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Business Mag Search: Economy - Finance > Service
Consumer Groups Target Amazon Prime's Cancellation Process
8 days ago - By NY Times
A Norwegian group filed a complaint with regulators, saying Amazon had deliberately made it difficult to end memberships to its Prime service. Groups in Europe and the U.S. back the effort.
Read more ...HVS 2020 U.S. Hotel Franchise Fee Guide - By Kasia M. Russell and Bomie Kim
8 days ago - By Hotel News Resource
The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of hotel franchises based on their applicable franchise fees. Hotels are complicated investments. Selecting an appropriate franchise affiliation for a property entails exhaustive research and investigation by an investor.
Read more ...Hotels: Occupancy Rate Declined 28.3% Year-over-year
8 days ago - By Calculated Risk
From HotelNewsNow.com: STR: US hotel results for week ending 9 January U.S. weekly hotel occupancy fell back below the 40% mark, according to STR‘s latest data through 9 January.
3-9 January 2021 (percentage change from comparable week in 2020):
• Occupancy: 37.0%
• Average daily rate : US$87.97
• Revenue per available room : US$32.59
The previous week's occupancy was lifted by New Year's travel. As that holiday travel dissipated, TSA checkpoint counts and hotel room demand each declined by roughly 1.3 million in a week-over-week comparison.
emphasis added The following graph shows the...
Read more ...Canadian Hotels Report 21.0 Percent Occupancy for Week Ending January 9th, 2021
8 days ago - By Hotel News Resource
The Canadian hotel industry reported occupancy fell 52% to 21% during the week of 3-9 January 2021. ADR dropped 24.7% to 106.23 Canadian dollars and RevPAR decreased 63.9% to CA$22.29 .
Read more ...U.S. Weekly Hotel Occupancy Fell Back Below the 40% Mark for Week Ending January 9th
8 days ago - By Hotel News Resource
U.S. hotel occupancy fell 28.3% to 37% during the week of 3-9 January 2021. ADR decreased by 27.1% to $87.97 and RevPAR dropped 47.7% to $32.59 for the week.
Read more ...
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The Dept. of Transportation will prioritize climate change in support of...
Summary List Placement Transportation Secretary nominee Pete Buttigieg told lawmakers during his confirmation hearing on Thursday that he will prioritize climate change as part...
Comments on December Existing Home Sales
Earlier: NAR: Existing-Home Sales Increased to 6.76 million in December A few key points: 1) This was the highest sales rate for December since 2004, and the 2nd highest sales...
NAR: Existing-Home Sales Increased to 6.76 million in December
From the NAR: Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006 Existing-home sales rose in December, with home sales in 2020 reaching their...
The Embedded Finance Explainer: Innovative FIs should partner with embedded...
Summary List Placement Embedded finance is an emerging software distribution model that is poised to reshape the financial services industry. To help financial service leaders...
Goldman Sachs has named 6 people to lead product development in its consumer...
Summary List Placement Goldman Sachs has tapped six people to lead product development in its consumer and wealth division, according to a memo viewed by Insider. Tucker York...
Bank of America, Citi, JPMorgan Chase, and Wells Fargo reported improvements...
Summary List Placement US card issuers reported minor improvements in card volume in Q4, with debit volume growth becoming even more pronounced and digital payments taking a...
Here's who will come out on top in the decade of embedded finance
Summary List Placement In Insider Intelligence's recent Embedded Finance Explainer report, we explored what the advent of embedded finance means for the role of financial...
We Are Suffering Through The Most Painful Economic Crisis Since The Great...
I warned that an economic collapse was coming, and an economic collapse is exactly what we got. 2020 was a “personal financial disaster” for 55 percent of all Americans...
January 21 COVID-19 Test Results and Vaccinations
Note: Bloomberg has great data on vaccinations. "Vaccinations in the U.S. began Dec. 14 with health-care workers, and so far 18.4 million shots have been given, according to a...
Weekly Initial Unemployment Claims decreased to 900,000
The DOL reported : In the week ending January 16, the advance figure for seasonally adjusted initial claims was 900,000, a decrease of 26,000 from the previous week's revised...