Unpacking the IPO filing

The last thing I recall thinking about (C3) was seeing its billboards outside San Francisco and asking myself what the hell the company actually did and how much it was spending on a huge outdoor advertisements. So much for what I know. The company filed to go public on Friday, and instead of being a cash-burning, buzzwordy mess, C3 is actually in pretty good financial shape, generating both growing recurring software revenues and cash in some quarters. The Exchange explores startups, mar...
Tags: Travel, San Francisco, Blackrock, Siebel, Baker Hughes, TPG, InterWest Partners, Makena Capital Management, The Exchange, Thomas Siebel, TPG Breyer Capital

A French Love Letter Says a Lot with a Few Words

Words from the French letter above...   My Darling, Received, Yesterday, "After" tranquility ...                     [Author: French la Vie]
Tags: Travel, French la Vie

Emirates sees profitability in two years, flies now to more than 100 destinations | ZAWYA MENA Edition

Emirates sees profitability in two years, flies now to more than 100 destinations | ZAWYA MENA Edition Dubai-based Emirates airline now flies to more than 100 destinations and expects to post profit in the next two years after it reported first loss in more than 30 years due to Covid-19.While speaking to CNBC, Tim Clark, president of Emirates airline, projected that the carrier will return to profitability within the next 18 months or two years.Emirates Group reported a 2020-21 half-year net los...
Tags: Travel, Emirates, Tim Clark, Dubai, Cnbc, Ahmed bin Saeed Al Maktoum, Emirates Group, Rupert Neil Bumfrey, COVID, Emirates Airline and Group

About 70-80% face mask compliance in Hawaii, Honolulu Fire chief to justify OT, Pearl Harbor ceremony closed to the public, more news from all the Hawaiian Islands

Masks are worn at Hawaii farmers market ©2020 All Hawaii News Lt. Governor: Current facemask rules 'too difficult’ to enforce, suggests revisions. With the holidays approaching, Lt. Gov. Josh Green said the current mask mandate is not enough to control a potential winter surge. He adds that mask wearing rates have ranged between 70-80%, but if the state can’t get over 90% consistently, he said there will be a spread of COVID. Hawaii News Now.Health experts warn lawmakers about holiday sur...
Tags: Travel, California, Senate, Usda, Hawaii, Pearl Harbor, Big Island, Hawaii Island, Waikiki, Kauai, Maui, Josh Green, State, Honolulu, Hawaii County, West Hawaii

Your Guide On How To Malatang, Zhang Liang Malatang, Haymarket

Ever wondered how to malatang? Today I've got a guide on how to malatang like a pro and all about how to make the most of your malatang experience. Zhang Liang Malatang is a help yourself malatang place in Haymarket on George Street that serves up spicy Sichuan soup with your pick of ingredients in a customisable meal.
Tags: Travel, Sichuan, Haymarket, George Street, Malatang Zhang Liang Malatang Haymarket, Zhang Liang Malatang

The VC and founder winners in Airbnb’s IPO

After a tumultuous year for the travel industry, Airbnb’s long-awaited IPO filing just dropped. One thing is clear: there is still plenty of juice left in the home-sharing platform, and a smattering of VCs and the company’s founders are positioned to receive some serious returns. My colleague Alex Wilhelm has an overview article on Airbnb’s financial picture and overall metrics. It’s a mixed bag, but perhaps stronger than might otherwise be expected, given the global collapse of tourism due t...
Tags: Travel, Fundings & Exits, TC, Finance, Tech, Tourism, Sharing Economy, Airbnb, Travel Industry, Alex Wilhelm, Chesky, Joe Gebbia, Brian Chesky Nathan Blecharczyk

Top 5 Things You Need to Know Now in Hotel Digital Marketing: November Edition | By Margaret Mastrogiacomo

With Cyber Monday and 2021 around the corner, it's important to keep a pulse on the evolving digital landscape to elevate your digital strategy and maximize revenue.
Tags: Travel, Margaret Mastrogiacomo

Oil settles higher boosted by latest COVID-19 vaccine progress | Reuters

Oil settles higher boosted by latest COVID-19 vaccine progress | Reuters Oil prices settled up more than 2% on Monday after trading higher earlier in the day as Moderna Inc MRNA.O said its experimental vaccine was 94.5% effective in preventing COVID-19.Brent crude futures for January LCOc1 settled up 1.04, or 2.43%, at $43.82 a barrel, after earlier rising more than 4%. U.S. West Texas Intermediate crude for December CLc1 was up $1.21, or 3%, at $41.34.“There was a little bit of excess buying pr...
Tags: Travel, Japan, China, Reuters, Reuters Oil, Stamford, Rupert Neil Bumfrey, Moderna, U S West Texas Intermediate, Pfizer Inc PFE N, Tradition Energy, Gary Cunningham, Moderna Inc

Gulf social changes are in the global spotlight | Financial Times #UAE

Gulf social changes are in the global spotlight | Financial Times In the UAE the brash commercialism of Dubai has sometimes obscured Abu Dhabi’s harsh  response to  political Islam at home and abroad © Christopher Pike/Reuters Overshadowed by world events such as the US presidential election or the first breakthrough in developing a Covid-19 vaccine, the United Arab Emirates last week announced radical changes in its legal system. These are designed primarily to enhance t...
Tags: Travel, Saudi Arabia, US, Qatar, Turkey, Iran, Egypt, Pope Francis, Middle East, Islam, United Arab Emirates, Dubai, Muslim, Abu Dhabi, Muslim Brotherhood, Uae

The best Airbnbs in Savannah

When you buy through our links, we may earn money from our affiliate partners. Learn more. Airbnb Despite the continuing pandemic, as the winter months set in, many travelers are seeking warm-weather domestic getaways. Savannah is a well-preserved historical escape offering year-round outdoor fun.Experts and the CDC agree that private Airbnbs offer a safer travel option than hotels due to the lack of encounters with other guests or hotel staff.We've rounded up top-rated Airbnbs in Savann...
Tags: Travel, Reviews, Hollywood, Cdc, Trends, Georgia, Airbnb, Robert Redford, Savannah, Laura, Leopold, Savannah Georgia, River Street, Airbnbs, SCAD Museum of Art, Jepson

Aramco risk seen as higher than #Saudi sovereign ahead of new bonds | Reuters

Aramco risk seen as higher than Saudi sovereign ahead of new bonds | Reuters Saudi Aramco’s planned bond issuance will likely price around 10 basis points wider than the government of Saudi Arabia’s debt curve, financial sources said, the small difference suggesting that investors see its risk profile as slightly higher after oil prices dropped this year.The oil giant said on Monday it was considering issuing multi-tranche U.S. dollar-denominated bonds in what would be its second foray into the...
Tags: Travel, Saudi Arabia, Exxon Mobil, Shell, Reuters, Aramco, Rupert Neil Bumfrey, Reuters Saudi Aramco

A Portuguese court’s ruling against improper use of PCR tests

This extract is important. I’ll link it back to my main placeholder post on the tests (this one). ==SOURCE: LOCKDOWN SCEPTICS== In a recent decision, dated November 11, 2020, a Portuguese appeal court ruled against the Azores Regional Health Authority concerning a lower court decision to declare unlawful the quarantining of four persons. Of these, […]
Tags: Travel, Current Affairs, Bad Ideas, Azores Regional Health Authority

#Israel Posted Best Quarter Since 1995 as First Lockdown Ended - Bloomberg

Israel Posted Best Quarter Since 1995 as First Lockdown Ended - Bloomberg The Israeli economy posted its best quarter since at least 1995, buoyed by a loosening of coronavirus-related restrictions.Gross domestic product rose a seasonally adjusted, annualized 37.9% in the third quarter, according to the Central Bureau of Statistics. That topped the highest estimate in a Bloomberg survey that had a median forecast of 24%.The rebound came after output shrank nearly 29% in the three months to June...
Tags: Travel, Israel, Bloomberg, Rupert Neil Bumfrey, Jonathan Katz, Central Bureau of Statistics That, Leader Capital Markets Ltd

Survival Of The Wisest – Embracing Wisdom Under Pressure | By Ramsay Rankouss

Without a doubt, 2020 has been an unprecedented year … and it's not yet over. While it would be unfair to say that the hospitality and tourism sectors were hardest hit when the struggle has been global, this year has certainly forced us to face up to inevitable questions around our future survival prospects.
Tags: Travel, Ramsay Rankouss

Four Quick Training Tips For Hotel Sales Prospecting Success | By Doug Kennedy

Now that 2020 is winding down and the preliminary vaccine results are favorable, it is time for hotel salespeople to recommit to put on their orange vests and embrace their role as sales hunters. In previous articles for this publication I have spoken about the transition from Sales Fishing to Sales Hunting, the Habitudes of Sales Success, and how salespeople can master their Remote Sales Skills. Here are four additional specific sales tips.
Tags: Travel, Doug Kennedy

#Saudi Banks Sign Supply Chain Financing Deal With Government - Bloomberg

Saudi Banks Sign Supply Chain Financing Deal With Government - Bloomberg Saudi Arabia’s Ministry of Finance and three of the kingdom’s largest banks have started a supply chain financing facility that will enable contractors to secure money owed to them faster.The Finance Ministry has partnered with Saudi British Bank, Samba Financial Group and National Commercial Bank, according to a statement. The loans will be available to suppliers to the government that have had invoices approved, but are s...
Tags: Travel, Bloomberg, Finance Ministry, Ministry Of Finance, Rupert Neil Bumfrey, Sabb, National Commercial Bank, Bloomberg Saudi Arabia, David Dew, Saudi British Bank Samba Financial Group

OPEC+ weighs further steps to support market, sees weaker compliance | Reuters

OPEC+ weighs further steps to support market, sees weaker compliance | Reuters OPEC and its allies discussed weaker compliance with pledged oil output cuts on Monday and weighed further action to support the market as the second wave of coronavirus hits demand.The Organization of Petroleum Exporting Countries, Russia and others, known as OPEC+, were due to raise output by 2 million barrels per day (bpd) in January as part of a steady easing of record supply cuts implemented earlier this year.But...
Tags: Travel, Opec, Reuters, Reuters OPEC, Rupert Neil Bumfrey

#UAE central bank extends stimulus scheme to stem COVID-19 impact | Reuters

UAE central bank extends stimulus scheme to stem COVID-19 impact | Reuters The United Arab Emirates central bank said on Monday it had extended to June 2021 the applicability period of key components of a stimulus scheme to support retail and corporate banking customers and accelerate recovery from the coronavirus pandemic.In March the CBUAE launched $70 billion worth of capital and liquidity measures as part of a Targeted Economic Support Scheme (TESS) aimed at providing economic stimulus durin...
Tags: Travel, United Arab Emirates, Uae, Reuters, International Monetary Fund IMF, Tess, Rupert Neil Bumfrey, CBUAE

MIDEAST STOCKS- #AbuDhabi leads most Gulf markets higher | Nasdaq

Most Gulf markets rose on Monday, with Abu Dhabi leading the gains, buoyed by signs of economic recovery and additional positive data about a COVID-19 vaccine.Pharma company Moderna MRNA.O said on Monday its experimental vaccine was 94.5% effective in preventing the virus, which has ravaged economies across the globe.Saudi Arabia's benchmark index .TASI rose 0.3%, with Al Rajhi Bank 1120.SE rising 1% and Dr Sulaiman Al-Habib Medical Services 4013.SE advancing 2.6%.However, the index's gains were...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, SEC, Abu Dhabi, Uae, Gulf, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Emaar Properties EMAR DU, Emirates NBD Bank ENBD, Emirates Telecommunications ETISALAT

Spotify adds a built-in podcast playlist creation tool, ‘Your Episodes’

Spotify today launched a new feature designed to give podcast listeners a new way to organize and save content they want to listen to at a later time or keep their favorite episodes bookmarked for easy access. The feature, called “Your Episodes,” lets you bookmark individual episodes from any podcast, which are then added a new “Your Episodes” playlist. This playlist is found pinned to the top of Your Library in the Music Playlist and Podcast Episodes tabs, says Spotify. The new option could ...
Tags: Travel, Spotify, Media, Podcasts, Streaming

Travel is no longer a privilege, but a right: Prof Dev

While speaking at the FICCI webinar on 'Future of Travel, Hospitality and Tourism Industry and the Way Forward', Professor Chekitan S Dev, School of Hotel Administration, Cornell SC Johnson College of Business, suggests that viewing the Covid-19 crisis as an opportunity will help the travel and hospitality industry learn new ways to survive and thrive in a 'better normal' world.
Tags: Travel, FICCI, Future of Travel Hospitality and Tourism Industry, Chekitan

The ugly truth about tipping waitstaff during COVID-19

The party of 12 entered the pancake house in Murray, Utah, in the middle of the busiest shift on the busiest day of the week. In they came with rowdy young children, big appetites, and lots to talk about. The group camped out at two tables for two hours that late Sunday morning at the end of September—and then left without tipping their waitress, who makes barely more than $2 an hour.
Tags: Travel, Murray Utah

SoftBank eyes the AI opportunity as it reshuffles the board and puts losses behind

Japan’s SoftBank Group Corp has bounced back as it posted a profit of ¥ 627 billion (US$6.1 billion) in Q2FY21, compared to a loss of ¥ 700 billion ($6.6 billion) in Q2FY20. The group’s rebound has been attributed to strategic investments in technology stocks and improvement in the performance of its Vision Fund. In an earnings call with investors, the company’s chief executive Masayoshi Son said that the investment company which investments in the “information revolution” is looking to ex...
Tags: Travel, Japan, News, Softbank, Artificial Intelligence, WeWork, Son, SoftBank Group Corp, Holdings Inc, Facebook Inc, Uber Technologies Inc, Masayoshi Son, Marcelo Claure, SoftBank Group, Public Investment Fund, SoftBank Vision Fund

I&B Minister Javadekar says OTT streaming industry has ‘no self-regulation’ despite code

We missed this earlier: Minister of Information & Broadcasting Prakash Javadekar said in a video message on November 9 that o ver-the-top (OTT) streaming platforms had “no self-regulation”. The Indian Express first reported the remarks. Javadekar’s statement repudiates a self-regulation code, the Universal Self-Regulation Code for Curated Content Providers, that has the backing of most major Indian streaming services, like Netflix, Hotstar, Amazon Prime Video, Zee5, and Sony Liv.  The followi...
Tags: Travel, News, Sony, Ott, Ministry, Mobile Association of India, Indian Express, Javadekar, Press Council of India, Medianama, Prakash Javadekar, Online content regulation, Ministry of Information & Broadcasting, Netflix Hotstar Amazon

Tencent reports strong quarterly results amid imminent Chinese antitrust regulation

Tencent reported a total revenue of $18.42 billion, a growth of 29% YoY, buoyed by a good performance by its mobile gaming segment. The Chinese conglomerate’s quarterly results for Q3 2020 were announced in the shadow of tightening regulations and growing scrutiny of monopolistic activity. Earlier this month, the Chinese government halted Ant Group’s IPO valued at $37 billion. The Shanghai Stock Exchange said that this was because there had been “material changes” in the regulatory stance on fin...
Tags: Travel, News, China, India, Tencent, Antitrust, Tencent Video, League Of Legends, Mitchell, Lau, US Japan, Shanghai Stock Exchange, James Mitchell, Business Services, Martin Lau, Ant Group

Days after getting administrative control, I&B ministry tells digital media to comply with FDI norms by October 2021

Digital news outlets have until October 15, 2021 to reduce their foreign investments to 26%, the Ministry of Information & Broadcasting announced on Monday. Additionally, these companies have one month to share details of their foreign investors to ministry. This is a part of the government’s enforcement of the 26% cap on foreign investments, which was notified in September 2019. The development comes just days after digital news media and streaming services were brought under the administrative...
Tags: Travel, News, US, Companies, Digital Media, Fdi, Siddharth Varadarajan, Medianama, Foreign Direct Investment, Ministry of Information Broadcasting, Online content regulation, Ministry Of Information and Boradcasting, Department of Promotion of Industry

Labour Ministry invites consultation on rules for social security benefits for gig, platform workers

The government on how gig workers and platform workers will be given benefits under the Code on Social Security, 2020, which was passed in September. The draft rules lay out the formation of a National Social Security Board for Gig Workers and Platform Workers and solidifies the mandatory registration with Aadhaar which it has briefly indicated in the law. The ministry said it has already “initiated action” for a website for Aadhaar-based registration of workers.  The Code on Social Security...
Tags: Travel, News, CSR, Labour, Social Security, New Delhi, Gig Economy, Board, Labour Ministry, Aadhaar, Union Labour Ministry, Social Security Fund, Employees State Insurance Corporation, Ministry of Labour and Employment, Gig workers, Labour rights

Pakistani cabinet, central bank prohibit subscribing to Zee5, other Indian streaming services: Report

We missed this earlier: The State Bank of Pakistan, Pakistan’s central bank, prohibited banks on November 9 from letting customers pay for Zee5 and other Indian streaming services, Dawn reported. While the SBP order doesn’t restrict access to sites like Zee5, it certainly limits the advertising revenue possible from it. This comes weeks after Zee5 restored the Pakistani show Churails in the country, after public backlash for taking the show down in response to a request from the country’s govern...
Tags: Travel, News, India, Censorship, Pakistan, Dawn, Zee, Pakistan Pakistan, State Bank, Zindagi, Zee5, Online content regulation, State Bank of Pakistan, Hasan Zaidi, Pakistan Banks Association, Ek Jhoothi Love Story

#Iran Business Event Seeks to Tap Post-Trump Investor Interest - Bloomberg

Iran Business Event Seeks to Tap Post-Trump Investor Interest - Bloomberg A conference aimed at European investors who want to tap Iranian markets if U.S. sanctions are again lifted will take place next month.The Europe-Iran Business Forum, which is funded by the European Union, will runs Dec. 14-16 and will be the first of its kind in two years, according to a statement by its organizers.International conferences on Iran’s economy, trade and banking sectors had surged following the 2015 nuclear...
Tags: Travel, Obama, China, European Union, Joe Biden, Iran, Donald Trump, Islamic Republic, Rupert Neil Bumfrey, Tap Post Trump Investor Interest Bloomberg, Europe Iran Business Forum, U S European Union Russia

Report release: Technology Policy Review, India | July–September 2020

Over the three month period stretching from June to September 2020, technology policy in India saw multiple upheavals. TikTok and PUBG and over 200 other apps of Chinese origin were banned. Paytm and Paytm First Games were thrown off the Google Play Store (though Paytm returned shortly). Facebook India was accused of allegedly shielding BJP politicians and other right-wing figures from its content moderation policy. In a new report — Technology Policy Review, India — we have compiled key develop...
Tags: Travel, Google, News, India, BJP, Report, Hyderabad, Paytm, Telangana, Competition Commission of India, Facebook India, PUBG, Tiktok, Jayesh Ranjan, Samagra Vedika

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