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Posts Tagged ‘travel’

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: ,

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.

Funny: AirBnB bait-and-switch

Another good one from the New Yorker. Should ring true for consultants that use AirBnB.

airbnb

Categories: humor, travel Tags: ,

Funny: How consultants wish they traveled

Another classic from the New Yorker. Reminds me of how consultants wish they were treated while traveling.

Ruling-class

Categories: consulting, funny, travel Tags: , ,

Funny: A consultant’s prayer

November 5, 2016 Leave a comment

david-sipress-please-lord-make-me-t-s-a-precheck-new-yorker-cartoon

Another funny one from the New Yorker

Categories: travel Tags: ,

Uber domination

September 7, 2016 Leave a comment

The Economist had a nice article on Uber this week and how it’s poised for world domination.

uber-dominates

 

Apparently, it now operates in 72 countries, 425 cities, with an estimated revenue of ~$4B/year. However, most of Uber’s bookings are just made in 20 of those 425 cities. Worth a quick scan.

Categories: future, travel, trends Tags: ,

When economy is too fancy

February 22, 2016 Leave a comment

The innovation of American airlines never ceases to amaze me. Apparently the executives all sat around one day and thought up a new way to torture their passengers: the result – “basic” economy. Here the seats don’t recline, one can’t pick a seat and they charge for everything (including water).

cattle class

The NYTimes has the gory details. Apparently, the normal cattle class was too fancy.

Categories: airlines, travel, trends Tags: