TripAdvisor has peaked. Big statement but I can’t shake it. The world’s largest travel “community” – 11 million members, 30 million reviews – may continue to grow but its reputation among frequent travelers and the industry is in terminal decline. This is crucial. It means the people who matter will move on, leaving it to the ignorant and the socially needy. No doubt it will remain a fantastic business that can make or break a hotel, but one without soul or genuine credibility, absolutely crucial criteria for any media business, old or new
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Sunday, February 7, 2010
Micros Systems: Subsidiary fraud caused overstatements
Columbia-based Micros Systems Inc. said Thursday that it overstated revenue by $6.9 million and pretax income by $4.4 million over the past five years because of fraud by a Japanese subsidiary. The company, which supplies information systems to the hospitality and retail industry, said the overstatements weren't enough to adjust previous earnings statements. Micros also said that fiscal second quarter earnings for the period ended Dec. 31 were flat at $26.1 million, or 32 cents per share. Revenue for the quarter was $225.6 million, according to the company.
'Beer cheaper than soft drinks in half of UK's pubs'
Pubs are charging up to 60p more for a soft drink than a pint of beer, a Sunday Mirror survey reveals.A pint of standard bitter is cheaper than an equivalent amount of non-alcoholic drink such as cola and lemonade in almost HALF of Britain’s pubs.One city centre bar was charging £2.60 for a pint of orange juice – when its bitter was just £2.The massive mark-ups on non-alcoholic drinks were last night condemned by health campaigners.Our researchers went to 17 pubs in Plymouth, Birmingham, Bristol and Manchester and compared the price of bitter and lager with a pint of orange juice or lemonade.
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