Roundup: Articles From Around the Web
Here are some posts from around the web that I thought you may find interesting. Let me know if there is anything good I missed. Email me anything awesome that you find, or write, at Mark@milestomemories.com.
REVIEW: MODERN LUXURY AT THE FOUR SEASONS ONE DALTON STREET, BOSTON – Takeoff To Travel
It looks like a stunning hotel, but it should be at those prices. Yikes!
Tourism killed Thailand’s most famous bay. Here’s how it was brought back to life – CNN Travel
The Beach movie is a guilty pleasure of mine so I have always kept my eye on this story. I think the changes, while adding more restrictions, actually make the experience better for tourists. It is cool to see how much the ecosystem has changed in just a few years.
JPMorgan Is Building a Giant Travel Agency – Wall Street Journal
I get the expansion goals from Chase because if you get a customer to do everything with you then you have them for life. But I wish they would focus on improving their system and training their agents before looking at expansion. It will be a mess. Here are some excerpts since it is behind a paywall:
“Travel has become one of the most important spending categories for banks and credit card issuers, and JPMorgan wants a bigger piece of it. The bank hopes to turn those traveling customers into lifelong Chase fans, drawing in more of their spending and other financial needs…
…JPMorgan estimates that its customers account for one of every three dollars spent on leisure travel in the U.S., though those customers book only a tiny amount on the Ultimate Rewards website.
With the new offerings, JPMorgan executives believe the bank could capture $15 billion in bookings in 2025, five times what it handled before the recent buildup. That would make it the third-biggest travel agent in the country, based on 2021 volumes, according to industry publication Travel Weekly. That is still far smaller than the parent companies of booking.com and Expedia, which each manage more than $70 billion.
The idea is for JPMorgan to control the entire shopping and buying experience for a purchase customers are passionate about. Automobiles and homes might be next, executives said.”
Which article did you find most interesting? Remember to let me know of anything you come across that you want added into the next edition at Mark@milestomemories.com.
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