How the Sharing Economy is (Mis)shaping the Future - By Alan Young President, Puzzle Partner Ltd
Is this disruptive new trend really good for the economy and consumers?
Massive data breaches affect hotels and their legal responsibilities. As unauthorized hacking of confidential data explodes in volume and seriousness, minimum expected standards are evolving that hoteliers and others must follow. Interestingly, the latest guidelines are provided in an August 24, 2015 appellate court decision involving Wyndham Worldwide as if to emphasize that these rules (really) apply to the hotel industry.
According to the statistics, the number of Chinese outbound tourists in 2014 totaled 107 million, a year-on-year growth of 19.5%. It is expected that the year 2015 will see a year-on-year growth of 16% or higher.