WHAT'S GOING ON
- The Memphis in May International Festival announced this week positive revenue figures for the last year and said that Ghana would be the honored country for 2020. Also, Charles L. Ewing, Sr. will serve as board chair for the 2020 festival, succeeding Barry Alan Yoakum. Ewing, a member of the Society of Entrepreneurs, is president and founder of Ewing Moving & Storage.
MIM, in its just-released annual report, said its third consecutive year of record-breaking gross revenue was due to favorable weather and the strong lineup for the Beale Street Music Festival that attracted more than 107,153 total ticket holders. With ticket sales for the month’s other events, plus record sponsorship support and donations, MIM had a 13.6 percent revenue increase over 2018. It reported that 41 percent of attendees traveled more than 50 miles, which brought citywide hotel occupancy to 89 percent during BSMF weekend, up 16.3 percent above the average occupancy rate. The MIM annual report said patron satisfaction was an all-time high, with performer satisfaction at 98 percent and event recommendation at 94 percent. The record gross was just over $5 million.
- COMMERCIALCafé, a national commercial real estate listing service, did a survey of commute times. Memphis has been improving and is one of the top two cities to have a notable decrease in time spent commuting. "It had a good evolution from 2008 to 2017," the survey says, "mostly due to improvements in infrastructure, with 3.5 hours less per year commuting, taking 2nd place in the top 10 cities (Detroit did the best). Memphis was also one of the top cities where workers spent the least time commuting in 2017, with a 43-minute-per-day commute, or 7.8 days per year. We've got the West Coast beat, which dominates the list of cities where commuting time increased the most from 2008 to 2017, with California taking five positions in the top 10. Meanwhile, New York City, Chicago, and San Francisco top the list for most time spent commuting.
- Lawn Love styles itself as a business that's like Uber or Lyft, but for professional lawn care services. The service, now launching in Memphis, lets users instantly schedule, review, and pay for various types of yard work through the use of a mobile app or website. Satellite imaging software reviews a property and generates a quote in less than two minutes. “Traditionally consumers have had to wait for a lawn care worker to physically come to their property, offer a quote, and schedule the service," says founder and CEO, Jeremy Yamaguchi. "It can take weeks to get the job done after initial contact was made." Lawn Love partners with hundreds of small lawn care businesses across the state to provide innovative scheduling, job routing, and payment software that will help business owners streamline their operations.