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Feb 17
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LONG
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Elie Maalouf
CEO, IHG Hotels & Resorts
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Maalouf notes a "record over 440 hotel openings" and bullishness on US 2026 due to the World Cup. Wade (Union Square Hospitality) confirms "fine dining... is the strongest segment" and corporate event business is up. Travel and high-end leisure are decoupling from the broader goods economy. Major events (World Cup) and corporate return-to-office/entertaining are structural tailwinds for 2026. Long Hospitality/Travel. A sharp recession curbing discretionary travel. |
Bloomberg Markets
Stocks Gain as Tech Holds Up; Bonds Steady | ...
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Feb 13
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LONG
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Saurabh
Secretary of the Statistics Ministry, India
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"The consumption basket... reflects the improving socioeconomic conditions... reduced proportion of expenditure on food... increased weightage for prepared foods for restaurant services... and in the personal discretionary items." The government's statistical re-weighting confirms a structural shift in consumer behavior. As incomes rise (speaker notes lowest decile expenditure has doubled), spending moves from survival (basic food) to lifestyle (dining out, personal care). This creates a tailwind for companies servicing the aspirational Indian middle class. LONG. Persistent food inflation could force consumers to cut back on discretionary spending despite the structural trend. |
Bloomberg Markets
India’s New Inflation Basket Explains India’s...
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