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This holiday, stay your way – select the perfect accommodations



This holiday, stay your way - select the perfect accommodations

The perfect accommodation, while travelling abroad, is not merely a space to store your belongings and hit the bed. It should serve your purpose and should support those activities you want to indulge in, all in your budget while ensuring maximum comfort.

The type of accommodation you choose should not be:

  • Too expensive or too cheap
  • Lacking essential amenities important for you
  • Too sophisticated
  • Too remote
  • Too rustic or unrefined

It’s particularly important to choose the right accommodation while you travel, especially overseas. That’s because the wrong accommodation can mar an otherwise exceptional holiday experience.

There are several factors to take into consideration before zeroing on a particular type of accommodation. The standout factor here is the purpose and type of travel. Is it a business visit? Are you planning a holiday with your family? Is honeymoon on the cards? Are you on an adventure trip?Looking at travelling solo?

A Quick-List of Preferred Accommodations based on Purpose of Visit

  • Business Visit – Hotel
  • Leisure – Resort, Service Apartment, Villa
  • Adventure & Exploration – Bed & Breakfast, Motel, Cabin
  • Spa Holiday – Resort with rejuvenating spa options
  • Safari & Wildlife – Caravan, Cottage, tent
  • Honeymoon –Hotel, Resort, Private Apartment
  • Family Holiday – Service apartment, Villa

Your Budget is a Deciding Factor

The type of accommodation you choose can have a substantial impact on your budget. That is because, apart from the price of the accommodation, the location of tourist hotspots from a specific accommodation decides your commute expenses. Doing complete research before booking one helps save time and reduces stress. Other leading factors playing a crucial role in deciding the type of accommodation are:

  • The length of your stay
  • What time you arrive
  • How many people you are travelling with
  • Are you looking for cooking facilities
  • Do you want to stay in the city centre
  • Access to public transport
  • Gastronomy options

Accommodation Based on Destination Type

Big metro cities

If you are visiting the big metro cities, hotels will be the perfect choice for your stay. Hotels in big cities often are contemporary in style and are the perfect backdrop to commute conveniently. Hotels in big cities are usually located close to public transport spots and, is well-connected to the city. Some hotels can be costlier than others. Check out the features and amenities of multiple hotels before booking one.

Are you staying in a city for a prolonged time? Choose to stay in apartments that are much cheaper than hotels. What’s more? Apartment rentals have nearly all the facilities and amenities of a hotel. It’s a great way to save money for other important aspects of the tour.

Most of these popular apartments are offered by Airbnb.

Nature’s getaway

A stay amidst natural beauty welcomes bliss and peace with rejuvenation and relaxation. A backdrop of the blue sea, vast landscapes, towering mountains and other natural beauty ensures an elevated mood. Resorts offer a laid-back ambience with a cosy atmosphere and the warmth to make for a tranquil experience. Most resorts will have a pool often facing nature’s marvel.

Adventure and wildlife travel

This will always be the most exciting holiday experience amidst wildlife with loads of adventure. This is where you look for budget-friendly options. A cabin accommodation packs all essential facilities where you can have the best of both the worlds. Cabins for a couple and also for a whole family are available across such destinations. You will have access to your own microwave, kitchen & dining area, washing machine and other items.

Enjoy privacy in the self-contained accommodation or enjoy a drink while relaxing on the deck. Cabins serve the purpose if you are planning to go hiking, canoeing and other self-exploration journey.

If staying overnight at allotted spaces across campsites is your cup of tea, check for a caravan. These recreational vehicles provide camping options with limited, but convenient facilities. They make for a cosy stay where you can move from one place to another without hassles.

The camping facilities will usually have a barbecue area, a dump station, golf courses, restrooms, picnic spots, swimming pool, bath houses and more.

Staying on the Highway Covering Long Drives

Hopping from one place to another is sure an adventurous undertaking, exposing you to unique cultures of the world. Very often, you need to halt and retire for a day. A short stay at bed & breakfast accommodation provides the much-needed comfort. A meal is provided in the night with breakfast in the morning before you continue your dream journey.

Airbnb again rules in this department too.

Motoring across the Countryside

Biking with a troop across the majestic countryside gives you a new lease of life and induces a profound transformation. The destinations are not your choice but mandatory ones where you drive for 8 to 9 hours.  A short stay probably for a night is what’s most required. Motels provide that comfort, running in blocks with the essential facilities. Parking facilities are provided outside just in front of your room. Tired of driving and want to take a break? Stop at the nearest motel and just check-in.

Life on the wild side

Rather should we say holiday on the wild side.Camping is the ideal way to stay in pre-determined camping areas. Offering a sustainable approach to travel, camps let you take a break from the adventures of the unknown and relax amidst nature.

Accommodation Based on Your Eating Habits

What are your food preferences? Are you game to experience the food of a new culture you are embarking on? Do you prefer dining out every time? Whatever your gastronomy options, the right accommodation makes every effort to meet your food expectations. If cooking easy and enjoying your meal fascinates you, then hostels will be the ideal choice.

You love sharing and enjoying homemade meals? Don’t look beyond a bed & breakfast accommodation. Travelling with food restrictions means apartment rentals with a fully equipped kitchen will do the job.Hotel accommodation is for those who dine out regularly, either at the hotel’s restaurant or one nearby.

Accommodation Based on Your Travel Companions

Who you travel with or without will have a major influence on where you choose to stay. Solo travelling, a trending travel option, calls for a stay at a hostel or a motel. You can also go for shared accommodation in a dorm. A family trip is enjoyed with privacy at apartment rentals. It’s also perfect for a large family planning to stay together.

A romantic outing on your mind? Head to an upscale hotel or a private apartment for maximum privacy.

Accommodation Based on Your Activities

Do you want to explore the outdoors? Camping or private cabins keep you close to the adventurous outdoors. It’s perfect where you can spend the majority of your time exploring the outdoor wonders. Check into a resort if relaxing by the pool and sunbathing is your choice. A business trip calls for hotel accommodation that has access to business facilities and convenient commuting options.

A Note on Airbnb

Bed and Breakfast, private rentals and homestays are fast becoming the preferred accommodation choices among millions of travellers. These vacation spaces keep a tab on the budget and pack all the essential facilities to ensure a home away from home experience.

Airbnb (short for is the global leader and an online marketplace to book budget-friendly accommodations that don’t compromise on comfort and quality. Travellers can book their choice of accommodation for domestic and international holidays.

Airbnb is a popular broker that receives a commission from every booking made. It does not own any of the accommodations. Guests can choose their dream accommodation across 100,000+ cities spread across 191 countries.

Airbnb leverages technology to make for an effortless holiday experience for its guests. Its unique model benefits the hosts, the travellers, its employees and all stakeholders. It’s the company’s innovative solution to enable homeowners across the world to monetize their unused spaces and explore the field of hospitality.

A Final Word

Travelling is an exciting undertaking, sometimes a daunting task, given the multitude of options and the destination chosen. Planning can often become an overwhelming process and, this calls for an organized approach while keeping the purpose of travel in mind.

A careful study of your preferences and with extensive researching, your travel experience should be a smooth and memorable affair worth cherishing.

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How can finance leaders regain a long-term planning focus amidst the Covid crisis?



The coronavirus crisis is highlighting one of the most fundamental tensions that business leaders face:Do they pursue purpose or profit.

Vicky Wordsworth carved a reputation as a financial management specialist within private-equity backed businesses, before becoming CFO of the 158-year-old family-owned group of communications specialists – Bailie Group. Here, she considers the need for finance leaders to look beyond the turbulence of the pandemic and plan for the future…

The role of a finance leader is multifaceted. At the core, is a need to protect the balance sheet. However, in supporting the strategic progress of a business, there is increasingly a need for the profession to manage uncertainty to mitigate risks and leverage opportunities too.

This was true long before the onset of Covid-19. A Gartner guide from 2019 for example, highlighted that finance leaders were spending 25-50% of their time navigating unfamiliar situations, even then. And many years earlier, a Wall Street Journal article from 2014 cited advice from Deloitte which encouraged senior finance executives to drive corporate-wide, critical decision-making, that balances strategy, risk and finance in uncertain times.

So, while the health crisis has been a colossal blow to not just the world of commerce, but humanity on the whole, from a finance perspective, we do know what to do.

The onset of short-termism

Another Gartner report, issued in the earlier wave of the pandemic, warned CFOs against short-term and unsustainable cost cutting measures, and understandably so – knee-jerk financial decisions can have devastating longer-term consequences in terms of everything from supply chain security to the retention of valued talent.

However, for many organisations – particularly those without the luxury of healthy cash reserves – it very quickly became about survival. So yes, finance leaders may have been forced to take some rapid actions they would have rather not, but in most cases the decisions will not have been made recklessly. They will still have been considered, albeit at pace.

This agility is an important trait for finance professionals – crisis or no crisis. As a private equity CFO – my former role – the fluidity of decision making reflected the speed with which stakeholders wanted to drive up the value of the business and realise an ROI as quickly as possible. Here aggressive targets may have been the pressure points – not a global pandemic – but the need to act fast and think about a comparatively more short-term outlook, was key.

Moving the dial

For businesses that are a going concern, the objectives are very different to those associated with the PE model. So, the challenge for CFOs in these environments, is to regain a longer-term outlook, ASAP.

Admittedly this isn’t easy amidst so much economic turbulence, and some companies, sadly, are having to manage cash on a daily basis just to ensure staff get paid. But we know that pure short-termism can jeopardise the future financial integrity of businesses, while stifling innovation in the process.

At Bailie Group, for example, the purpose of our organisation is to invest in ideas and people which make a positive difference, and properties that inspire. We therefore have some bold ambitions – not to mention a sharp monthly reporting rigour – and we’re continually growing, both organically and via acquisition. But we naturally have a longer horizon too, which cannot – and will not – fall by the wayside because of Covid. The board needs to support the company, the people within it, and society, far into the future.

Vicky Wordsworth

Vicky Wordsworth

Looking inwardly to develop long-term plans

To do this, last March was all about looking inwardly to check that we were OK. We temporarily paused a commercial property overhaul for example, and some due diligence work on an impending acquisition also took a momentary back seat while we ensured our ‘house was in order’. Thankfully, in our case, we have a robust management structure and strong cash reserves from previous years’ reinvestment, so our position was stable. But this evaluation exercise was important nonetheless as we certainly didn’t have ‘global pandemic’ on our risk register.

We formed a Covid-19 committee who met every day to make rapid decisions, under pressure, for the benefit of the business, our people, and clients. But we were quick to look outwardly again – after only 1-2 months – to begin focusing on the medium term.

The pace with which this shift can take place will naturally vary from one organisation to the next, and it would be wrong to suggest it’s easy. But the most important point to note is that the adjustment is almost always essential, as soon as practicably possible, and it’s never too late to turn the dial.

Nurturing a vision

Personally, 2020 was less about long-term planning for Bailie Group, as we were already in the final year of a three-year plan. We’re fortunate, in that respect, to have previously had that vision, not to mention an operating model which doesn’t bog decision makers down in tactical constraints.

But even without these fortunate elements, and however prolonged this period of difficulty may feel, finance executives and their senior management teams can still be visionary.

Presuming organisations have taken advantage of all funding currently available, and undertaken sensible cost reviews to remove unnecessary spend, the next key action is to devise a plan inclusive of clear milestones, roles and responsibilities, to bring it to life. Love or loathe the term ‘pivot’, it is evidence that lateral thinking can ignite previously untapped revenue streams, and some businesses may be yet to fully realise their potential here.

We’re about to currently formalise our new three-year plan – purely because we’re at that part in our strategic cycle, not because of Covid. And while our tactical goals for the next 12 months naturally reflect the current climate, our purpose remains true, and so our strategy is largely unchanged as a result. We’re going to push boundaries and drive more positive change in our communities, because that’s why we exist. We’re still looking out for additional acquisition opportunities, having completed on one in October 2020, and we have recently announced a substantial innovation fund to ignite the fire in the bellies of our progressive Group companies.

We’ve earmarked investment for wellbeing too, as the health of our people will prove crucial to our longer-term success, and training and development is currently in sharp focus. We’re keen to ensure our colleagues feel engaged, fulfilled and supported now, in readiness for us returning to some degree of BAU, in the future. In fact, this has been an essential part of our budget setting.

We also feel prepared, which is important. Nobody can say with any real certainty what the future holds for the economy. If confidence starts to build, particularly in H2, we will see GDP rise and market opportunities open up once again. We have to maintain that optimism, but we’re continually looking outwardly for cues that influence our ongoing decision making, and advice from peers who also want British business to succeed.

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Britain’s financial watchdog appoints five women to top roles



Britain's financial watchdog appoints five women to top roles 1

By Huw Jones

LONDON (Reuters) – Britain’s financial watchdog announced five new appointments on Thursday, creating an executive committee dominated by women as it pressures the firms it regulates to get serious about diversity.

The Financial Conduct Authority, under CEO Nikhil Rathi who took up the reins last October, said Stephanie Cohen will be its new chief operating officer, with Jessica Rusu becoming its first chief data, information and intelligence officer.

Sarah Pritchard has been appointed executive director for markets, while Emily Shepperd will take up a newly created role of executive director for authorisations, it said.

The overhaul also comes as the watchdog aims to show lawmakers it has learned lessons after a damning report that said its executive committee was responsible for not responding fast enough to problems at now defunct London Capital & Finance investment fund.

The FCA also appointed Clare Cole as director of market oversight, and she will lead the watchdog’s response to a forthcoming review of UK company listings rules.

The review is expected to recommend changes to attract more tech and fintech listings.

Rathi, a former finance ministry and London Stock Exchange official, began an internal shake-up last November with a merger of retail and wholesale supervision units to create a “holistic” view of activities.

There are now seven women and four men on the FCA’s executive committee.

Rathi had said previously that he would seek to increase diversity within the FCA’s own ranks, and last year he said he wanted firms that it regulates to deliver on diversity in a sector where women and BAME communities remain underrepresented.

The FCA said the new appointments were part of its transformation into a “data-led” regulator of more than 60,000 firms, and were aimed at speeding up decision-making.

Britain’s large financial sector is navigating Brexit, which left it largely adrift from the European Union with chunks of stock and swaps trading shifting to the bloc, but freeing up the FCA to write its own rules.

(Reporting by Huw Jones; editing by Tom Wilson and Hugh Lawson)

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Carbon offsets gird for lift-off as big money gets close to nature



Carbon offsets gird for lift-off as big money gets close to nature 2

By Susanna Twidale and Shadia Nasralla

LONDON (Reuters) – An expected dash by big corporations for offsets to meet their climate targets has prompted financial exchanges to launch carbon futures contracts to capitalise on what could be a multi-billion dollar market.

It’s a step change. Carbon offsets, generated by emissions reduction projects, such as tree planting or shifts to less polluting fuels, have struggled for years to gain credibility, but as climate action has become urgent, their market is expected to grow to as much as $50 billion by 2030.

Among the major corporations that say they expect to use them to compensate for any emissions they cannot cut from their operations and products are Unilever, EasyJet, Royal Dutch Shell and BP, which all have climate targets.

Singapore-based digital exchange AirCarbon told Reuters it planned to launch an offset futures contract by the second quarter.

“The entire concept behind carbon trading and offsets is to employ the profit motive in order to push decisions towards climate change mitigating activities. (We ensure) that you find the most efficiently priced offsets,” William Pazos, co-founder of AirCarbon, said.

The futures market would allow companies to buy a simple credit, effectively a promise to reduce a tonne of emissions but not specifying where that would take place, in contrast to the existing market that offers direct access to particular offset projects.

Advocates, such as AirCarbon, say the resulting liquidity and transparency are positive.

Critics, including some environmental groups and some project developers, say making the market bigger may just make it cheaper for emitters without providing any guarantee it will support the projects most effective in reducing emissions.

“There is a risk in a … switch from something which has a large proportion of over-the-counter buyers at least taking some interest in what they are buying and its quality to large wholesale transactions that aren’t so easily unpacked,” said Owen Hewlett, chief technical officer at Gold Standard, one of the biggest carbon offset registries.


Carbon offset credits are currently traded in small, bilateral and typically project-specific deals.

An emitter can buy a credit awarded to a forestry or clean cooking stove project for a tonne of carbon dioxide emissions the project has prevented.

The buyer uses these credits to offset past or future emissions and the credit is “retired”, or removed from the system.

The retail price of an offset can vary from 50 cents for a renewable energy project in Asia to $15 for a clean cook stoves project in Africa to $50 for a plastic recycling project in eastern Europe.

These voluntary deals are distinct from compliance cap-and-trade markets, such as the European Union’s Emissions Trading System, based on lawmakers setting a carbon budget and allocating a finite number of allowances, which can be traded by emitters or market players.

The underlying principle echoes the carbon offset market in that those that have emitted too much carbon can buy pollution permits from those with allowances to spare.

As demand to limit carbon emissions grows, carbon prices in the EU ETS have soared to a record high of over 40 euros a tonne this year.

In the off-exchange, bilateral market for carbon offsets, some say they are struggling to navigate the proliferation of standard setters, registries, verifiers and criteria.

“The market today is very small. It’s difficult to be confident that the product you are investing in is credible,” said Bill Winters, CEO of Standard Chartered bank and Chair of a private sector task force seeking to create a multi-billion dollar offset market in the coming months.


This year in theory should mark the coming of age of carbon markets as decades of U.N. talks on tackling climate change reach a decisive stage.

Delegates at the United Nations climate conference in November in Glasgow, Scotland, are expected to work on designing a market to channel money into offset and emissions removal projects to prevent global temperatures from rising more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) above the preindustrial average.

Some players, such as AirCarbon, are eager to launch their financial products sooner.

Global exchange CME, home of the main U.S. crude oil benchmark contract, will launch an offset futures contract in March.

“It is a brand new market for many players,” CME Chief Executive Peter Keavey told Reuters. “We can help provide standardised pricing benchmarks and improve price discovery in the voluntary offset market. That’s our goal.”

Ahead of the talks later this year on market design, both CME and AirCarbon plan to use standards set under the aviation CORSIA offset scheme, which many environmental campaigners have said are not rigorous enough as they allow the aviation sector to use most types of project to reach its emissions targets.

They say they fear a repeat of problems that beset the offset market of the Kyoto Protocol, the Clean Development Mechanism (CDM).

The market under Kyoto, a precursor of the Paris climate deal, was flooded with cheap credits from industrial gas projects, mainly from Asia. That led to price crashes and made it harder for other projects to attract funding.

“CORSIA allows a lot of project types and does not have particularly stringent criteria, such as forestry projects with permanence issues and old CDM (Kyoto) credits with little environmental benefit,” Gilles Dufrasne, policy officer at the non-governmental organisation Carbon Market Watch, said.

Asked about criticisms of CORSIA, the International Civil Aviation Organization (ICAO), which developed the scheme, said in an email CORSIA had been agreed by a consensus of member states and was “under constant review”.

Some project developers, brokers and environmental groups also question the wisdom of decoupling carbon units from their underlying project.

They say combining emissions-focused projects with those that might prioritise other issues, such as community engagement, education or biodiversity, could lead to a race to the bottom in terms of price.

This might make it harder for more capital intensive projects to attract buyers.

More broadly, green groups are concerned companies may place too much emphasis on offsets which, if priced too cheaply, could lead them to focus less on cutting their own emissions.

There are no rules on how many tonnes of carbon a company is allowed to offset a year.

Emitters, such as Royal Dutch Shell, BP and Unilever and project developers, say the first priority must be to reduce emissions.

“We have always acknowledged that offsetting can only be an interim solution while zero-emissions technology is developed,” EasyJet said in an email.

The private sector task force, chaired by Winters and promoted by former central banker Mark Carney, wants to encourage a range of participants, such as bankers and trading houses, as well as emitters to join the market to boost liquidity.

“Markets work best when they are efficient, and that efficiency comes from greater rather than smaller liquidity. So it’s important to have as many participants as possible, from all different types of background,” said Abyd Karmali, Managing Director, Climate Finance at Bank of America, who is also a member of the private sector task force.

Others question the role of speculative trading in a climate context.

“There might be a place for a bunch of traders flipping margins on some futures contracts, but at the end of the day I don’t see how the volume of trading going through (exchanges) has any positive impact on climate change,” said Wayne Sharpe, CEO and founder of ecommerce site Carbon TradeXchange.

(Reporting By Susanna Twidale and Shadia Nasralla; Editing by Katy Daigle, Veronica Brown and Barbara Lewis)

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