Share to Twitter Share to Linkedin It's going to be a busy summer travel season. And different. The summer travel advice from experts is different, too. Domestic travel volume will rise 16% over last year, with almost 75% of Americans planning to travel domestically for summer vacations, according to Allianz Partners' Top 10 Summer Destinations review . And travel to Europe will soar 600% over last year. "The floodgates have opened," says Valentina O'Kane, owner of Incognito Global Travel , an affiliate of Embark Beyond. "People are rushing to get out there again. The popular tourist destinations are overbooked, with little if any availability. They are going to be overcrowded and overpriced this summer." I just interviewed 200 top travel experts about what lies ahead for travel. Here's part one of my series , which outlines what to expect in the next three months. There are two important takeaways. Covid is far from over, so you may … [Read more...] about Don’t Go There! Expert Summer Travel Advice For Your Next Vacation
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Chin Hin Group continues M&A spree
CHIN Hin Group Bhd is again making waves for its acquisitive drive. Chin Hin is a 31.2% stake owner in Signature International Bhd after purchasing a stake in March 2021. Earlier in the week, Signature had announced its intention to acquire a 23.67% stake in Main Market-listed Fiamma Holdings Bhd for RM180mil cash or RM1.50 per share. ALSO READ: Chin Hin takes control of Ajiya Fiamma mainly distributes and services home and kitchen electrical appliances and it also makes built-in kitchen and wardrobes. In December 2020, Chin Hin had parked Chin Hin Group Property Bhd (CHGP) under its stable after it acquired a 51.5% equity stake in a related party transaction (RPT) from the latter’s major shareholders. According to its 2021 annual report, Chin Hin now has an effective 59.3% stake in CHGP. There have been more acquisitions. Chin Hin is now a 65%-owner of construction firm Kayangan Kemas Sdn Bhd and the company is the single largest 24.68% shareholder in construction … [Read more...] about Chin Hin Group continues M&A spree
Maximizing Growth Through Acquisitions
Share to Twitter Share to Linkedin Chief Operating Officer Mike Hoffman leads business transformation for scaled growth and client success at SBI Growth . Pent-up demand and accelerated growth expectations are leading many CEOs to take a hard look at whether an acquisition is the most effective way to achieve their goals. For companies that have built and grown effectively on their own, the unknowns of an acquisition can be daunting. However, with a strategic investment of time in finding the right acquisition and approaching the pre- and post-merger steps correctly, the rewards can far outweigh the potential risks. Minimize Risks Before Making An Acquisition The first step is to do your go-to-market diligence. Create a comprehensive view of the target’s revenue engine, its overall health and the levers that will drive measurable improvement and sustainable growth. Your checklist should look like this: • Assess the target’s … [Read more...] about Maximizing Growth Through Acquisitions