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Note: The occupancy rate will increase next week due to Hurricane Ian. From CoStar: STR: US Weekly Hotel Occupancy Reaches 70% U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through Sept. 24. Sept. 18-24, 2022 (percentage change from comparable week in 2019*): • Occupancy: 70.0% (-1.5%) • Average daily rate (ADR): $157.99 (+15.7%) • Revenue per available room (RevPAR): $110.60 (+13.9%) *Due to the pandemic impact,
At Future Proof , I spoke with hosts Jeffrey Sherman and Samuel Lau of Doubleline + The Sherman Show about investing, the future of financial conferences, and why not failing means you are not taking enough risk. It’s fun conversation, and Jeff & Sam are great hosts. TSS Episode 125: Barry Ritholtz on Financial Advisers, Clients, Market Outlooks and Building Portfolios.
Hurricane Ian could result in as much as $40 billion in property damage, reports The New York Times. Commercial Observer looks at how the Inflation Reduction Act will impact commercial real estate. These are among today’s must reads from around the commercial real estate industry.
The DOL reported : In the week ending September 24, the advance figure for seasonally adjusted initial claims was 193,000 , a decrease of 16,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 213,000 to 209,000. The 4-week moving average was 207,000, a decrease of 8,750 from the previous week's revised average.
Where are top advisors focusing in 2025? AcquireUp’s 2025 Industry Index reveals it all. Based on insights from 200+ financial professionals nationwide, discover why 74% say seminars and referrals deliver the best ROI, how automation is helping advisors scale faster, and why only 8% are tapping into niche marketing (a major growth opportunity!). Whether you're refining your client acquisition strategy or scaling your practice, this report gives you the real-world data, benchmarks, and action ste
Following the blockbuster settlement, expect messaging apps and personal devices to be a "routine" part of SEC scrutiny for firms of all sizes, say compliance experts.
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices Declined Further in July Excerpt: It has been over 16 years since the bubble peak. In the Case-Shiller release Tuesday, the seasonally adjusted National Index (SA), was reported as being 65% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 15% above the bubble peak (and historically there has been an upward slope to real house prices).
Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions). From the Las Vegas Visitor Authority: August 2022 Las Vegas Visitor Statistics August visitation reached nearly 3.2M visitors for the month, up +6.4% YoY and ‐10.9% below the August 2019 volume. Overall hotel occupancy reached 76.8%, +4.0 pts ahead of last August but down ‐10.9 pts vs.
My morning train WFH reads: • The Forbes 400 2022: The Definitive Ranking of The Wealthiest Americans : In 2022 The wealthiest people in the U.S. are poorer than a year ago—and the cutoff to make the list fell for the first time since the Great Recession. ( Forbes ). • Sympathy for the Dimon : He’s dealing with an important shortage: Balance Sheet. ( Financial Times ) see also The Reinvention of Goldman Sachs : what has David Solomon achieved?
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
From the BEA: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2022 and Annual Update Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022 , according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 1.6 percent (same as previously published).
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Strategy It's been a long time since you could say bonds were competition for stocks. (ritholtz.com) Mitigating risk in your portfolio always comes with a trade-off. (blog.validea.com) International stocks Why you shouldn't hedge the currency exposure of international stocks. (monevator.com) This week shows why you need to mitigate your home country bias.
Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.
Last week I wrote about navigating the pain of your first bear market after receiving a question from a young person about how to survive down markets. The natural follow-up question, which I received from a number of readers, is this: Sure, it makes sense for young people to stay the course and keep investing during down markets. But I’m retired.
Having a personal brand offers plenty of competitive advantages whether you’re a founder of a startup, an executive, or an entrepreneur. It’s an essential piece if you want to grow your business. When creating a strong personal brand, one of the first things you need to have is a personal brand statement. This short piece about your personal brand has a.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
By Matt Pais, MDRT Content Specialist Sometimes you may see other advisors working more successfully with clients. Fred O’Connor, ChFC, CFP, a nine-year MDRT member from Deerfield, Illinois, says it’s not because those advisors are different from you — they’re just getting in front of the right people. “You see successful people in this business, and some of them have these great clients or they had a big case.
As the tropical storm heads north and regains strength, Georgia’s port of Savannah, the largest container port in the Southeast, is allowing ships at anchor to leave toward safer locations, but is closed for new arrivals. Meanwhile, South Carolina’s port of Charleston plans to suspend all marine terminals operations Friday.
Website traffic is crucial for business owners. More traffic to your website could mean more sales, Ad revenue, email subscribers & leads, so it should be a top priority. While you know that you should be driving more traffic to your website, it not as easy as some make it sound. It doesn’t take much. Read more. The post 21 Ways To Drive More Traffic To Your Website appeared first on Steven J.
The latest wave of automation is building on advances in artificial intelligence and machine-learning that allow computers to perform tasks like speech recognition, and make some of the decisions that used to be reserved for employees. With wages rising fast, workers in short supply and near-record job vacancies, U.S. businesses are racing to automate as much as they can.
Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Whether it is pension funds, or individuals saving for retirement, the message remains the same, investment returns cannot make up for a savings shortfall. In this week’s podcast, Tom, Tim, Brendan and Casey discuss the near forced liquidation of some pension funds in the United Kingdom. They breakdown the volatile U.K. bond market and highlight […] Whether it is pension funds, or individuals saving for retirement, the message remains the same, investment returns cannot make up for a
Florida ranks among the most-visited states by both foreign and domestic tourists. Orlando alone welcomed 59.3 million visitors last year. And the state’s tourism industry had been roaring back after two years of pandemic. But Ian, heading straight toward the center of the Sunshine State, could upend that.
There is no lack of inflation data that we see on a near daily basis; however, the question remains – how long will this elevated inflation level last? With all the talk of inflation, several terms are thrown around: CPI, Core, PCE, and more – ad nauseam. Core CPI is an attempt to strip out the most variable drivers of inflation (namely food and energy) from the base (or “headline”) CPI number, but the costs of food and energy can infiltrate into core CPI items such as apparel and househol
NAIFA IFAPAC contributors received an exclusive elections update from nationally renowned political expert Nathan Gonzales. The webinar provided a big picture overview six weeks out from the November midterms and insights into factors that could turn specific races for House and Senate seats as well as state governorships and determine who will make decisions that will impact NAIFA members’ businesses and clients.
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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