Hotelscom apps downloads milestone

first_imgSource = ETB News: P.T. With the launch of the Kindle Fire app, hotels.com is now available across most all mobile devices, including iOS for iPhone, iPad, Android, Windows Phone and more broadly through development partnerships with companies such as Samsung and Ford. The app also allows users to access their Welcome Rewards account and store payment information. “Our strategy is to innovate and mould our apps for different devices and operating systems, so our customers get the best experience… we don’t believe in a one size fits all way of working and this launch demonstrates that,” Hotels.com spokesperson Alison Couper said.center_img Surrounding the launch of its newest mobile application, Hotels.com has revealed that its suite of apps have been downloaded more than 25 million times globally. Hotels.com has unveiled its new app, specifically built for Kindle Fire, enabling customers using the device to search and book hotel accommodation, review reservations and read customer reviews.last_img read more

Melbourne Convention Bureau appoints new US director

first_imgMelbourne Convention Bureau (MCB) recently appointed Maria Rivera as the new director of business development for North America.This role aims to position Melbourne as one of the world’s premier business events destinations, with Myriad Marketing’s Washington DC office working to keep Melbourne in the top spot in the North American market.Maria Rivera joins Myriad from Nashville Convention and Visitors Bureau where her she covered the bureau’s north eastern region and included identifying and delivering prospective clients in all market segments.MCB’s chief executive officer, Karen Bolinger has said that Maria’s strong association with the North American market means she is well placed to undertake the her new role effectively.“The North American association and incentive market is a key focus for MCB and Maria’s experience will be invaluable in strengthening relationships with meeting managers from across the country . She will help us go to the next level,” Ms Bolinger said.Melbourne Convention and Exhibition Centre’s chief executive Peter King, also welcomed Ms Rivera to the team, acknowledging her experience and expertise.“It’s great to have someone of Maria’s calibre join the team at MCB, Maria will have a very important role to play in terms of ensuring that Melbourne and MCEC is front of mind for the North America market,” Mr King said.Source = ETB News: Lewis Wisemanlast_img read more

Etihad Airways showcases its innovation in Europe

first_imgEtihad Airways showcases its innovation in EuropeEtihad Airways has launched a unique new mobile exhibition which will visit its key European markets to give commercial partners and consumers first-hand experience of the airline’s revolutionary new cabin products and inflight service elements.Weighing approximately 22 tonnes and measuring 50m², the 16m long mobile exhibition includes full-size mock-ups of The Residence, the world’s only three-room cabin on a commercial airline, and the First Apartment – both currently onboard the airline’s A380 fleet, and also the B787 First Suite.The Business Studio and Economy Smart Seat, which feature on both aircraft types, are also displayed.Peter Baumgartner, Etihad Airways’ Chief Commercial Officer, said: “Our cabin products have captured the world’s imagination, setting a new standard in sophisticated flying.“The Etihad Airways Mobile Exhibition will give our corporate and industry partners an understanding of the innovation and creativity which went into designing these industry-leading cabins.”The first phase of the tour will commence on 24 September in Switzerland’s commercial capital Zurich, in time for the start of the Zurich Film Festival, of which Etihad Airways is a major sponsor.It will then head to Munich, Frankfurt, Hannover, Düsseldorf, Paris, Lyon, Strasbourg, Cannes, Milan, Torino and Bologna, ending in Amsterdam on 14 December.The second phase, beginning in January 2016, will see the Etihad Airways Mobile Exhibition visit the UK, Ireland, Belgium and Spain, followed by repeat visits to the cities included in the first phase of the tour.“We are delighted to commence this tour in Switzerland, which is world renowned for design, craftsmanship, hospitality and generosity of spirit. These are all core elements of the Etihad Airways brand and service philosophy, now brilliantly showcased in this mobile exhibition.”The mobile product exhibition allows Etihad Airways to bypass the logistical constraints of transporting cabin mock ups to multiple locations, taking its ground-breaking premium products directly to target markets, trade events, and exhibitions.The mobile exhibition vehicle will be painted in Etihad Airways’ ‘Facets of Abu Dhabi’ corporate colours, ensuring optimal exposure of the airline’s branding as it makes its way around Europe.Source = Etihad Airwayslast_img read more

Australian leaders in indigenous tourism

first_imgAustralian leaders in indigenous tourismAustralian leaders in indigenous tourismNitmiluk Tours has had a hugely successful result at the Qantas Australian Tourism Awards 2017 held at Perth Stadium on Friday 23rd February 2018 taking out silver in the Luxury Accommodation category for Cicada Lodge, and a bronze in Aboriginal and Torres Strait Islander Tourism category.“These wins are a recognition of both the commitment of our team in the delivery of a highly professional and authentic cultural tourism product, and to the growth and significance of Aboriginal tourism to the overall Australian tourism economy” said Jane Runyu-Fordimail, CEO Nitmiluk Tours.“As a proud Jawoyn woman receiving this award on behalf of the team at Nitmiluk Tours and all of the Jawoyn people, this is a recognition of our people, our culture and our passion to share our culture, our land and our traditions. It is an acknowledgement of the past and a positive step forward to the future”.Nitmiluk Tours is a successful 100 percent wholly owned and operated Indigenous Tourism Operation that operates on Jawoyn Land that stretches over 50,000 square kilometres, the size of whole European countries. It is the exclusive provider for touring the breathtaking Nitmiluk Gorge, located approximately 320km South of Darwin Northern Territory, Australia.Source = Nitmiluk Tourslast_img read more

Multi Million Dollar US expansion for Kiwi Pod Hotel chain

first_imgMulti Million Dollar US expansion for Kiwi Pod Hotel chainMulti-Million Dollar US expansion for Kiwi Pod Hotel chainAn innovative Kiwi pod-hotel chain will expand into the United States in what its owners are describing as a significant move for the company.Jucy Snooze, a micro-accommodation provider which has more than 530 beds across its Auckland, Queenstown and Christchurch locations, is New Zealand’s first hotel chain to offer pod-style rooms for budget conscious travellers.Jucy has now signed a joint venture with a Los Angeles-based hotel developer to operate a Jucy Snooze hotel with more than 220 pods under the ‘Stay Open’ brand in San Diego.Jucy CEO Tim Alpe, says while the company already has campervan rental operations in the US, the proposed $16m San Diego hotel will be the company’s first offshore accommodation expansion.He says the company is also working with its US partner to open hotels in a number of other Southern California locations including Hollywood and Santa Monica.“The Jucy Snooze concept is about meeting the growing demand for budget accommodation as well as designing socially interactive spaces for Millennial and Centennial [Generation Z] travellers who want to connect with others while they travel.“We have also created new technology to remove some of the traditional pain points which allows guests to manage their own check-in process without needing to queue and access their rooms via a smart device.“The US operators have visited our sites around New Zealand and have seen nothing else like it; they plan to expand the Jucy Snooze concept throughout the US,” he says.Alpe says the opportunity was developed after extensive research of the North American market which was facilitated by NZTE.He says the move will complement Jucy’s rental vehicle business in the US while providing opportunities to cross-sell accommodation to their customer base expanding it’s hotel presence under the Stay Open brand.Alpe says their move into the US is timely with a number of new players entering the micro-accommodation space.The two storey, approximately 2000sqm Stay Open site is adjacent to the San Diego Airport and will have 226 pods plus six rooms with ensuites. The hotel will feature a rooftop bar and restaurant and an app which supports social connection between guests, introduction to local events and seamless ordering of food and beverages via their mobile device.Earlier this week, Jucy launched a new fleet of fully electric rental campervans targeted at eco-conscious European tourists to the New Zealand market.Source = Jucy Snoozelast_img read more

Sachin Nene

first_imgAir Arabia, the first and largest low-cost carrier in the Middle East and North Africa participated at the TTF Hyderabad. The airline, which flies daily from Hyderabad to Sharjah, hosted guests at the stall and received appreciable attendance. Air Arabia connects people, families and businesses from Hyderabad to Sharjah and 103 destinations thereon. With an enthusiastic participation from state tourism boards, national tourist offices and a gamut of hospitality industry leaders, the fair was an absolute success.last_img read more

Heathrow airport to launch fully automated pods

first_imgHeathrow will develop new iconic automated pods for public trials this summer in collaboration with Westfield Sportscars, and Oxbotica. The companies will develop pods using entirely British engineering and software capabilities. These will be capable of fully autonomous operation on London streets as part of the GATEway driverless car project in the Royal Borough of Greenwich.The companies will develop the existing ‘Ultra pods’ currently in service at Heathrow airport. Led by Westfield Sportcars, these pods will now be adapted to navigate the streets of Greenwich without the need for dedicated tracks.As the vehicle integrator and manufacturer of pods, Westfield will be responsible for the design and testing of the vehicles in accordance with the current type approval requirements. Heathrow Enterprises will look after vehicle software engineering while Oxbotica will be deploying its vertically integrated autonomy solution, which includes mapping, localisation, perception and trajectory planning, to enable the safe operation of fully driverless shuttles in Greenwich. It will also implement an innovative cloud-based shuttle management system, enabling the shuttles to operate as part of a synchronised, self-governing ecosystem, complete with smartphone booking applications, monitoring, and reporting.Steve Chambers, Director of Engineering and Asset Management at Heathrow said, “The GATEway Project is a fantastic opportunity to seize on the potential of our leading-edge ‘Ultra POD’ technology, which has already removed 70,000 bus journeys a year from Heathrow roads and the equivalent of 100 tonnes of carbon dioxide a year.”The GATEway project (Greenwich Automated Transport Environment) is a €8 million project jointly funded by Innovate UK and industry. Led by TRL, which has over 50 years of experience in vehicle automation, the project will investigate public perception, reaction, and engagement with a range of different types of automated vehicles.last_img read more

Hospitality sector in Oman to foresee a range of entries in 2017

first_imgThe metropolitical city of Oman has loads to offer and hence many international hotel chains are all set to launch their pristine properties in 2017. Popular luxury chains like W Hotel, Kempinski, Jumeirah have planned their entry in Muscat by end of 2017, while 2016 witnessed launch of Grand Millennium and re-launch of Sheraton after renovation.Recently, Mövenpick Hotels and Resorts inked an agreement with the Civil Service Employees Pension Fund to operate its first property Mövenpick Hotel and Apartments Al Azaiba Muscat, in Oman’s capital city. The property will feature 274 guest rooms and suites and 50 serviced apartments.Kempinski Hotel Muscat will open in Al Mouj by the fourth quarter of 2017. With 310 rooms and 12 restaurants, the five-star Kempinski will be the first hotel in the Al Mouj tourism complex to cater the tourists from both abroad and the Sultanate. Jumeirah Group will operate luxury resort in Muscat in 2017. The resort will consist of two hotel components, one consisting of 206 rooms and the other of 106 rooms, located in the picturesque cove of Bandar Jissah, near Qantab, nestled between the Hajjar Mountains and the Gulf of Oman. The lavish W hotel is scheduled to launch by early 2018 and will comprise of 290 rooms, a specialty restaurant, all-day dining restaurant, infinity pool and spas as well as a fitness centre, retail facilities and tennis court.Speaking about the recent development, Lubaina Sheerazi, India Representative, Ministry of Tourism, Oman, said, “In just three years, the Sultanate received 2.05 million international travellers in 2014, 2.47 million visitors in 2015- up by 17.7% and finally reaching the three million mark in 2016. By 2040, the Sultanate hopes to reach a total of five million international travellers. In keeping with this ambitious target for tourism growth, luxury hoteliers are foreseeing lot of potential in Muscat.”Oman is considered a market brimming with opportunities for the hospitality sector. Hotel room capacity is expected to increase by 6,000 rooms by 2020. Moreover, projects like the new Oman Convention & Exhibition Centre (OCEC) and the International Airport are all pointed towards a growing hotel market. Upcoming properties at the OCEC include JW Marriott and Crowne Plaza.Lubaina further added, “We are expecting an increase in MICE movement as Oman is an ideal short-haul destination for MICE. This sector will receive a significant boost with newer properties coming up at the Oman Convention and Exhibition Centre in Muscat this year.”last_img read more

NAHB Criticizes MortgageFee Raise in Payroll Tax

first_imgNAHB Criticizes Mortgage-Fee Raise in Payroll Tax Agents & Brokers Investors Lenders & Servicers National Association of Home Builders Processing Service Providers 2011-12-12 Ryan Schuette At least one key trade group opposes plans by some lawmakers to introduce a raise for mortgage fees in a payroll tax extension.[IMAGE]The “”National Association of Home Builders””:http://www.nahb.org/default.aspx (NAHB) released a statement Monday in opposition to the mortgage-fee raise.””Congress is essentially proposing to raise taxes on millions of potential home buyers in order to pay for a payroll tax cut and other non-housing legislative initiatives,”” NAHB chairman Bob Nielsen said in a statement. Lawmakers are busy cobbling together a payroll tax plan this [COLUMN_BREAK]week that would extend current rates for employees and their employers.””_Bloomberg News_””:http://www.businessweek.com/news/2011-12-12/democratic-payroll-tax-position-hardens-ahead-of-deadline.html reports that Democrats continue to line up against Republican efforts to pass the payroll tax extension with other elements, including changes to unemployment compensation and the removal of impediments to a Canadian oil pipeline.Nielsen highlighted the role that guarantee fees for Fannie Mae and Freddie Mac may play in protections against credit-related losses, suggesting that these could harm the “”safety and soundness”” of housing finance in the United States.””With the housing market struggling to regain its footing, such a short-sighted move would be extremely counterproductive and threaten the fragile economic recovery,”” he added.””Just as we are beginning to see modest signs of improvement in scattered housing markets across the nation where employment is gaining and consumer confidence is rising, Congress is tampering with g-fees and needlessly raising the cost of buying a home,”” Nielsen said. “”This will jeopardize the tenuous rebound and is the last thing this economy needs.”” Sharecenter_img December 12, 2011 432 Views in Government, Origination, Secondary Market, Servicinglast_img read more

Household Net Worth Growth Slows in Second Quarter

first_img Share Household net worth improved $1.3 trillion in the second quarter–half as fast as the first quarter–as real estate values grew $626.7 billion, the Federal Reserve reported Wednesday in its quarterly “”Flow of Funds””:http://www.federalreserve.gov/releases/Z1/20130925/ report. [IMAGE]But, with a drop in mortgage debt–including home equity loans and lines of credit–from $9.39 trillion in the first quarter to $9.34 billion in the second–homeowner equity grew to 49.8 percent in the second quarter from 48.1 percent in the first.Household investment in the stock market grew $265 billion in the second quarter compared with $929 billion in the first, when overall net worth grew $2.8 trillion.Owners’ equity as a percentage of real estate value has been on a steady upward trajectory since dropping to 36.3 [COLUMN_BREAK]percent in the first quarter of 2009. It rose to 45.4 percent at the end of 2012 and to 48.1 percent one quarter later. The 2.7 percentage point increase in the first quarter of this year is the fastest quarterly growth this century. Even with the increase, though, the equity percentage remains sharply lower than 57.7 percent in 2000.After falling $223 billion in the first quarter, disposable personal income grew $98.6 billion in the second. The first quarter drop reflected the rollback of the cut in payroll taxes, which ended January 1. With the increase, second quarter disposable personal income–essentially after-tax income–was $12.39 trillion, about $130 billion less than the record $12.52 trillion in the fourth quarter last year. Consumer borrowing (non-real estate debt) grew $41.7 billion in the second quarter after increasing just $104 million in the first. Residential mortgage debt fell $41.8 billion in the second quarter after dropping $49.7 billion in the first. Residential mortgage debt has dropped for 21 consecutive quarters from a peak of $10.67 trillion in the first quarter of 2008.All in, household assets grew $1.3 trillion in the second quarter–compared with $2.8 trillion in the first–to $88.4 trillion. _Hear Mark Lieberman on P.O.T.U.S Radio (Sirius-XM 124), Friday at 6:20 a.m. Eastern and follow him on Twitter at @foxeconomics._ September 25, 2013 429 Views Fed,Household Net Worth Growth Slows in Second Quartercenter_img Agents & Brokers Attorneys & Title Companies Consumer spending Federal Reserve First-Lien Mortgages Home Values Investment Investors Lenders & Servicers Mortgage Debt Personal income Processing Service Providers Valuation 2013-09-25 Mark Lieberman in Data, Government, Origination, Secondary Market, Servicinglast_img read more

Industry Organizations Launch National Appraisal Congress

first_imgIndustry Organizations Launch National Appraisal Congress Share in Data February 10, 2014 438 Views center_img Agents & Brokers Appraisals Attorneys & Title Companies Company News Investors Lenders & Servicers Service Providers 2014-02-10 Colin Robins “”The Five Star Institute””:http://www.thefivestar.com/#/home announced Monday the formation of the National Appraisal Congress (NAC). [IMAGE][COLUMN_BREAK]In response to a developing need for thought leadership and the promotion of best practices and execution, the NAC will serve as a collection of subject matter experts to foster collaboration in the real estate appraisal industry.Jordan Petkovski was named the committee’s chairman.Petkovski has worked in the residential appraisal industry in various senior positions for more than 15 years. He currently serves as the chief appraiser for TSI Appraisal, a division of “”Title Source””:http://www.titlesource.com/. Petkovski is a nationally recognized author and subject matter expert with respect to residential appraisal practices.””I couldn’t be happier with the opportunity to serve,”” Petkovski said. “”Property appraisals are an important part of market valuations, and I’m looking forward to leading the NAC at a time in our industry where our profession is at the epicenter of stability and progress for housing and communities.””last_img read more

What Will 2015 Bring for Mortgage Rates

first_img Share Bankrate Federal Reserve Forecast Mortgage Rates 2015-01-05 Tory Barringer January 5, 2015 470 Views What Will 2015 Bring for Mortgage Rates?center_img After years of economists predicting hikes, mortgage rates finally look set to increase in the coming year, though the trend is expected to be a bumpy one.With the Federal Reserve recently ending its monthly asset purchases and turning toward the possibility of bringing short-term interest rates up in 2015, analysts (including economists at Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and other housing groups and companies) are calling for the average 30-year fixed mortgage rate to rise to nearly 4.5 percent, with some calling for an average closer to 5 percent.Greg McBride, chief financial analyst for finance website Bankrate.com, expects the average 30-year fixed rate will lift off from a final 2014 reading of 3.96 but still remain below 5 percent, mostly due to volatility in the year’s first half.”I expect we’ll see rates go even lower than they are right now in the first few months of the year, but as we go into the second quarter with the Fed’s [rate hike] timetable coming into clearer focus, we’re going to start to see mortgage rates go higher,” McBride said.As of January, policymakers at the Fed had yet to assemble a timetable for when the central bank will start bringing up rates, but the perspective offered by most of the voting members of the Federal Open Market Committee seem to point to a slow build. In a panel hosted at the American Economic Association’s annual meeting in early January, Boston Fed President Eric Rosengren said the Fed is in an unusual position at the moment, especially as other central banks around the world make moves to ease their own monetary policy in the face of recessions.”Central-bank balance sheets are in a very different position than they normally are, so that is an unusual feature of this cycle,” Rosengren said. “But certainly, the fact that we’re at a point where [rate] normalization’s being discussed is a positive one.”While the global economic situation could mean another year of missed forecasts for mortgage rates, the Fed’s turn toward (slightly) less accommodating monetary policy suggests 2015 will be the year in which rates start to ascend meaningfully.In the meantime, McBride says Fed officials need to be careful about what they say and do so as not to spook the financial markets—like in 2013, when just the mention of slowing down asset purchases sent mortgage rates climbing.”This is a period of transition, and the Fed has to prep markets for the eventuality of interest rate hikes. They have to communicate the timing of it once it comes into focus for them,” he said. “And markets are particularly sensitive to monetary policy. All of that is a recipe for some sort of market overreaction somewhere along the way.” in Daily Dose, Data, Featured, Newslast_img read more

HouseCanary Wins 7062 Mn Verdict Against AMROCK Inc

first_imgHouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc. in News, Origination, Technology AMROCK HouseCanary Lawsuit platform Quicken Loans technology 2018-03-19 Radhika Ojha Sharecenter_img A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation case with Title Source, an affiliate of Quicken Loans, now known as AMROCK, Inc.Trial litigation firm Susman Godfrey secured the jury verdict for HouseCanary in the misappropriation of trade secret and breach of contract case related to HouseCanary’s technology for valuation, appraisal, and real estate analytics.At the conclusion of the six-week trial, a 12-person jury found unanimously in favor of HouseCanary, on counterclaims in this high-stakes legal battle.    “We are very pleased we could obtain this result for our client,” said Max Tribble, who served as lead counsel for HouseCanary along with co-lead counsel, Kalpana Srinivasan. “Our firm’s experience in high-tech trade secret cases enabled us to secure this substantial win in a hard-fought trial.” Representing HouseCanary alongside Tribble and Srinivasan were Matthew Behncke, Elisha Barron, and Rocco Magni. March 19, 2018 519 Views last_img read more

Why Are Home Sellers Wary of Trading Up

first_img in Daily Dose, Data, Featured, News Share August 7, 2018 682 Views Why Are Home Sellers Wary of Trading Up?center_img Fannie Mae Home Purchase Home Sellers Homebuyers homes HOUSING HPSI mortgage 2018-08-07 Radhika Ojha The upward movement of home prices has made both home sellers and buyers wary about selling or purchasing a home. This, according to the findings of the Fannie Mae Home Purchase Sentiment Index (HPSI), released on Tuesday.The HPSI fell in July for the second consecutive month, dropping 4.2 points to 86.5 in July after reaching survey highs in April and May.Fannie Mae attributed this drop to declines in four of the six HPSI components—those who said it was a good time to buy a home; those who said it was a good time to sell; those who said that home prices would go up; and those who said that they were not concerned about losing their job.According to the survey, the net share of respondents who said that now was a good time to buy a home fell 4 percentage points from June to 24 percent. Those who said it was a good time to sell, also declined 6 percentage points from June’s survey high to 41 percent.“Home purchase sentiment seems to have reached a plateau, with potential home sellers likely struggling to find a home to buy amid slow supply growth, expectations for rising mortgage rates, and significant home price increases,” said Doug Duncan, SVP and Chief Economist at Fannie Mae.In fact, high home prices were cited as the top reason for being a good time to sell a home, but a bad time to buy one, and according to Duncan could also be a factor in the low existing home sales seen during the season.“This suggests a contributing factor to the low supply of existing homes for sale is that current owners are reluctant to trade up in a rising price market. Additionally, the shares of consumers citing favorable mortgage rates as a reason why it’s a good time to buy or sell a home both dropped to fresh survey lows.”The survey revealed that the net share of Americans who said mortgage rates would go down over the next 12 months rose 1 percentage point to -52 percent, while the net share of those who said they were not concerned about losing their job fell 11 percentage points to 65 percent.Read about the survey’s findings in June:Has Homebuyer Demand Plateaued?last_img read more

Northern Hemisphere market report for Week 30 end

first_img Northern Hemisphere market report for Week 30 (ending July 27) Decofrut/edited by www.freshfruitportal.comFreshfruitportal.com is not responsible for the information provided by State of the Market. The contents only reflect analysis carried out by Decofrut. You might also be interested incenter_img August 02 , 2018 last_img

November 06 2018

first_imgNovember 06 , 2018 From the pages of Produce Business UKWhether it be leading supermarkets with omni-channel retail or major e-commerce players like Ocado and AmazonFresh, the UK is at the vanguard of online grocery shopping in the developed world. Fresh produce still has some catching up to do, but Nielsen UK’s head of retailer and business insight, Mike Watkins, highlights some key developments that have positioned the category for growth.Mike Watkins at Nielsen UK says ‘younger shoppers are more inclined to by fresh online. It’s a lifestyle thing.’According to Nielsen Homescan research for the 52 weeks to 31 September 2018, 7.3 percent of Great Britain’s fast-moving consumer goods (FMCG) were purchased online, making it a £7 billion market.Watkins says the group predicts online grocery will rise to 10 percent of the grocery market in the next three years, as the fastest-growing retail channel “outside of the discounters Aldi and Lidl.”For the moment, around 4 in 10 British shoppers make grocery purchases online. But how do fresh fruit and vegetables fit into the equation?In terms of the percentage of overall sales purchased online, fresh produce is only lagging by less than a percentage point.Watkins says the Nielsen Homescan research shows 6.4 percent of fruit and vegetable sales in Great Britain are made online, with a value of £720 million annually, and almost a third (28 percent) of shoppers are now buying fresh produce over the internet.“The thing about fruit and vegetables is there’s no longer any significant barrier to stop shoppers buying those products online,” he tells PBUK.“When online was growing very fast five years ago and shoppers weren’t used to buying fresh produce online, they bought less as a proportion of their online shopping basket. While fresh isn’t a destination category, it’s very much part of the online shopping basket as it would be if you went to a store.”And the outlook is strong because, according to Watkins, the produce offering is starting to fit with three key drivers for online purchase intent.“It’s the convenience of shopping online, it’s the range of products available and it’s the ability to ask good prices,” he says. “You do have the ability today in the UK to get the same depth of range in fruit and veg online as you can often get in the store.“That’s a challenge for the supply chain and the retailer because if there’s one challenge that shoppers find online it’s the issue of substitution, which clearly in any fresh food is going to be more of a challenge.”In the case of fruits and vegetables, this is even more of an issue because of seasonality, but the buying trends for younger generations – from Generation X through to Z — bode well for the sector.“Here’s a really important point. We know from our Homescan research that the younger shoppers are much more demanding of good quality, but they’re also much more willing to accept substitution,” says Watkins. “They learn to shop differently. And more importantly perhaps, younger shoppers are more inclined to by fresh online. It’s a lifestyle thing.”Finding and building systems to support online fresh produce growthWatkins emphasises all the major UK supermarkets have been pioneers in developing the category, as well as Ocado and more recently AmazonFresh.In the company’s half year report, Ocado chief executive officer Tim Steiner said the online retailer was in the midst of a “transformational period” with its proprietary technology offering an end-to-end operating solution to meet consumer needs.In the first six months of the year the group signed three international partnerships for its Ocado Smart Platform (OSP) with Sobeys (Canada), ICA (Sweden) and Kroger (US). This adds to existing partnerships with Groupe Casino (France), Bonpreu (Spain) and Morrisons (UK).“The success of our technology platform continues to be demonstrated by our UK retail business, where Ocado continues to outpace our competition in terms of our service offering and our growth,” Steiner said.“We have just opened our latest state-of-the-art Customer Fulfillment Centre, which, once at full capacity, will be the largest automated warehouse for online grocery retail in the world and will showcase the scalability, adaptability and efficiency of our platform.”Ocado’s technological innovation is a response to many hurdles that continue to exist in e-commerce for fresh food, with two main problems being the cost of fulfillment and the challenge of providing frequent deliveries in an efficient way.“They [Ocado] say in their trading statement that the average spend is over £100, and within that there’s rather a high proportion of fruits and vegetables. So Ocado specifically look to offer depth of range which is very important in fresh foods,” says Watkins.“The next stepping point which includes fresh is for retailers to find a way of delivering smaller baskets more often, profitably.“If fresh is part of your meal occasion at night, shoppers will have to pay more for that in the future in my view because it becomes very expensive for any retailer, whether it be Tesco, Amazon or Ocado, to fulfil that.”Subscription services the “next big thing” for e-commerceWatkins emphasises that as only 7 percent of FMCG purchases are online. That means the vast majority are still in physical stores.“That isn’t going to go anywhere soon – what we’re seeing as the future growth of fresh food as a destination online is still to be proven,” he clarifies. “If you look at all the expenditure online, people buy lots of different products within their online shopping basket. But only 5 percent of those online baskets are 100 percent fresh.”He says this is a broad trend in what is still a “very specific” category, where e-commerce is not yet happening instead of the bigger shop for households.“In heavily urbanised cities or regions, be it in the UK or Korea, there’s a market for having fresh foods delivered within the area, but the number of items that people are buying is going to be a handful, so we need to look at it somewhat differently,” says Watkins.“Similarly to alcohol and confectionery, there’s a need for theatre and in-house experience within the whole fresh environment, to be able to touch the products and see the display, which is obviously a key part.“That’s why fresh online delivery and specifically fresh baskets are still in their infancy.”He describes delivery packs and subscription models as “probably the next big thing in online grocery shopping”.“That’s because if you subscribe to the benefits of having a subscription, you’re more likely to shop more often, and if you’re shopping more often, you’re more likely to buy more fresh food.”Like the Amazon Prime subscription service that offers same-day delivery, leading UK supermarkets are also offering subscription services, generally incentivising longer subscription periods with more competitive pricing for annual deals.Examples include Tesco’s Click+Collect Delivery Saver, Asda’s Delivery Pass and Sainsbury’s Saver Delivery Pass. Many of these plans offer consumers better pricing for mid-week delivery between Tuesday and Thursday, but what they all share is a £40 minimum spend or else the purchase includes a delivery fee.Earlier this month (October), Waitrose took the model a step further with the announcement of a trial allowing consumers to have their online grocery purchases delivered while they’re out.Using Yale smart-lock technology, customers give a Waitrose delivery driver the ability to enter their home with a temporary access code sent to the retailer via a secure app. The code is then sent to the driver’s device at the time the customer has booked for the delivery and is deleted once the delivery is complete.The retailer will test demand for the “While You’re Away” service with 100 customers within the delivery area of its dotcom fulfilment centre in Coulsdon, South London. Participants in the trial will need to make minimum orders of £25 and a minimum number of six orders.If the trial is successful, the retailer hopes to make the service available to more than 1,000 customers in spring 2019.“There is certainly an increasing demand among our customers to make shopping with us even more convenient to fit around their busy lifestyles,” said Waitrose’s head of business development Archie Mason.“Rather than waiting for a delivery or trying to put everything away, it gives customers more flexibility to use that time differently, including more time enjoying cooking and eating the food they’ve bought.“The concept of ‘in-home delivery’ has started to prove popular in other countries, so we are keen to establish if there is an appetite for it in the UK.’”Two more omni-channel trends to watch: Meal kits and sustainable packagingWatkins highlights two other key trends that will shape the future of fresh produce sales, with implications for online, as well.The first is meal kits, building on trends around recipes and meal delivery services.“If you go back about 10 years in the UK, chilled ready meals in a box to put in the microwave, that was a big, growing category,” he says.“When you look at the online space, it’s more like innovation by meal kits where you buy the product to prepare and cook yourself.“That hits the other part of online food shopping, which is Just Eats and HelloFresh, where you’re actually buying the ingredients for the meal that creates, which is different to having it in a box and putting it in the microwave.”He says meal kits are more orientated to higher-end, bigger expenditure demographics, but “clearly there’s a good profit margin in the industry, and that’s where the innovation is going”.The second issue relates to the mass consumer movement against plastic waste and a need to provide more recyclable and sustainable packaging, while at the same time still protecting the product and therefore product quality.“That’s a big topic in the UK – when you’re having product delivered to the home or from pick and collect, they still need to be packed correctly,” Watkins says. “It’s really only in the past 12 months that the supermarkets have started to take a lead role on this, so it’s all about the overall brand and the brand equity and retailer equity.“It’s not yet specifically for online – when you shop at these retailers, you can trust them to be doing all these right things that you expect them to do.”For more on omni-channel retailing, check out the home page for the Amsterdam Produce Summit, which features articles and speakers who be focusing on the topic at this year’s conference from 12-14 November. U.S.: Kroger, Ocado break ground on second high-te … U.K.: M&S and Ocado’s £750M JV to “transform … You might also be interested inlast_img read more

But Trump said on Saturday he did not think that w

first_imgBut Trump said on Saturday he did not think that was fair to U.S. suppliers.He noted that the U.S. Commerce Department would evaluate in the next few days whether to take Huawei off its entity list.This decision was applauded by both China and U.S. microchip makers.“We are encouraged the talks are restarting and additional tariffs are on hold and we look forward to getting more detail on the president’s remarks on Huawei,” John Neuffer, president of the U.S. Semiconductor Association, said in a statement.Yet not all U.S. politicians are likely to welcome the move.Last month, Republican U.S. Senator Marco Rubio and Democratic U.S. Senator Mark Warner urged Trump to not use Huawei as a bargaining chip for trade negotiations.Huawei has come under mounting scrutiny for over a year, led by U.S. allegations that “back doors” in its routers, switches and other gear could allow China to spy on U.S. communications.The company has denied its products pose a security threat.An uncertain future for the U.S. and ChinaRegarding tensions between the two administrations, a number of Asia specialists, including former U.S. diplomats and military officers, have urged Trump not to “treat China as an enemy.”They warn that this approach could hurt U.S. interests and the global economy, according to a draft open letter reviewed by Reuters on Saturday.Although analysts cheered a resumption of talks between Washington and Beijing, the future relationship between the world’s largest economies remains uncertain.Some are left questioning whether the two sides would be able to build enough momentum to breach the divide and forge a lasting deal, explained Reuters.Read the full article here NZ: Zespri sends first kiwifruit charter of the ca … No deadline was set for progress on a deal, and the world’s two largest economies remain at odds over significant parts of an agreement, commented Reuters.Still, financial markets, which have suffered from the nearly year-long trade war, are likely to cheer the truce, it added. U.S. increases tariffs on China to 25% in major tr … July 01 , 2019 You might also be interested incenter_img Washington and Beijing have slapped tariffs on billions of dollars of each other’s imports, stoking fears of a wider global trade war. Those tariffs remain in place while negotiations resume.“We’re right back on track,” Trump told reporters after an 80-minute meeting with Xi Jinping at a summit of leaders of the Group of 20 (G20) major economies in Osaka, Japan.Trump tweeted later that the meeting with Xi went “far better than expected.“The quality of the transaction is far more important to me than speed,” he tweeted. “I am in no hurry, but things look very good!”Developments regarding Huwai TechnologiesTrump made a major compromise with Xi concerning China’s Huawei Technologies Co [HWT.UL], the world’s biggest telecom network gear maker, noted Reuters.Previously, the Trump administration claimed the Chinese firm is too close to China’s government and poses a national security risk.Trump’s Commerce Department even put Huawei on its “entity list,” effectively banning the company from buying parts and components from U.S. companies without U.S. government approval. U.S. President Trump and Chinese President Xi Jinping met in Osaka, Japan, on Saturday, agreeing to restart trade talks with each party returning to the negotiation table offering certain concessions.On the U.S. side, Trump said he would not impose any new tariffs on the Asian country’s imports and would ease restrictions on tech company Huawei. As for Xi, he said he would make new – but unspecified – purchases of U.S. farm products. Australian table grape season in China “outstandin … Trump moves to scrap trade privilege for India … last_img read more

Emirates has announced it has begun a 4 x weekly s

first_imgEmirates has announced it has begun a 4 x weekly service between Dubai and Porto, Portugal on Tuesdays, Thursdays, Saturdays and Sundays. Porto is the airline’s second destination in Portugal, after Lisbon.EK197, which made its inaugural flight on 2 July 2019, departs Dubai at 0915hrs and arrives in Porto at 1430hrs. The return flight, EK198, departs Porto at 1735hrs and lands in Dubai at 0415hrs the next morning.The service will be operated by Emirates Boeing 777-200LR, in a two class cabin configuration featuring Emirates’ newest Business Class and Economy Class seats and interiors. The aircraft has 38 lie flat seats in Business Class in a 2-2-2 configuration and 264 spacious seats in Economy Class. IMAGE: Thierry Aucoc (R), Emirates Senior Vice President, Commercial Operations, Europe, Russian Federation and Latin America, exchanges a gift with Luis Arnaut Chairman of Ana Airportsto mark the airline’s arrival to Porto Airport/Photo by Hernani Pereira airlinesEmiratesPortoPortugallast_img read more

Last season Arizona had three cornerbacks who eac

first_imgLast season, Arizona had three cornerbacks who each finished with at least 29 pass attempts thrown his way (29 attempts being the bar for qualifying in the season-ending metrics). They were:Rodgers-Cromartie: 85 pass attempts, 686 yards allowed, 8.1 YPA.Greg Toler: 87 pass attempts, 792 yards allowed, 9.1 YPA.Michael Adams: 47 pass attempts, 345 yards allowed, 7.3 YPAAll totaled, this trio saw 219 pass attempts and allowed 1,823 yards, or 8.3 YPA. These totals were the eighth worst in the league and can be drastically improved if Peterson plays at about the same level he did in college.“Peterson was targeted 32 times and allowed 173 yards, or 5.4 YPA,” Joyner writes. It may only look like a few yards here and there, but if the Cardinals’ cornerback totals listed above were recalculated with Peterson’s YPA taking the place of Toler’s, it would equal the following: 219 pass attempts, 1,377 yards allowed, 6.3 YPA. To put that total into perspective, consider that a 6.3 YPA composite mark for cornerbacks would have placed second in the league in 2010. Peterson may or may not play in the NFL at the same elite level in which he did at LSU, however an improvement to the Cardinals secondary is not as farfetched as people may think. Nevada officials reach out to D-backs on potential relocation Top Stories What an MLB source said about the D-backs’ trade haul for Greinke Cardinals expect improving Murphy to contribute right awaycenter_img Rookies are often drafted to help a team in the future, however Cardinals first round draft pick Patrick Peterson is expected to make an impact now.Not only is Peterson expected to start, but he will also have a significant role in a Cardinals’ secondary that is trying to improve upon the 228 yards per game they allowed through the air last season.It may seem like the Cardinals have a long way to go before they can consider their secondary among the league’s best, yet ESPN’s KC Joyner thinks Peterson can help this secondary become elite almost immediately. 0 Comments   Share   D-backs president Derrick Hall: Franchise ‘still focused on Arizona’last_img read more

The 3220 defeat the Pittsburgh Steelers hung on t

first_imgThe 32-20 defeat the Pittsburgh Steelers hung on themwasn’t the only loss suffered by the Arizona Cardinals onSunday.Running back Beanie Wells left the game with a right kneeinjury in the second quarter and did not return.Alfonso Smith took over the spot and ran for 17 yards anda touchdown on five carries.Head coach Ken Whisenhunt announced Monday morning thatWells would not require surgery, but didn’t offer manydetails other than that. “I don’t want to get into the specifics of what it is,”Whisenhunt said. “I’m not going to put a timeframe on it,because I don’t want to set the young man up for failure.”So the Cardinals could be looking at life without Wellswhen they head to Baltimore to take on the Ravens nextSunday. Does that mean that they’ll scour the waiver wireto see what’s out there in terms of help at the positionif Wells can’t go? “No, I’m comfortable with the guys that we’ve got,” thehead coach stated. “I think Alfonso has shown that he cando some good things for us. Obviously having LaRod(Stephens-Howling) back a hundred percent helps, andChester (Taylor) is a lot more comfortable with where weare offensively right now.”Wells did miss a game earlier this season–a loss atSeattle. Taylor got the start, but was replaced early inthat game by Smith, who ran for 54 yards. In all, Wells has accounted for 72% of the Cardinals’rushing offense this season.Arizona Sports’ Kyndra de St. Aubin contributed tothis report D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Nevada officials reach out to D-backs on potential relocation 0 Comments   Share   center_img What an MLB source said about the D-backs’ trade haul for Greinke Top Stories Cardinals expect improving Murphy to contribute right awaylast_img read more