Did Top Gun: Maverick Boost Movie Theater Foot Traffic?

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Top Gun: Maverick, the sequel to the 1986 blockbuster about Navy fighter pilots, was released on May 27 to an overwhelmingly positive response, and quickly became North America’s highest-grossing film of 2022. During its 4-day opening weekend, the sequel, which stars Tom Cruise as Pete “Maverick” Mitchell, made an estimated $156 million domestically, breaking the record for the biggest opening over Memorial Day weekend, long held by Pirates of the Caribbean: At World’s End, which brought in $153 million over the same weekend in 2007.

The Top Gun sequel crossed the $1 billion mark in box office revenues worldwide about a month after its release and shows no signs of slowing down. With nearly triple the sales of the 1986 original film, Top Gun: Maverick is Paramount Pictures’ second highest-grossing film to date, behind 1997’s Titanic.  With the movie’s immense popularity, we wondered how its release affected moviegoer attendance in the United States. To find out, we analyzed foot traffic to movie theaters nationwide between May 21 and June 18, 2022.

Moviegoers Flocked to Theaters for Top Gun: Maverick

As moviegoers headed to nearby theaters to experience the long-awaited Top Gun sequel, foot traffic to movie theaters peaked on Saturday, May 28, 2022, with a 27% increase over the previous Saturday. Movie theater foot traffic has steadily increased with each passing week, which suggests that Top Gun:Maverick still has the potential to draw crowds, underscoring the film’s longevity in theaters nationwide.

What is the Best Day to Go to the Movies?

It’s no surprise that weekends are the most popular days to see a movie, with our data capturing an average of 53K visitors on Saturdays. If you want to avoid the crowds and attend a more private screening, consider seeing Top Gun: Maverick on a Monday, Wednesday, or Thursday. Our data shows that these are the slowest days of the week at theaters, and perhaps the best days to grab a good seat for a blockbuster movie.  

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Which States Have the Biggest Top Gun Fans?

Top Gun: Maverick has taken American box offices by storm, but one state’s movie theater attendance triumphs over the rest. Rhode Island saw a 120% jump in daily visitors between May 21 and May 28, 2022. Connecticut (+86%), Maine (+81%), Colorado (+69%), and Nebraska(+62) also saw a significant amount of moviegoers during that same time period. Could it be that the biggest Top Gun fans live in the Northeast? Maybe. Some states at the top of our list, like Rhode Island, Connecticut, and Maine, are all home to naval bases, which could explain why moviegoers in those areas were interested in a story that centers on officers in the Navy. The states with the least amount of Top Gun fans were Vermont (-47%), Hawaii (-20%), Wisconsin (-7%), and Wyoming (-3%), which all saw declines in movie theater foot traffic during the Top Gun sequel’s opening weekend.

Will Blockbusters Help Movie Theaters Recover Foot Traffic?

Given Top Gun: Maverick’s record-setting box office stats, it’s clear that U.S. consumers are ready to get back into theaters this summer. We predict that summer blockbusters will drive foot traffic back to movie theaters. Additionally, we have found that the movie theater industry has been showing signs of resilience before the arrival of spring and summer blockbusters. In Q1 2022, visits to movie theaters were up across major chains, compared to the first quarter of 2021.

Frequently Asked Questions

Discover how analyzing real-world movement patterns can reveal valuable trends in customer behavior, optimize business operations, and enhance strategic decision-making.

What is site selection and why is it important?

Site selection is the strategic process by which businesses identify, evaluate, and choose optimal locations for their operations. This process is paramount as the location of a business directly influences factors such as accessibility, visibility, profitability, and market longevity. For retailers, the right site can mean higher customer footfall and increased sales. In real estate, a well-selected site can promise lucrative returns on investment and tenant stability. Financial service firms leverage site selection to position their branches or ATMs in high-demand areas. Essentially, site selection plays a pivotal role in ensuring the success and growth of a business by aligning its physical presence with market opportunities and demands.

How does location intelligence enhance site selection?

Location intelligence refers to the harnessing of geospatial data to derive actionable insights, which can significantly enhance the site selection process. By analyzing data like consumer demographics, foot traffic patterns, competitor locations, trade area data, and more, businesses can make more informed decisions about where to establish or expand their operations. Location intelligence allows for a deeper understanding of market dynamics, revealing hidden opportunities or potential pitfalls. For instance, retailers can identify gaps in the market, real estate professionals can forecast property value trends, and financial service providers can assess areas with high customer demand. Advanced tools, like those offered by Unacast, further refine these insights by leveraging AI and machine learning, enabling more precise and timely decision-making.

What challenges do businesses face in the site selection process?

Unacast provides invaluable support to businesses during the site selection process through its advanced location data and analytics software, all powered and refined by Artificial Intelligence and Machine Learning technologies. The company offers a suite of products designed to deliver accurate, actionable, and comprehensive location intelligence. This data proves crucial for businesses looking to understand consumer behavior, analyze traffic patterns, evaluate competitor locations, and much more. With Unacast’s robust tools, businesses in retail, real estate, and financial services can derive insightful information necessary for making strategic, informed site selection decisions. The platform not only provides reliable data but also ensures it is readily actionable for businesses, whether they are looking to open a new store, invest in property, or expand their financial services to new locations.

What types of location data are crucial for informed site selection?

Demographic data offers insights into the age, income, and lifestyle of people in a particular area, helping businesses understand their potential customer base. Foot traffic data provides information on the number of people visiting a location, which is crucial for retailers to estimate the store's potential popularity and for real estate professionals to assess an area's vibrancy and demand. Geographic Information System (GIS) data helps in visualizing and analyzing geographical details, supporting companies in identifying accessible and strategically located sites. Understanding the proximity to competitors, accessibility, and the socio-economic profile of the surrounding areas is also vital. Unacast’s platform aggregates and analyzes these various data types, providing a holistic view that significantly empowers businesses in their site selection endeavors.

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