Hotel companies must consider the impact of digital tipping trends on employee satisfaction as we trend toward a cashless society
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Doing it for kicks: Sneakerheads and rich investors hunt for the holy grail of sneakers
The rare and vintage sneaker resale market has exploded from stored-away shoeboxes to become a global multi-billion euro industry, with designers, tastemakers, musicians and corporate behemoths all jostling to buy and sell their soles. In July 2019, international auction house Sotheby’s - established in 1744 as the world’s premier destination for art and luxury - registered its first ever sale … [Read More...]
Europe's fragmented defence industry needs coordination to avoid supply crisis – Draghi report
The EU defence market could face a supply crisis if member states do not align their defence spending and procurement plans, according to Draghi's report on competitiveness. Europe's defence industry faces structural weaknesses in innovation, governance, international dependency and public spending, former Italian prime minister Mario Draghi said in his report on EU competitiveness. … [Read More...]
IHG announces Crowne Plaza trio in Japan
The partnership is a landmark agreement between IHG and HMI, who operate a diverse portfolio of properties across Japan. Three Crown Palais hotels will undergo extensive renovations as part of the agreement, and convert into ANA Crowne Plaza Kochi, ANA Crowne Plaza Chiryu and ANA Crowne Plaza Hamamatsu. The trio of hotels will total 539 rooms and will join an extensive footprint of … [Read More...]
Germany's political uncertainty diminishes investor confidence
The growing support for Germany's populist parties, the AfD and BSW, could exacerbate the country's economic challenges, potentially accelerating the trend of businesses relocating their operations elsewhere. The surging support for Germany's populist parties is casting doubt on the country's political stability just one year ahead of its general election. According to the latest Politico … [Read More...]
Pope heads to economic power Singapore after visit to impoverished, devout Timor-Leste
Pope Francis departed Timor-Leste on Wednesday for Singapore. During his trip through Southeast Asia and Oceania, he also visited Indonesia and Papua New Guinea. Pope Francis flew to Singapore on Wednesday for the final leg of his trip through Southeast Asia and Oceania, the longest and farthest of his papal trips and one of the lengthiest trips of any head of the Catholic Church. After … [Read More...]