicación: Audra Harrison, 301-908-6101
Consultas del consumidor: 888-INFO-FDA

La FDA, una agencia que es parte del Departamento de Salud y Servicios Humanos de los Estados Unidos, protege la salud pública al asegurar la seguridad, eficacia y protección de los medicamentos humanos y veterinarios, vacunas y otros productos biológicos para el uso humano, y los dispositivos médicos. La agencia también es responsable de la seguridad del suministro de alimentos, cosméticos, suplementos alimenticios, y de los productos que emiten radiación electrónica de nuestra nación, y de regular los productos de tabaco.

U.S. Food and Drug Administration (FDA) logo

Logo – http://mma.prnewswire.com/media/622604/FDA_Logo.jpg

FUENTE U.S. Food and Drug Administration

Actualización sobre el coronavirus (COVID-19): La FDA emite una autorización para la primera prueba molecular en casa que no requiere receta médica

SILVER SPRING, Md., 8 de marzo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Hoy, la Administración de Alimentos y Medicamentos de los Estados Unidos (FDA, por sus siglas en inglés) emitió una autorización de uso de emergencia (EUA, por sus siglas en inglés) para la prueba Cue COVID-19 para uso doméstico y de venta libre (OTC, por sus siglas en inglés). El producto es una prueba molecular de amplificación de ácidos nucleicos (NAAT) que está prevista para detectar material genético del virus del SARS-CoV-2 presente en las…

SILVER SPRING, Md., 8 de marzo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Hoy, la Administración de Alimentos y Medicamentos de los Estados Unidos (FDA, por sus siglas en inglés) emitió una autorización de uso de emergencia (EUA, por sus siglas en inglés) para la prueba Cue COVID-19 para uso doméstico y de venta libre (OTC, por sus siglas en inglés). El producto es una prueba molecular de amplificación de ácidos nucleicos (NAAT) que está prevista para detectar material genético del virus del SARS-CoV-2 presente en las fosas nasales. La prueba es la primera prueba molecular autorizada para su uso en casa sin receta médica. 

«La autorización de esta nueva prueba diagnóstica recalca el objetivo de la FDA de seguir apoyando la innovación en las pruebas y proporcionando flexibilidad a los desarrolladores de las mismas con el objetivo de aumentar la disponibilidad de pruebas precisas y fiables para todos los estadounidenses», dijo la comisionada interina de la FDA, la Dr. Janet Woodcock, M.D. «La FDA seguirá ampliando el acceso de los estadounidenses a las pruebas para ayudarnos en la lucha contra esta pandemia, la cual ha cobrado más de medio millón de vidas en los Estados Unidos».

La prueba Cue COVID-19 para uso en casa y de venta libre (OTC) está autorizada para uso en casa sin receta médica para la detección cualitativa del ácido nucleico del SARS-CoV-2 en muestras de hisopo nasal anterior (nasal) tomadas con la varilla de muestra Cue. Esta prueba está prevista para su uso en adultos (auto hisopado) o niños de dos años o mayores (hisopado por un adulto) con o sin síntomas u otras razones epidemiológicas para sospechar que tengan el COVID-19.

La prueba autorizada incluye: el cartucho de prueba Cue COVID-19 de un solo uso, la varilla de muestra Cue de un solo uso, el lector de cartuchos Cue (utilizado por el sistema de monitoreo de salud Cue, proporcionado por separado) y la aplicación móvil de Cue Health (App) que se descarga en dispositivos móviles inteligentes compatibles, como un teléfono móvil inteligente. El lector de cartuchos Cue, reutilizable y que funciona con pilas, ejecuta el cartucho de prueba Cue e informa los resultados directamente a la aplicación de Cue Health en unos 20 minutos. La aplicación móvil requiere que las personas creen una cuenta, y en el futuro se actualizará para incluir la capacidad de reportar los resultados de las pruebas, según corresponda, a las autoridades de salud pública para monitorear la prevalencia de la enfermedad.

La prueba Cue COVID-19 para uso en casa y de venta libre (OTC) identificó correctamente el 96% de las muestras positivas de personas con síntomas conocidos e identificó correctamente el 100% de las muestras positivas de personas sin síntomas. Cue Health espera producir más de 100,000 pruebas al día para el verano de 2021.

«La FDA sigue dando prioridad a la disponibilidad de más opciones de pruebas en casa en respuesta a la pandemia», dijo Jeff Shuren, M.D., J.D., director del Centro de Dispositivos y Salud Radiológica de la FDA. «La prueba Cue COVID-19 para uso en casa y de venta libre (OTC) ofrece acceso a pruebas en casa precisas y confiables que no requieren receta médica. La FDA continuará trabajando en colaboración con los desarrolladores de pruebas para avanzar opciones de pruebas efectivas para los médicos, los profesionales médicos y el público».

La FDA ha autorizado más de 330 pruebas y kits de recolección de muestras para una variedad de usos, usuarios y lugares para proporcionar una amplia gama de opciones de pruebas. La FDA también ha priorizado la revisión y autorización de las solicitudes de las EUA teniendo en cuenta una variedad de factores, como se analiza en la Guía de Autorización de Uso de Emergencia de Productos Médicos y Autoridades Relacionadas (en inglés), tales como la necesidad de salud pública del producto y la disponibilidad del mismo, con el objetivo de ampliar la capacidad general de pruebas en los EE. UU. y el acceso de los pacientes a las pruebas. Por ejemplo, la FDA ha priorizado la revisión de las solicitudes de las EUA para pruebas en las que la autorización aumentaría la accesibilidad de las pruebas (por ejemplo, pruebas en el punto de atención (POC, por sus siglas en inglés), las pruebas de recolección en el hogar y las pruebas en casa) o aumentaría significativamente la capacidad de las pruebas (por ejemplo, pruebas que reducen la dependencia de los suministros de las pruebas y las pruebas de alto rendimiento y ampliamente distribuidas). Las pruebas que cuentan con la EUA se pueden encontrar en nuestro sitio web en las EUA de diagnóstico in vitro. 

Contacto con los medios de comunicación: Audra Harrison, 301-908-6101
Consultas del consumidor: 888-INFO-FDA

La FDA, una agencia que es parte del Departamento de Salud y Servicios Humanos de los Estados Unidos, protege la salud pública al asegurar la seguridad, eficacia y protección de los medicamentos humanos y veterinarios, vacunas y otros productos biológicos para el uso humano, y los dispositivos médicos. La agencia también es responsable de la seguridad del suministro de alimentos, cosméticos, suplementos alimenticios, y de los productos que emiten radiación electrónica de nuestra nación, y de regular los productos de tabaco.

U.S. Food and Drug Administration (FDA) logo

Logo – http://mma.prnewswire.com/media/622604/FDA_Logo.jpg

FUENTE U.S. Food and Drug Administration

Micro Bird Propane Bus Achieves Coveted Low NOx Certification

LIVONIA, Mich., March 8, 2021 /PRNewswire-PRWeb/ — Micro Bird is the first to bring to market a Type A propane autogas school bus with low nitrogen oxides.

The company’s G5 Type A bus equipped with ROUSH CleanTech’s Gen 5 propane fuel system is certified to…

LIVONIA, Mich., March 8, 2021 /PRNewswire-PRWeb/ — Micro Bird is the first to bring to market a Type A propane autogas school bus with low nitrogen oxides.

The company’s G5 Type A bus equipped with ROUSH CleanTech’s Gen 5 propane fuel system is certified to California Air Resources Board’s optional low nitrogen oxide emissions standard of 0.05 grams per brake horsepower-hour (g/bhp-hr), making it 75% cleaner than federal U.S. emission standards. Type A buses, made of a bus body constructed on a cutaway front-section vehicle, usually carry nine to 36 students.

«Every district wants to lessen students’ exposure to damaging exhaust that can have negative health effects on children,» said Steve Girardin, president of Micro Bird. «With the Micro Bird G5 propane bus’s new CARB certification, we help our customers lower their carbon footprint while also offering the most horsepower of any Type A bus.»

Micro Bird buses integrating ROUSH CleanTech’s Gen 5 system reduce nitrogen oxides and greenhouse gas emissions, which helps optimize fuel efficiency. They also can operate on renewable propane to further reduce emissions and carbon intensity values. The system features the compact, 350-horsepower Ford 7.3L engine, and benefits from all of Ford’s performance and quality characteristics, such as horsepower, torque and towing, while maintaining the OEM factory warranty.

More than 40 school districts across North America operate nearly 300 Micro Bird Type A propane buses, including Carmel Clay Schools in Indiana. «With our Type A propane buses, we save money due to the low cost of maintenance and fuel, and the low emissions help us do our part to clean up air quality,» said Ron Farrand, Jr., director of facilities and transportation.

Propane buses have become widespread among school districts. «There are more than 17,000 of our propane school buses in operation due to the significant cost-effective, emissions-reducing benefits,» said Ryan Zic, vice president of school bus sales for ROUSH CleanTech. «Customers are fully supported with Blue Bird/Micro Bird dealers in every state and province, and more than 700 service locations through our service network.»

Propane autogas reduces maintenance costs and wear and tear on the engine and components. On average, the fuel costs about 40% less than gasoline and 50% less than diesel.

About Micro Bird: Since its beginning in 1966, Girardin Minibus became an established brand in the market thanks to its products, superior quality and dealer network. A partnership dating over 55 years in the bus market, Blue Bird and Girardin joined forces to add the minibus to reinforce Blue Bird presence in the small bus segment. In 2009, Blue Bird became an equal shareholder of Girardin Minibus, now known as Micro Bird, combining the reputations and experiences of both Blue Bird and Girardin. Ten years later, Micro Bird’s 500+ employees take pride in being the established North American Type A reference and market leader with plans to keep growing and raising the bar. Learn more at MicroBird.com.

About ROUSH CleanTech: ROUSH CleanTech, an industry leader of advanced clean transportation solutions, is a division of the global engineering company Roush Enterprises. ROUSH CleanTech develops propane autogas and electric propulsion technology for medium-duty Ford commercial vehicles and school buses. With more than 37,000 vehicles on the road, the Livonia, Michigan-based company delivers economical, emissions-reducing options for fleets across North America. Learn more at ROUSHcleantech.com or by calling 800.59.ROUSH.

Media Contact

Gregg Voss, ROUSH CleanTech, 224.542.9530, gvoss@tsncommunications.com

Twitter

 

SOURCE ROUSH CleanTech

On International Women’s Day, Credello Explores Gender Inequality in the Housing Market

NEW YORK, March 8, 2021 /PRNewswire/ — Single women are becoming homeowners at a faster rate than single men (score!), accounting for 19% of first-time buyers compared to 11% of unattached men1. The median age of these female buyers is 33. Great, right? 

Millennial ladies are shoving the men aside and ascending the throne of real estate royalty. They’re deciding that home ownership is worth it—after knowing what it’s like to rent and understanding the benefits of…

NEW YORK, March 8, 2021 /PRNewswire/ — Single women are becoming homeowners at a faster rate than single men (score!), accounting for 19% of first-time buyers compared to 11% of unattached men1. The median age of these female buyers is 33. Great, right? 

Millennial ladies are shoving the men aside and ascending the throne of real estate royalty. They’re deciding that home ownership is worth it—after knowing what it’s like to rent and understanding the benefits of owning a home, like having the option of taking out a home equity loan for debt consolidation. However, a closer look at the data shows that women ultimately purchase homes at higher prices and sell them at lower costs than men (boooo!).  

Why single women are invested in home ownership

Women are getting married and having children later in life, focusing more on their careers. They make up just over half of all payroll jobs in the U.S., coming in at 50.04%2. They have the resources to purchase real estate and realize that home equity is both a smart investment and a tax benefit. This might explain why single women own approximately 1.5 million more homes than single men in the 50 largest U.S. metro areas.3  

But once you parse the data, the outcome for women is shown to be far less encouraging. One recent study4 from Yale shows that single women purchase homes for 2% more than single men. When mortgages are taken into account, assuming 20% down and 80% financed, this increases to about 7%.  They then sell their homes for 2% less. So, what’s the deal?  

5 reasons why women lose overall in home ownership

1. Less purchasing power: Women currently earn 81 cents on the dollar compared to men, translating to less purchasing power when it comes to buying homes. This likely contributes to the fact that single men buy more expensive homes. The median home purchase price for single men is $215,000, compared to $189,000 for single women1.    

2. Homes appreciate slower: Homes owned by single women are less valuable and consequently appreciate at slower rates. Furthermore, one study shows that this gap widens over time. After 15 years, homes owned by single men were worth 17% more than homes owned by single women5.  

3. Women negotiate lower discounts: The Yale study notes that single women receive smaller discounts on homes than single men do. Women also agree to bigger discounts when selling.  

The biggest price discrepancy happens when a woman is selling and a man is buying. And it looks like there’s a reason why they don’t try to play hardball. Research shows that women who negotiate are viewed less favorably than their deal-making male counterparts6.  

4. Men take more risks; make upgrades: Men are more likely to purchase riskier properties than women, which can offer higher returns. Guys are also more likely to invest in housing upgrades.  

5. Men have better market timing: Single men have better market timing than single women. No, men don’t have a crystal ball or a tingling spidey sense for when the market is hot. One hypothesis from the Yale study is that women deal with more time constraints on when they can buy and sell due to them being more likely to have children/care for dependents.  

[1] National Association of Realtors 

[2] USA Facts 

[3] LendingTree 

[4] Yale University 

[5] RealtyTrac 

[6] Harvard University 

Cision View original content:http://www.prnewswire.com/news-releases/on-international-womens-day-credello-explores-gender-inequality-in-the-housing-market-301242648.html

SOURCE Credello