Word: travelled
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...banks, are relatively unburdened by government directives aimed at managing the economy. Catering to individual depositors and small-business borrowers, private lenders have powered much of the industry's recent growth. Among their target customers are people like Nguyen Thi Tuyet. Four years ago, the 30-year-old Hanoi travel agent became the first person in her family to open a bank account when she made a deposit in Agribank. Recently, she opened a second account with Techcombank, one of the country's private banks, and applied for her first Visa debit card. Tuyet says she prefers doing business with...
...fail," says Palawan Aziz, the neighborhood's headman and now the project's strongest supporter. Stewart persevered, visiting residents and charming them with courtly Dari and Afghan social graces burnished by his earlier visits to the country (his 2002 trek across Afghanistan formed the basis of his best-selling travel memoir The Places In Between). His first project was to rid the area of 900 cubic meters of trash-a triumph that earned him much gratitude. "We didn't trust him at first," says Aziz. "So many foreigners come in with great promises, and nothing ever happens...
...paychecks remained large enough to attract criticism though, and even as Silverman steered Cendant to a profit peak of $2 billion in 2004, investors were unimpressed. So he heeded their grumbling and broke up the company. The hotels became Wyndham Worldwide, rental cars the Avis Budget Group, travel distribution (Orbitz, Galileo) Travelport, and real estate Realogy. Blackstone bought Travelport last year, and now Realogy belongs to Apollo...
David Neeleman's weeklong media apology tour took the JetBlue CEO from the Today show to David Letterman to Anderson Cooper to beg forgiveness for the popular airline's Valentine's Day debacle. The company had stranded more than 100,000 travelers after bad weather decimated its operating ability--in one case JetBlue passengers were left on a snowed-in runway for more than nine hours. Neeleman's mea culpa reached its apogee with a series of full-page national-newspaper ads: "Words cannot express how truly sorry we are for the anxiety, frustration and inconvenience that you, your family...
That will let IHG invest in growth, because travel is on the verge of an unprecedented, even unstoppable boom, says Cosslett. In the West, baby boomer retirees will be heading for the airport, not the rocking chair. In the developing world, more than a billion people have been freed to travel. Chinese tourists alone will make 100 million trips annually over the next decade. The global village is here, and any company parked on its intersections is going to do fine. But in view of the coming tourism onslaught, Cosslett says, "it's a good time to see the Sistine...