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Posts Tagged ‘interesting’

Cars account for ~60% of airport revenue

August 16, 2017 Leave a comment

 

airport revenue

Apparently car parking & rental car concession fees account for ~60% of non-aeronautical fees for airports in North America. (I would have put the figure for retail / food at a much higher level than that.)

Given the juggernaut that is ride-sharing, this share is likely to take steep tumble: Although consultants used to have to rent cars in the old days, I’ve yet to meet a consultant who’s not addicted to Uber.

Categories: interesting, travel, trends Tags: ,

Online retailers ~2x profitable as offline

August 6, 2017 Leave a comment

I’m not a fan of cute images that show data, but this one (from the WSJ) caught my eye for its data. It basically compares the total costs of sales offline vs. online. Notice that key differences are in not having to pay store employees which more than offsets the costs of free shipping and returns. The full article is here.

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Priceline on fire

August 1, 2017 Leave a comment

priceline partyApparently Priceline (the original “name your own price” company) is crushing it on all dimensions. The Economist calls it as the “best run internet company after Amazon”. Pre-tax earnings are growing faster than those of the usual tech darlings; it has a 96% gross margin and its share price has risen 4x that of the broader market in the last year.

Even if you haven’t ever used Priceline, you may have used one of its sister companies – e..g Kayak, OpenTable etc. Some other things that caught my eye:

  • The firms valuation is above $100B (compare that to Airbnb at a ‘mere’ $30B)
  • It’s apparently the world’s largest spender on Google (it spends ~$3.5B a year)
  • It now offers about 600k listings of “alternate accommodations” on Booking.com, up 50% over last year or so, but still behind Airbnb’s ~3M listings.

The full article is here. Definitely worth a read.