Primary Research Group Inc.
Published: 2022-11-07
Total Pages: 0
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This exhaustive study presents data and commentary from 25 American colleges and universities about their current efforts to rent out their facilities for extra income. The study covers a broad range of activities, including detailed data on overall income last year and expected for this academic year, as well as comparisons with this year compared to the last pre-Covid year. The study also looks at activities during the COVID full or partial shut down period and how it impacts current activities.The report explores income potential from weddings and other celebratory events, sports camps, general camps for children, computer facilities rental, corporate and academic events hosting and much more. It also looks at trends in the seasonal distribution of income, relating the percentage of overall income from summer, academic year and spring and winter break periods. It also looks at the income potential of programs for the elderly, for education-oriented travel, and for the renting out of surplus dormitory and office space.The study also presents unique and complete data sets on the types of rooms, suites, spaces, halls and conference centers available for rent. Survey participants offer their comments on best practices on how they survived the pandemic, and on a broad range of other issues, including tie ins with Uber and Airbnb, and new plans and prospects for revenues.Survey participants also impart key data on the size and growth of their work staffs, with unique data sets for full and part time personnel, as well as for student workers. It also looks at the use of various advertising vehicles, including Facebook, Google, Instagram, YouTube, email blasts and more traditional channels such as print advertising, billboards and radio and television, among others. Data in the report is broken out by size and type of college, for public and private colleges, and by tuition level.