Hospitality industry in a business

Share to Twitter Share to Linkedin In healthcare, as in life, people devote a lot of time and attention to the way things should be. They’d be better off focusing on what actually could be. As an example, 57% to 70% of American voters believe our nation “should” adopt a single-payer healthcare system like Medicare For All. Likewise, public health advocates insist that more of the nation’s $4 trillion healthcare budget “should” be spent on combating the social determinants of health: things like housing insecurity, low-wage jobs and other socioeconomic stresses. Neither of these ideas will happen, nor will dozens of positive healthcare solutions that “should” happen. When the things that should happen don’t, there’s always a reason. In healthcare, the biggest roadblock to change is what I call the conglomerate of monopolies , which includes hospitals , drug companies , private-equity-staked physicians and commercial health insurers . These … [Read more...] about In Healthcare’s Game Of Monopoly, One Player Will Control The Board

If veteran banker Cezar “Bong” Consing didn’t have to take over the helm of conglomerate Ayala Corp. following tycoon Fernando Zobel de Ayala’s medical emergency and subsequent retirement, there’s a good chance that he would be appointed the next Bangko Sentral ng Pilipinas (BSP) Governor. From what we gather, there are prime movers in the Marcos administration who are batting for Consing to be the country’s next chief monetary and banking regulator. But now that Consing may be out of the game after accepting the post of Ayala CEO, who could the other candidates be? By this time, it appears that former BSP chief and Finance Secretary Benjamin Diokno is comfortably nestled in his position as chief of the economic team. Whether or not he wants to return to the BSP, an influential source says Diokno will likely stay in this current post. Thus, among President Marcos’ options is to keep the status quo: BSP Governor Felipe Medalla (whom we hear has been backed by Diokno himself) … [Read more...] about BIZ BUZZ: The next BSP chief

With thousands of construction workers and contractors needing long-term housing, the world’s largest hotel franchisor is launching a new brand for the booming boots-and-hardhat market. G eoff Ballotti is staring at a map on his office wall and likes what he sees. Nearly two dozen dots sprinkled across the United States represent future semiconductor factories. Outside of the microchip sector, few executives would seek out such a stodgy map from the Semiconductor Industry Association, let alone hang it on a wall. But for the CEO of Wyndham Hotels & Resorts (2022 revenue: $1.56 billion), each dot on that map represents a giant, flashing-light opportunity. Ballotti quickly rattles off examples of locations where new chip factories are slated to appear. Intel is building two plants in Chandler, Arizona, at around $30 billion a pop. In Texas, plants have been announced by Texas Instruments in Sherman ($30 billion) and by Samsung in Taylor ($25 billion). In Indiana, they are … [Read more...] about Wyndham Hotels Grabs A Windfall From America’s Infrastructure Agenda