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Clear Channel Outdoor-Commissioned Nielsen Study: Airport Advertising Continues Driving Frequent Flyers to Even More Action Post Ad Exposure as Air Travel Surges
Prnewswire· 2025-09-15 12:05
Core Insights - The article emphasizes the effectiveness of airport advertising as a powerful medium for engaging frequent flyers, who are significantly more likely to be decision-makers in their companies, particularly in technology and AI [1][7]. Industry Trends - Air travel is experiencing a surge, with TSA screening record numbers of travelers, and this trend is expected to continue into 2026 due to pent-up demand and airport modernization [3][4]. - The study highlights that airport advertising provides a premium environment for brands to connect with a motivated audience, as dwell times in airports remain high [3][4]. Advertising Effectiveness - The study reveals that 82% of frequent flyers read airport advertisements, with 61% recalling them and 57% taking action after exposure, marking an 8% increase from the previous year [6]. - Actions taken by travelers after seeing airport ads include visiting the advertised location (61%), visiting the website (53%), and scanning QR codes (45%), which saw a 6% increase from 2022 [6]. Audience Characteristics - Frequent flyers are over two times more likely to hold C-suite titles and have significant influence over substantial business spending, indicating a high purchasing power [9]. - A notable 65% of frequent flyers work for companies that are leaders in technology or are actively investing in AI, making them key targets for advertisers [9].
Lamar Advertising Acquires Premier Outdoor Media
Prnewswire· 2025-05-05 11:30
Core Insights - Premier Outdoor Media has divested its out-of-home advertising assets to Lamar Advertising Company, although financial terms were not disclosed [1] - Premier, founded in 2018, significantly increased its digital display count by over 500%, establishing itself as the largest independent digital OOH network in the Philadelphia DMA [2] - The acquisition adds nearly 200 billboard faces, including 45 digital units, to Lamar's portfolio across key markets in New Jersey, Delaware, Maryland, Pennsylvania, and New York [3] Company Overview - Premier Outdoor Media was established through Caruth Capital Partners' acquisition of Jersey Premier Outdoor Media, LLC, with leadership from Dominick Vastino and Sean Corbett [2] - Lamar Advertising Company, founded in 1902, is one of the largest outdoor advertising companies in North America, operating over 360,000 displays across the U.S. and Canada [5] Strategic Implications - The acquisition enhances Lamar's position in the greater Philadelphia and New York markets and aligns with its strategy of adding high-quality, REIT-qualified assets [3] - Premier's leadership expressed confidence in Lamar's ability to continue delivering exceptional service to clients following the acquisition [3]