Discover and read the best of Twitter Threads about #leisure

Most recents (5)

Today’s personal income and consumer spending data for June reaffirm our view that the reopening continues to drive a powerful #restart — and there’s still room to run. 1/4
In the #services sector, particularly #leisure and #hospitality — which bore the brunt of lockdowns and restrictions — the #spending splurge continues as consumers make up for lost time. But spending is still a little more than 3% below its pre-pandemic level in real terms. 2/4
On top, consumers still have a large war chest of accumulated #savings, a good share of which we expect to be deployed over coming quarters, further strengthening the restart. 3/4 Image
Read 4 tweets
1-One of the most important houses in the #BirthChart is the 5th House

In #WesternAstrology, the 5th House is the House of the #InnerChild – signifying #Creativity, #Play and #Leisure.

No wonder, #Children are seen from this house. (1/8)

#Astrology.
2-#Romantic relationships and gambling activities are also seen from the 5th House.

5th House activities an individual indulges in

..are supposed to bring him #Joy, #Delight and Creative Expression.

(2/8)

#AstrologyThread.
3-According to the traditional practitioners of #Astrology,

..the 5th House also stands for the notion of creating your #Legacy – the cache of #Karmas that will last.

#Grahas in the 5th House often show how we #Love and how do we make others #Feel, deep down. (3/8)
Read 8 tweets
Encouragingly, this morning’s #JobsReport witnessed not only solid job gains, with 1.37 million #jobs added, but also a drop in the #unemployment rate to single digits, at 8.4%, which is a psychologically meaningful threshold to breach.
Still, great perspective is required when situating this #data in proper context. The #unemployment rate is still resting too close to double digits, and many #businesses will not recover their footing for years to come, if ever.
Additionally, the sectors of the #economy that were responsible for much of the past decade’s #job gains (travel, #leisure and entertainment) will be slower to come back and may be years away from recovering.
Read 4 tweets
Today’s #JobsReport, which witnessed nearly 1.8 million #jobs gained in the month of July, was stronger than many anticipated, yet it also displayed some signs of slowdown in #labor #market improvement.
The report shows that the pace of #job-gain acceleration has now slowed markedly, and it is our best guess that the rapid rate of return to #work will now exhibit a very deliberate pace of rebound from here.
That’s particularly the case for some sectors, such as #retail and #leisure #hospitality, where the slowing in improvement was even more pronounced.
Read 7 tweets
Hotel vs OTA, battle of demand aggregation
$MAR lower $EXPE commissions from 12 to 10%
$WH says when it acquires indie brand, % of booking thru OTA decrease by 1/2, from 50% to 25%
$HLT 35% of rooms booked direct from web/app, @skift bit.ly/2Z38SIT
#hotel #OTA #travel
New $MAR $EXPE contract as reported by @skift
bit.ly/2D9GueI
$MAR obtained: hotel owners can decide what room rates & when (seasonality) to distribute on expedia
Doesn't mention updated take-rate for EXPE

#hotel #OTA #travel
$GOOG enhance its hotel booking engine w/ maps + content/photo.
Benefits $MAR $HLT $WH $IHG
Hurts $BKNG $EXPE; their search ad expenses paid to $GOOG increased frm $1.5B in'14 to $3.5B in'18, but the O.G. aggregator dgaf
bit.ly/2v4zEmk from @skift
#hotel #OTA #travel
Read 10 tweets

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