Although inflation has improved, worries about prices continue to trouble 82% of consumers. The remaining 18%, however, might be playing a role in the increase in luxury spending seen at Harrods. Harrods witnessed a nearly tenfold profit surge year over year (YoY), linked to the resurgence...
In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Citigroup Names...
You may not have noticed, but travel is becoming much more than just packing the family into a car or plane to visit the coast or some amusement park. Adventure travel is on the rise, and payments are playing a part in this increasing trend....
That the sharing economy has indelibly altered the travel vertical is inarguable. According to a study out last year, when Airbnb enters a new city, hotel booking rates in that city fall (on average) by 1.3 percent within the first year, while annual revenue falls by...
June 06, 2024
There are summer vacations. Then there are high-end summer vacations. And then there’s Inspirato. Bringing an innovative subscription and membership model to its affluent clientele, the company has just turned profitable in its 13th year of existence, leveraging a funding round of $25 million from Capital One in October 2023. With more than 50% of […]
January 08, 2020
In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created...
January 08, 2020
You may not have noticed, but travel is becoming much more than just packing the family into a car or plane to visit the coast or some amusement park. Adventure...
May 01, 2019
Once upon a time, the world of travel in general – and exotic or adventure travel, specifically – was a very different place. As the second decade of the 21st century is...
August 17, 2023
Although inflation has improved, worries about prices continue to trouble 82% of consumers. The remaining 18%, however, might be playing a role in the increase in luxury spending seen at Harrods. Harrods witnessed a nearly tenfold profit surge year over year (YoY), linked to the resurgence of affluent tourists visiting London after the pandemic. The department […]
