Recreation

US Spending on Recreation to Jump 29% in Real Terms Amid Post-Pandemic Return to Trend

Retrieved on: 
Wednesday, August 17, 2022 - 3:17pm

CLEVELAND, Aug. 17, 2022 /PRNewswire/ -- US personal consumption spending on recreation services is forecast to grow 9.9% annually in nominal terms through 2026, according to Recreation: United States, a report recently released by Freedonia Focus Reports. In real (inflation-adjusted) terms, spending is projected to advance 7.9% yearly over that span. Gains will stem from a return to trend following the relaxation of COVID-19 restrictions. Further advances will be driven by increases in disposable personal income (DPI), which will support consumer travel to recreation destinations and spending during their stay. However, real DPI per capita is expected to decrease in 2022 as a result of inflation. Recreation providers also stand to benefit from a consumer trend that favors spending on experiences over products. While population growth will continue to expand the consumer base, shifting demographics as the resident population becomes proportionately older will force recreation providers to change their service offerings. Streaming media and video games are expected to continue to present strong competition, particularly amid the increasing sophistication of home entertainment systems. Further, the impact of high fuel prices on travel amidst the Russia-Ukraine conflict and related sanctions placed on Russia will weigh on spending in the short term, as consumers will be less likely to take road trips.

Key Points: 
  • In real (inflation-adjusted) terms, spending is projected to advance 7.9% yearly over that span.
  • Gains will stem from a return to trend following the relaxation of COVID-19 restrictions.
  • Further advances will be driven by increases in disposable personal income (DPI), which will support consumer travel to recreation destinations and spending during their stay.
  • Recreation providers also stand to benefit from a consumer trend that favors spending on experiences over products.

St. Andrews Country Club Engaged Culinary Talents Of Executive Chef Ryan Wilson

Retrieved on: 
Wednesday, August 17, 2022 - 11:00am

BOCA RATON, Fla., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Having a nationwide reputation for excellence in culinary hospitality, St. Andrews Country Club conducted a countrywide search to find Executive Chef Ryan Wilson to continue the culinary standing expected by this award-winning private country club. Chef Ryan, Director of Culinary Operations, fills the former role of Executive Chef Stephen Viggiano, who retired after 20-plus years with St. Andrews.

Key Points: 
  • Chef Ryan selected as St. Andrews Country Club Director of Culinary Operations
    BOCA RATON, Fla., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Having a nationwide reputation for excellence in culinary hospitality, St. Andrews Country Club conducted a countrywide search to find Executive Chef Ryan Wilson to continue the culinary standing expected by this award-winning private country club.
  • Chef Ryan, Director of Culinary Operations, fills the former role of Executive Chef Stephen Viggiano, who retired after 20-plus years with St. Andrews.
  • Chef Ryan, a graduate of the Culinary Institute of America, New York, served as Executive Chef at the renowned Fontainebleau Resort & Spa , Miami Beach for 13 years.
  • The club features superior amenities, two 18-hole championship golf courses, including an Arnold Palmer Signature Design and a brand-new Championship course.

Eros Media World Plc Enters Saudi Arabian Market Through Strategic Partnership With Arabia Pictures Group

Retrieved on: 
Tuesday, August 16, 2022 - 5:59pm

Eros will partner in Vision 2030 and will be the first media company of Indian origin to explore actionable opportunities.

Key Points: 
  • Eros will partner in Vision 2030 and will be the first media company of Indian origin to explore actionable opportunities.
  • As the first step in this endeavour, Eros has entered into a strategic partnership with Arabia Pictures Group APG, headquartered in Riyadh, which caters mainly to the MENA region and is focused on content production.
  • Almadani continued, Im proud of the strategic cooperation with Eros Media World PLC, which is the first of its kind in the Arab world.
  • Commenting on the partnership, Pradeep Dwivedi, Group CEO Eros Media World Plc, says, Saudi Arabia is a strategic market for global organizations like Eros Media World.

Academy Sports + Outdoors Opens First Store in Virginia

Retrieved on: 
Tuesday, August 16, 2022 - 1:04pm

KATY, Texas, Aug. 16, 2022 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce the opening of its first Richmond, Va. store. Located at 11861 W. Broad St., in The Corner at Short Pump, the 58,075 square-foot store brings a great assortment of sports and outdoors merchandise to Richmond. Academy will host grand opening festivities from Friday, August 19th through Sunday, August 21st. Throughout the weekend, customers can look forward to exclusive deals, giveaways, an appearance by the Richmond Flying Squirrels' Mascots, the Richmond Raceway Pace Car on display, activations by brands sold at Academy, and food truck samples.

Key Points: 
  • KATY, Texas, Aug.16, 2022 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO),a leading full-line sporting goods and outdoor recreation retailer, is excited to announce the opening of its first Richmond, Va. store.
  • Located at 11861 W. Broad St., in The Corner at Short Pump, the 58,075 square-foot store brings a great assortment of sports and outdoors merchandise to Richmond.
  • The Richmond location marks the third of nine new stores Academy will open this year and the first store in Virginia.
  • The Richmond location marks the third of nine new stores Academy will open this year and the first store in Virginia.

Selina’s Inaugural ESG Report Affirms Commitment to Sustainability and Corporate Responsibility

Retrieved on: 
Tuesday, August 16, 2022 - 12:00pm

With environmental and social consciousness in its DNA and impact among its five core values, Selinas operating philosophy fuels ESG initiatives rooted in care for the planet, starting with its host communities.

Key Points: 
  • With environmental and social consciousness in its DNA and impact among its five core values, Selinas operating philosophy fuels ESG initiatives rooted in care for the planet, starting with its host communities.
  • Demonstrating the companys strong progress in 2021, Selinas entire 10-property Costa Rica portfolio was certified net-zero for carbon emissions.
  • Moreover, the company is making progress on its goal to reduce paper waste by implementing technology and enhancing its app to support paperless check-in.
  • To that end, Selina also detailed some of the progress it has made advancing its ESG initiatives in 2022.

McKinney Parks & Rec Launched 2022 RecQuest with Eventzee Scavenger Hunt App

Retrieved on: 
Tuesday, August 16, 2022 - 10:00am

McKinney utilized Freeze Tags Eventzee scavenger hunt app to encourage locals to explore every year during the month of July.

Key Points: 
  • McKinney utilized Freeze Tags Eventzee scavenger hunt app to encourage locals to explore every year during the month of July.
  • McKinneys RecQuest was free to play and available for the whole month of July, which is National Parks and Recreation Month.
  • The Eventzee team loves working with parks and recreation departments like McKinney, said Craig Holland, CEO of Freeze Tag.
  • All RecQuest players were entered to win McKinney Parks & Recreation merch, but earning more points also received entries into bigger prize drawings.

EPR Properties Declares Monthly Dividend for Common Shareholders

Retrieved on: 
Monday, August 15, 2022 - 9:31pm

EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its monthly cash dividend to common shareholders.

Key Points: 
  • EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its monthly cash dividend to common shareholders.
  • The dividend of $0.275 per common share is payable September 15, 2022 to shareholders of record on August 31, 2022.
  • This dividend represents an annualized dividend of $3.30 per common share.
  • EPR Properties is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry.

AI Gaming and Esports Startup Regression Games Raises $4.2M in Seed Funding from NEA and a16z

Retrieved on: 
Monday, August 15, 2022 - 3:30pm

AI Gaming and Esports Startup Regression Games Exits Stealth With $4.2M in Seed Funding from NEA and a16z.

Key Points: 
  • AI Gaming and Esports Startup Regression Games Exits Stealth With $4.2M in Seed Funding from NEA and a16z.
  • Regression Games is building the platform and ecosystem to make AI gaming and esports accessible and enjoyable for everyone.
  • The AI platform will be made to integrate with both existing games and original games developed by Regression Games.
  • Regression Games is building the platform and ecosystem to make competitive gaming with artificial intelligence accessible and fun to everyone.

Record Demand for Therapeutic Horsemanship Drives Chastain Horse Park $9 Million Expansion

Retrieved on: 
Monday, August 15, 2022 - 3:03pm

"The horse's brain has a large limbic system. Size-wise, the horse cerebellum accounts for about a third of the horse's brain.  And, because the horse is a motor/sensory animal, the horse is all but ruled by the cerebellum. Humans, on the other hand, are ruled by the frontal lobe. You could interpret this as humans being more of a "thinking" species, while horses are more of a sensory and feelings species. Horses have an amazing network of neurons governing emotionality that give them a remarkable ability to read human feeling and intention—and respond to it," says Kelcy Rainer, CHP Therapeutic Program Director. They are herd and prey animals – not predators -- which means that they have a strong emotional sense and use this sense as a survival tool; Additionally, the horse's gait mimics the movement of the human body and thus acts as a 3-dimensional form of modality when working with physical and cognitive disabilities.                                                                                                                          

Key Points: 
  • of Parks & Recreation
    ATLANTA, Aug. 15, 2022 /PRNewswire/ -- After a 46% increase in demand for therapeutic riding sessions last year, Chastain Horse Park (CHP) is planning for exponential growth within its therapeutic programs.
  • It is one of only two remaining urban horse parks in the U.S. and is Premier
    Accredited by Professional Association of Therapeutic Horsemanship (PATH), International.
  • COVID triggered increased interest in outdoor activities and therapies across the board, including demand for outdoor activities with horses.
  • Gross believes a new therapeutic horsemanship center, including clinical and educational spaces, could inspire healthcare professionals to embrace the role of the horse in therapeutic services.

MakeShift Secures SOC 2 Type II Compliance, Reinforcing Commitment to Provide Clients Enterprise-Level Data Security

Retrieved on: 
Monday, August 15, 2022 - 1:00pm

CALGARY, Alberta, Aug. 15, 2022 /PRNewswire-PRWeb/ -- MakeShift, a cloud-based employee scheduling and time tracking platform, today announced that it has achieved SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards.

Key Points: 
  • SOC 2 certification is the gold standard for security and data confidentiality for companies that provide technological tools and deal with sensitive information.
  • Undergoing and successfully passing the SOC 2 Type II audit serves as validation to current and future clients that MakeShift is committed to managing their data with the highest standards of security.
  • "Achieving the SOC2 Type II certification is really about proving you can walk the talk," said Danny McGuinness, Chief Technology Officer, MakeShift.
  • Obtaining the SOC 2 Type II certification puts MakeShift on track to successfully capitalize on its growth goals.