Risk of last-minute cancellation ‘chaos’ as UK holidaymakers make multi-bookings

Many UK holidaymakers are booking stays at two or more hotels with a view to cancelling all but one at the 11th hour, prompting fears among accommodation businesses of last-minute cancellation “chaos”.

Avvio, a hotel technology provider, said its data showed that UK hotel cancellation rates were running at “scarily low” levels as consumers – some of whom would ideally like to travel abroad – hedged their bets and hoarded bookings.

Consumers are benefiting from the fact that many hotels and holiday firms have had to offer fully flexible cancellation to attract bookings for this summer and beyond, meaning they can be cancelled for free with perhaps just 24 hours’ or two to three days’ notice. Many travel experts have been urging people booking trips to opt for cancellable options if at all possible.

Foreign travel has now started up again after holidaymakers in England, Scotland and Wales were given … Read the rest

Leadership

Instagram Marketing Key Points: EMV (Earned Media Value) isn’t the right metric for measuring brand awareness. Moreover, when we talk about globalization, we take up the cultural context as well.

international management group uk

An individual development plan (IDP) is a tool that helps facilitate employee development. International business firms judge the risks and profitability of doing business in a particular country before investing and starting a business there. This judgment includes studying the environmental factors to arrive at a decision. Secondly, spending money to garner the attention of the target audience has become indispensable for businesses trying to leverage social media marketing. Business plans are developed for both internal and external purposes. Internally, entrepreneurs develop business plans to help put the pieces of their business together. Externally, the most common purpose is to raise capital. A global-based structure may have a varied set of product lines, each of which … Read the rest

Best Stocks To Invest In? 4 Consumer Stocks To Watch


6 min read


This story originally appeared on StockMarket

Top Consumer Stocks To Consider Buying Right Now

In an increasingly consumer-focused world, it would make sense that consumer stocks are among the most active stocks now. Whether it is consumer discretionary or consumer defensive stocks, the sector continues to stand out in today’s stock market. For instance, companies in the conventional leisure industry are seeing major tailwinds now. Thanks to growing vaccination figures, more consumers are currently traveling. As a result, investors may be looking at the top travel stocks now. Just this week, Trip.com (NASDAQ: TCOM) received a rosy analyst update from Morgan Stanley (NYSE: MS). In it, analyst Alex Poon upgraded the Shanghai-based online travel company from equal weight to overweight. Poon cites improving travel trends in China as a key reason for this update.

At the same time, restaurant chains such as McDonald’s

Read the rest

Jobs boost as recruiting back to pre-Covid levels

Job recruitment has returned to pre-pandemic levels with hiring intentions at an eight-year high as the economy recovers from the easing of restrictions.

All sectors are experiencing a recovery in jobs and an improvement in pay prospects, a quarterly report by the Chartered Institute of Personnel and Development has found.

There is employer optimism across the private, public and voluntary sectors. It extends to industries including retail and hospitality, parts of the economy that have been most exposed to the crisis.

Employment intentions are at their highest since February 2013 when Britain was emerging from the recession of the global financial crisis.

The encouraging outlook comes amid the latest easing of Covid rules today, with pubs, bars, cafés and restaurants allowed to serve customers indoors, and with the latest official jobs figures due tomorrow. They are expected to show that the unemployment rate fell to 4.8 per cent in the … Read the rest

International Organizations Management

If the car leasing business does extensive market research and can clearly identify its target market, it can develop a suitably effective marketing plan.

business level strategy of nestle

As the owner or executive of a business, you have business goals. Tailor G. (2013). Give Your Marketing a Digital Edge. UK: Global & Digital Publishing Company. In this mode, an independent firm called the franchisee does the business using the name of another company called the franchisor. In franchising, the franchisee has to pay a fee or a fraction of profit to the franchisor. The franchisor provides the trademarks, operating process, product reputation and marketing, HR and operational support to the franchisee. thehellenicvoice You apply focus cost or differentiation types of business-level strategy in the same ways they’re used in the respective broader strategies, but for a portion of the market. When we started Hangar 646 we hired 20 people … Read the rest

Warren Buffett Tried to Kill the ‘Tapeworm’ of Healthcare Costs But Couldn’t Do It. Maybe Entrepreneurs Can.

Though Buffett says the tapeworm won, entrepreneurs can change the game.

Grow Your Business,
Not Your Inbox

Stay informed and join our daily newsletter now!


4 min read

Opinions expressed by Entrepreneur contributors are their own.


Warren Buffett recently described the American healthcare system as a “tapeworm in the American economy.” Berkshire Hathaway, JPMorgan Chase and Amazon formed Haven to disrupt the healthcare industry — which is 17 percent of GDP — and, as Buffett put it, “the tapeworm won.”

One might assume that since three of the largest and most successful companies in the country couldn’t create a more efficient healthcare system, it can’t be done. The truth is that Haven made some key missteps, which now highlight the path for entrepreneurs who want to create a more affordable and accessible healthcare system.

Staffing snafu

Haven hired a CEO who was a brilliant physician and academic,

Read the rest

Celebrity chef Rick Stein struggles to hire staff at restaurants due to shortage of EU workers and people refusing to return from furlough

Celebrity chefs Rick Stein and Michael Caines are among hospitality bosses struggling to hire enough staff as the country’s lockdown is eased.

A combination of housing shortages, absence of international staff and workers not returning from furlough have been blamed for the problems.

On Monday, indoor dining can resume – marking the most significant milestone to date for businesses in England.

But restaurants, hotels and pub owners are now facing skyrocketing demand coupled with fewer workers.

Jobs lost in hospitality account for 43 per cent of the national total during the coronavirus crisis, with many staff who lost employment moving into retail – and others heading back to their home countries in Europe.

As restaurants open back up for a roaring summer trade, bosses have started to feel the shortfall.

Rick Stein Restaurants would normally hire a quarter of their workforce from Europe and rely on international staff, especially during … Read the rest

Avoid These 7 Classic CFD Trading Mistakes


6 min read

Opinions expressed by Entrepreneur contributors are their own.


How can one person be consistently profitable at CFD trading while another person can’t? We are all human, so it comes down to overcoming these very human mistakes.

I really believe it’s better to learn from other people’s mistakes as much as possible. — Warren Buffett

You don’t have to be the next Buffett or George Soros to win at trading CFDs. Profitable trading strategies are not rocket science. Like a lot of pursuits, the difference between making money with CFDs or not normally comes down to attitude and process.

This list is not exhaustive but if you can overcome these seven mistakes, it puts you on a better footing than nine out of 10 new CFD traders.

1. Not having a plan

Trading can be really thrilling, especially when you first start. The ease at

Read the rest

Do You Have A Usable Business Development Growth Strategy?

The price point is further affected by whether supplies are readily available and the cost your business to switch suppliers or vendors if their prices became too high.

corporate level strategy of nestle

A good personal development plan template includes five steps that guide you to take action. Learning self control, not being influenced too much by peer and media pressure is a key trait towards resilience. Parents who pander to their child’s every demand are in for a long and painful realisation that they can’t give them everything the children ask for. Tantrums and tears may have a powerful effect on parental emotion, but we need to understand and explain to the children learning self control is what will help them to be resilient, to be content and balanced in life. There is a term called ‘entitled demanders’ that can apply to some who feel they deserve to have … Read the rest

Made in Britain: Handcrafted jewellery brand, ‘The Silver Stable’

Last year, Camilla Cottle took the plunge and launched her jewellery brand, The Silver Stable. She talks to us about what inspired her business and some of the challenges she has faced so far.

What is your business all about?

I’m Camilla Cottle and I am the founder of sustainable handcrafted jewellery brand, The Silver Stable in Lancashire. I started making jewellery whilst on maternity leave and my love for silversmithing grew from there. I knew it was what I wanted to do full time. I always dreamt of having my own business and having a career in the food sector at a managerial level, I thought it would be something to do with that. However, once I started silversmithing I knew it was going to be my future.

I have been around horses all my life and after falling in love with silversmithing I knew I wanted to combine … Read the rest