Word: capita
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...past 20 years," says Peter Yesawich, chairman of Y Partnership, who also consults for NYLO. "Gen Y is a market of comparable size. There's a big 'aha' when hotels discover that." The Gen X travelers, in their 30s, are also important. They earn on average $6,000 per capita less than boomers but travel more and spend more per capita on travel, according to Bjorn Hanson, chief lodging analyst at PricewaterhouseCoopers. "If you were designing a new concept, it would be logical to appeal to the high-propensity consumer...
...Just as the productivity slowdown was associated with a slower growth of real per capita income, the productivity resurgence since the mid-1990s has been accompanied by a pickup in real income growth. One measure of average living standards, real consumption per capita, is nearly 35 percent higher today than in 1995. In addition, the flood of innovation that helped spur the productivity resurgence has created many new job opportunities, and more than a few fortunes. But changing technology has also reduced job opportunities for some others--bank tellers and assembly-line workers, for example. And that is the crux...
...ratings agencies and investors. Iceland is the fifth richest country in the oecd; the prices of its largest exports, aluminum and fish, are at record highs. "The Icelanders are richer than us," says British economist Portes. "They're not exactly going to starve." (Iceland's gross national income per capita is $39,400, compared to the U.K.'s $35,300.) What's more, the banks remain fundamentally sound: they have strong deposit ratios and are more profitable than their Nordic peers. First-quarter results suggest the financial climate has started to warm: the three largest banks all reported strong core...
...increasingly popular way to do so is by measuring and measurably reducing our carbon footprints--the greenhouse gases we're responsible for emitting. The more dependent we are on fossil fuels, the bigger our carbon footprints; unsurprisingly, Americans, who are responsible for more than 20 tons of CO2 per capita annually, have some of the biggest feet in the world. How big? A recent study by a class at the Massachusetts Institute of Technology found that even a homeless American would have a carbon footprint of 8.5 tons--twice the global average. "We have contributed more than our fair share...
...days since, though, India's most nationalistic politicians, newspapers and television pundits have expressed outrage, calling Bush's comment rude and insensitive because it suggests Indians are to blame for recent global food price increases and implies they should eat less. "U.S. Eats 5 Times More than India Per Capita" blared a headline in the Times of India above a typical story outlining the massive disparities between the amount of grains, meat and vegetables the average American and average Indian consumes. The message from many Indians over the past two weeks has been stark: Americans should stop blaming others...