
zend.val.mics
158 posts

zend.val.mics
@zendvalmics
Hopemaxxer😀Nuclear Energy Propagandist☢️Low Cortisol Enjoyer🗿Rational Thinker⚛️Professional Worrier🤔 Development Supporter📈


🚨India is planning to open ballistic missile production to the private sector follow @india_plus_










1/ Owing to high barriers to entry, India’s lodging and hotels industry has become a cartel that raises prices at will and fleeces customers. India’s luxury hotel average daily rate (ADR) in Mumbai and Delhi now rival those of New York and London. Absurdly enough, the financial press sometimes celebrates this as some triumph of Indian hospitality. It is nothing of the sort. High prices are the unmistakable stamp of a supply-constrained market in a low income country, which should actually have a very competitively priced and deep pool of lodging options. The hotel industry is a structural failure being hyped as a success.



































