Tag: Rates

Shocking divorce rates at world’s most popular wedding destinations

subhadip

WEDDINGS in Australia cost upwards of $65,482, so it’s no surprise many couples are casting their eyes overseas for cheaper alternatives. In places like Fiji, Bali and Phuket, you can have an extravagant ceremony on a picturesque beach for less than half the price. The Cook Islands and Vanuatu are also rising favourites, as well as European destinations like Paris, Italy, and the Greek island of Santorini. Let’s face it: you’re better off shelling out a few grand for airfares and taking off with your close family and friends than…

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Bank of England set to cut rates as survey flags sharpest UK downturn since 2009

subhadip

Britain’s economy is shrinking at its fastest rate since the financial crisis after last month’s Brexit vote, making a Bank of England rate cut on Thursday a “foregone conclusion”, a closely watched survey of businesses showed. Financial data company Markit said its monthly all-sector Purchasing Managers’ Index chalked up the steepest month-on-month decline on record after big falls in activity at private-sector services, manufacturing and construction firms. “The unprecedented month-on-month drop in the all-sector index has undoubtedly increased the chances of the UK sliding into at least a mild recession,”…

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How Hotel, Airbnb Rates Compare Around the World

subhadip

There’s been tons of buzz surrounding the battle betweenhotels and home-sharing services of late, with several studies pitting Airbnb against the hotel industry. But a new study from bus travel booking website Busbud reveals there are pros and cons to each when it comes to pricing. Busbud analyzed approximately 220,000 Airbnb listings and average hotel rates on Hotels.com over the first half of 2015 to examine how hotel and Airbnb rates compare in 22 major cities around the world. The study found that the average Airbnb listing was cheaper than the…

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