Manishi Raychaudhuri, CEO of Emmer Capital Partners, talks about India’s rising middle class and how that will boost the mid-tier hotel segment over the next decade. He adds job creation and income expectations will remain the most important driver for consumption, noting that income tax relief and upcoming government wage hikes could boost urban consumption. Raychaudhuri thinks there is now room for fiscal and monetary measures to further augment growth.
Singapore has once again been named the world’s most powerful passport on the Henley Passport Index. But on the Arton Index, it’s tied for second — and on the Nomad Passport Index, it sits at 20th. So, what explains the difference? And what does passport power actually mean? Source
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holdings CEO Glenn Fogel joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of the consumer, impact of AI on travel, and more. Source
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No United Airlines credit card? Soon you’ll earn fewer miles than other travelers. United is overhauling its MileagePlus frequent flyer program to reward travelers with more miles and lower redemption rates, including for some of its long-haul business-class seats — if they have one of the airline’s credit cards. It’s the latest move by an […]
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