The North Little Rock (NLR) Convention & Visitors Bureau (CVB) is up to something good. They’re laser focused on tourism growth and their local economy, which is currently booming. What this group also knows is that people who visit their neck of the woods every year spend more than $480 million dollars. And because they rake in all that cheddar from far and away, it saves local NLR households a whopping $314.49 in county taxes and $700.49 in state taxes every year too. That’s a lot of Cheddar, and Swiss, and American.
This quaint historic suburb on the edge of Little Rock boasts a beloved Old Mill, beams with family values and has loads of family activities like music festivals, air shows, farmers markets and barrel rolls of other down home fun. They’ve even got their own local scavenger hunt and social media campaign hashtag — #ExploreNLR.
Altis Capital loves Arkansas tourism too, and has has big plans for some brand spanking new destinations in North Little Rock sure to make this convention & visitors bureau must-see lists and guides. We’re counting on NLR to be up to something from the era of Prohibition.
CRE sales growth in the United States through Q1 has increased almost 50% percent over the prior year (2021) according to MSCI — with Retail and Hotel categories driving the highest double-digit growth. Take a moment to review Altis Capital's many retail, hotel and entertainment projects underway in the United States.
At Altis Capital, we invest a great deal of time thinking about economic moat — specifically our business strategy, capital allocation (debt and equity), and leveraged tacit and explicit knowledge. These certainly serve to strengthen our brand's economic moat and are not easily imitable, but the two most strategic competitive advantages at the core of our economic moat are our focus on relationships and experience. People and their personal journey with our brand are our first priority.
Esports industry revenue is expected to eclipse $1.5 billion by 2023 and demand for spaces tailor-made for gamers is high. Investors are looking for opportunities to capitalize on the growth. Altis Capital is currently exploring opportunities to raise the bar for live esports experiences with great venues in the United States sure to exceed the wildest dreams of gathering gamers and their growing spectators.
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