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<ul><li>Travel agency <keyword id="354768" type="COMPANY" weightage="20" keywordseo="Expedia">Expedia</keyword>’s annual <keyword id="7052591" type="UNKNOWN" weightage="20" keywordseo="Vacation-deprivation-report">Vacation Deprivation Report</keyword> 2018 has ranked India as the most vacation deprived country globally. The report has shown that over 75% Indians feel vacation deprived as work dominates. </li><li>Only 3% of Indians go on a vacation every month while over one-third of the population goes without a vacation for six months to a year. </li><li>Half the Indians strongly feel that taking a break is actually effective and should be considered seriously as it improves productivity and helps reduce stress. </li></ul>India has been ranked as the most vacation deprived country globally with 75% of Indians reporting they don’t travel enough up from 60% last year, according to a survey by Expedia, a US based travel agency. According to Expedia’s annual Vacation Deprivation Report 2018 as <a href="https://www.financialexpress.com/economy/indians-feel-most-vacation-deprived-in-the-world-shows-expedia-survey-here-is-the-reason/1388827/">reported</a> by Financial Express, nearly 41% of Indians wished to go on a vacation but haven’t been on a holiday in last six months due to <keyword id="431460" type="PERSON" weightage="20" keywordseo="workload">workload</keyword>. <a href="https://qz.com/india/1469891/expedia-says-work-is-making-indians-more-vacation-deprived/">Only 3%</a> took a vacation every month while over one-third said they go without a vacation for six months to a year. After India, South Korea and Hong Kong were the most vacation deprived at 72% and 69% respectively. The survey was conducted across 19 countries surveying over 11,000 employed adults above 18 years of age. It was conducted online from 19-28 September across Asia-Pacific, Europe, North America and South America. The survey showed that about 24% Indians can't afford a holiday while have many a preference for a longer holiday. The results reflect the prevailing perception for many Indians (18%) is that professionally successful people don’t take <keyword id="6420515" type="UNKNOWN" weightage="20" keywordseo="Vacations">vacations</keyword>, said the report citing Manmeet Ahluwalia, Marketing Head, Expedia. While 25% of employed adults feel they might miss out on an important work decision if they avail their full vacation. However, more than half the Indians strongly feel that taking a break is actually effective and should be considered seriously as it improves productivity and has health benefits. The survey also reported that Indian workers were bothered by their co-workers and other staff, and sidetracked by work obligations even while they were on vacation. In terms of occupations, workers in the food &amp; beverages, heath, and retail industries were found to be most vacation deprived while those employed in the real estate sector were least deprived, TOI <a href="https://timesofindia.indiatimes.com/india/indians-feel-most-vacation-deprived-in-world/articleshow/66733052.cms">reported</a>. SEE ALSO: <a href="https://www.businessinsider.in/more-indians-have-left-the-country-as-its-economy-has-grown-report/articleshow/66732249.cms">More Indians have left the country as its economy has grown: Report</a> <a href="https://www.businessinsider.in/fed-up-of-pollution-more-than-35-of-residents-in-indias-capital-say-they-want-to-move-out-permanently-survey/articleshow/66630699.cms">Fed up of pollution, more than 35% of residents in India’s capital say they want to move out permanently: Survey</a> <a href="https://www.businessinsider.in/miscellaneous/ranked-the-18-cheapest-beach-holiday-destinations-in-europe/slidelist/63758663.cms">RANKED: The 18 cheapest beach holiday destinations in Europe</a>

India ranked as the most vacation-deprived country in the world: Survey

It goes without saying that 2015 has been a pretty good year for the<a href="http://www.businessinsider.in/searchresult.cms?query=tourism"> tourism</a> industry. Infact, since the <a href="http://www.businessinsider.in/searchresult.cms?query=BJP">BJP </a>government has come to power in 2015, the tourism sector has risen to prominence with Prime Minister <a href="http://www.businessinsider.in/searchresult.cms?query=NARENDRA+MODI">Narendra Modi</a> himself praising the employment and the revenues generated as a result of this industry. 
 
Tourism on the other hand has been a key contributor to the Indian economy as well, and boasts of immense possibilities of growth. Though the government’s initiatives to ensure that domestic and international connectivity and accessibility through the e-visa scheme has borne positive results, there still exists a huge gap as far as travel facilities, infrastructure, high taxes, tourist safety among others. 
 
Thus, it’s no surprise that the travel industry has a lot of expectations from this Union <a href="http://www.businessinsider.in/searchresult.cms?query=BUDGET">Budget</a> 2016. 
 According to Anil Khandelwal, CFO, Cox and Kings, it’s time that the <keyword id="53865" type="UNKNOWN" weightage="80" keywordseo="tourism-industry">tourism industry</keyword> be treated at par with exporters based on its foreign exchange earnings. 
 “The industry earns foreign exchange and the retention of foreign exchange is much higher than any other export oriented industry. Like exporters, based on foreign exchange earnings, tour operators should also get exemption of service tax on package tours as the payment is received in foreign exchange. With the service tax added at present, <keyword id="3658" type="COUNTRY" weightage="80" keywordseo="India">India</keyword> packages lose on account of price competitiveness and cannot match the prices on holiday packages, which are on offer by our competitive countries like China, Thailand, Malaysia, Sri Lanka, Singapore Hong Kong etc,” he adds. 
 Manmeet Ahluwalia, Marketing Head for Expedia India further adds that he expects tourism industry to be a key agenda for the government in this <keyword id="6360189" type="COMPANY" weightage="80" keywordseo="Union-Budget">Union Budget</keyword>, similar to its share of importance displayed by the government in the past two years. 
 
On the other hand, Sharat Dhall, President of Yatra feels that leniency in tax structure is the need of the hour which will inturn help boost inbound tourism. 
 
It is because of travel and tourism being a very highly taxed industry in the country that India becomes an expensive destination, which is not good news for anyone. 
 
Echoing his demands, Khandelwal adds that tax is an important issue that needs to be dealt with in this year’s budget. 
 
“Indian tour operators have to pay double taxes for the arrangement for outbound tours, firstly in India and secondly outside India. To avoid the double taxation on the outbound tours, it is recommended that the service portion, which is rendered in India, should be taxed and rest should be out of the service tax,” he said. 
 
He is also of the belief that cruise tourism is one of the budding travel segments in the country that need to be strengthened. 
 
“In order to strengthen it further, robust cruise tourism policy framework is essential as India is entering into a market already dominated by strong cruise tourism players and markets,” he concluded. 
 
Image credits: Indiatimes

This
is what the travel sector expects from Budget 2016

<a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a> is one of the most important festivals celebrated in India. It is not only an official public holiday not only in India, but in many neighbouring countries like Mauritius, Malaysia, Nepal, Sri Lanka, Guyana, Trinidad &amp; Tobago, Myanmar, Surinam and Fiji. Expedia lists down <keyword id="24194" type="UNKNOWN" weightage="80" keywordseo="destinations">destinations</keyword> that will comfort your <keyword id="6354692" type="ORGANIZATION" weightage="80" keywordseo="Travel">travel</keyword> itch, without missing on the festivities. 
 
Destinations in India 
 
Jaipur: One must visit this place to experience the beauty and energy of the festival. The famous pink city welcomes the tourists with beautifully colored lit and decorated lights. The city is adorned with lamps and local musicians performing on the streets. The markets here sell over a thousand types of earthen lamps in many shapes, sizes and colors and the markets are flooded with traditional clothes and handicrafts. Each year, there's a competition for the best decorated and most brilliantly lit up market. Apart from a feast to the eyes, you can treat your palate to delicious sweets and food items. 
 
Varanasi: The Ghats of Ganga are lit up with thousands of diyas, giving it a mesmerizing view. The light of the countless floating candles and lamps illuminates the holy river beautifully. Tourists enjoy the Special Ganga Aarti on the irradiated Ghats making it a different experience altogether. 
 
Goa: <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a> in Goa is also known as Narak Chaturdasi and the town celebrates the destruction of demon Narakasura by Lord Krishna. The houses are decorated with kandeels (lanterns). Competitions are held to see who can make the biggest and scariest effigy of the demon. The effigies burned at dawn on Narakasura Chaturdashi, the day before the main day of <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a>. Also popular for its casinos, the place attracts a lot of tourists as gambling is also a popular activity during <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a>. 
 
Amritsar: The Golden Temple is draped with brightly lit lights on the <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a> evening making it an extravagant spectacle for the onlookers. The edge of the lake is fringed with countless oil lamps and candles lit by devotees. The reflection of the diyas on the water creates a truly magical environment. It is quite a sight to behold. 
 
Foreign destinations 
 
London: The <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali Festival</a> in London is organised by the Mayor of London in cooperation with the <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a> in London Committee. This year's event will be hosted alongside the National Army Museum to commemorate the role India played in World War I and will pay tribute to the soldiers of the British Empire and Commonwealth. Starting with children parade, the show is followed by number of other dance sequences, including Indian folk dances. 
 
Singapore: Singapore is the one of the destination chosen by Indians to celebrate <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a>. The massive decorations which starts from the streets and extends to the colonies and homes especially in Serangoon Road which is also called little India of Singapore. Special festival events like the Festival Village, the Fire-Walking Festival and the UTSAV Street Parade have been planned by the Singaporean authorities. 
 
Malaysia- Just like India, <a href="http://www.businessinsider.in/searchresult.cms?query=%E2%80%8BDiwali">Diwali</a> is an official holiday in Malaysia and people gather around to celebrate it together. Decorations such as colourful paper lanterns and kolam (rangoli) are put up to decorate homes. Known as Little India in Kuala Lumpur, places like Brickfields, Jalan Tuanku Abdul Rahman, Masjid Jamek, and Monorail are a few places to enjoy the festival. 
 
Nepal: Also known as Tihar, <keyword id="188" type="ENTERTAINMENT" weightage="80" keywordseo="Diwali">Diwali</keyword> is a five-day Nepalese festival, each dedicated to a different God. The traditions vary from those followed in India. It is all about worshiping of different animals and worshiping of the Hindu Goddess of Fortune or Wealth. The last day of the festival is known as Tika day or popularly known as Bhai Tika day. It is also one of the biggest shopping seasons in Nepal. 
 
(The article has been authored by Mr. Manmeet Ahluwalia, Marketing Head, Expedia India)

Places to explore during Diwali

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Expedia, the online <keyword id="6354692" type="ORGANIZATION" weightage="60" keywordseo="Travel">travel</keyword> company, has compiled data on the key lessons marketers can learn about <a href="http://futurefoundation.net/expedia/">how millennials travel</a>.It compared millennials (defined as people born between 1982 and 1999) to generation x&#xa0;(1961-1981) and baby-boomers (1945-1960.)Some of the findings do not reflect very well on youthful travelers.Millennial backpackers are getting less adventurous and more vain.Almost half (43%) of millennials said that whether people comment on their vacation&#xa0;photos is as important or more important than experiencing the authentic culture of the destination. This compares with just 16% of baby-boomers.<div class="KonaFilter image-container display-table float_left"><div><div class="image on-image"></div></div></div>While 43% of millennials are intimidated by the prospect of solo travel, just 32% of baby-boomers say they feel the same.Expedia compiled the report with the help of the <a href="http://futurefoundation.net/expedia/">Future Foundation</a> - a global consumer trends and forecasting consultancy. A sample of 1,000 consumers per country aged between 18 - 64 in the UK, Germany, France, USA, China, Australia, Brazil and South Korea answered the questionnaire in March of this year.We spoke to Gary Morrison, senior vice president and head of retail at Expedia, who explained what the results of the report mean for marketers trying to reach millennials.<h2>Millennials are afraid to take risks:</h2><div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div>Solo-travel has forever been the ultimate travel experience. Without friends, partners, or family to hold you back, you are able to more fully-immerse yourself in a foreign culture. But we're doing it a lot less, according to Expedia's research. Does this mean we are getting less adventurous?Morrison explained: "I think it's not that we're getting less adventurous but a sense of risk aversion is growing. The sense that 'I need to know that it's going to be authentic, I need to know that people are going to look favorably on it.'"He added: "A lot of people enjoy travel as an experience of discovery. It's really the not knowing, the exploration, the finding on the fly [that for them makes traveling enjoyable,] but this particular cohort [millennials] seem to be different. It seems to be wanting to be as informed as possible before they go the destination."Morrison said that this is why Expedia is investing in virtual reality (VR.) In this way, consumers are able to experience the destination before they travel and they can make the ultimate informed decision. Here's one way Expedia is using VR:<div></div>The&#xa0;Expedia VP dismissed the idea that VR may one day replace travel altogether: "People will always want to have the experience. The sensation of warm sun on my flesh cannot be replicated by virtual reality."<h2>Millennials are much happier to give away data in return for convenience:</h2><div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div>Morrison explained that millennials look for help in overcoming "choice paralysis" when looking at where to go on vacation. This means they are willing to give up personal data in return for "relevant" and "accurate" advice.Carmen, a millennial respondent to the Expedia study from the UK, said: "I am interested in personalized travel ... however what they are offering needs to be so unique and not doable from my own research into the country..."<h2>Many Millennials are more interested in curating a positive online image than in having an "authentic" experience:</h2><div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div>Social media is obviously very important to millennials, so much so that it is greatly influencing are vacation&#xa0;choices.Morrison talked about the importance of being a part of every conversation online."We are starting to invest in content creation, getting travel journalists to write informative, authoritative, fresh, relevant articles from different locations around the world. The more we are able to do that, the more they trust the content," Morrison said.<div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div>Out of the findings in the report Morrison was most surprised by was "the degree to which my choice of where I want to go and what I want to do is informed by how other people will rate it."But he said travel companies are adapting as millennials become more fearful of the unknown, and more concerned with their online image. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/maryum-ali-muhammad-60-days-in-jail-incarcerated-undercover-2016-3">Muhammad Ali's daughter went undercover as an inmate in an Indiana jail - this was her scariest moment </a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="hvYmNiMjE6qOeyX9WUTwFy3OV3T0ERvS" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Millennials are changing the future of travel - here's how travel companies are adapting

New Delhi, Feb 16 () After the Rahul Gandhi ordinance-trashing episode of 2013, the then prime minister Manmohan Singh asked Montek Singh Ahluwalia whether he thought he should resign, the former deputy chairman of the now-defunct Planning Commission says.Ahluwalia says he told Singh, who was then on a visit to the US, that he did not think a resignation on this issue was appropriate.In a major embarrassment to his own government, Rahul had denounced the controversial ordinance brought by the UPA dispensation to negate a Supreme Court verdict on convicted lawmakers. He had termed it as "complete nonsense" that should be "torn up and thrown away".Singh, while returning home from the US, had ruled out his resignation though he appeared piqued over the entire episode."I was part of the PM's delegation in New York and my brother Sanjeev, who had retired from the IAS, telephoned to say he had written a piece that was very critical of the PM. He had emailed it to me and said he hoped I didn't find it embarrassing," recalls Ahluwalia.The article was widely reported in the media with reference to the author being Ahluwalia's brother."The first thing I did was to take the text across to the PM's suite because I wanted him to hear about it first from me. He read it in silence and, at first, made no comment. Then, he suddenly asked me whether I thought he should resign," Ahluwalia writes in his new book "Backstage: The Story behind India's High Growth Years"."I thought about it for a while and said I did not think a resignation on this issue was appropriate. I wondered then whether I was simply saying what I thought he would like to hear but on reflection I am convinced I gave him honest advice," he reasons.The incident was still a hot subject of discussion when Singh returned to New Delhi."Most of my friends agreed with Sanjeev. They felt the PM had for too long accepted the constraints under which he had to operate and this had tarnished his reputation. The rubbishing of the ordinance was seen as demeaning the office of the PM and justified resigning on principle. I did not agree," Ahluwalia writes.He argues that the incident highlighted an important fault line in the UPA."The Congress saw Rahul as the natural leader of the party and wanted him to take a larger role. In this situation, as soon as Rahul expressed his opposition to the ordinance, senior Congress politicians, who had earlier supported the proposed ordinance in the Cabinet and even defended it publicly, promptly changed their position," he says.Ahluwalia, who served as one of India's senior economic policymakers for three decades, calls his book, published by Rupa, a travelogue of India's journey of economic reforms "in which I had the privilege of being an insider for 30 long years".Ahluwalia, who played a key role in the transformation of India from a state-run to a market-based economy, presents the story behind the country's economic growth in the first half of the UPA's tenure as well as its achievements in poverty alleviation.He also discusses the successes and failures of the UPA regime during which period he served as deputy chairman of the Planning Commission, a Cabinet-level position. He mentions about the policy paralysis and allegations of corruption that came to mark the last few years of UPA 2. ZMN RDSRDS

Should I quit: Manmohan asked me after Rahul ordinance episode, says Montek

<ul><li>A recent study by Amazon shows that revenue from analytics in India has touched $102.1 million in 2018. </li><li>Data analytics in India is in high demand and offers great salaries too. </li><li>Today, India has become a data outsourcing hub, creating more opportunities in the field. </li></ul>With India’s turn to be a digitally forward country, data analytics has seen a great push in the country. From startups to corporates, India inc appears to making a big push into the technology, with many vacancies. A recent study by Amazon shows that revenue from analytics in India has touched $102.1 million in 2018 and is projected to be $151.5 million in 2019 and $224.6 million in 2020. Meanwhile, a <a href="https://www.businesstoday.in/current/corporate/tech-startups-to-hire-over-40000-people-next-year-zomato-oyo-swiggy-chalk-out-plans/story/304338.html">report </a>done by Analytics Vidhya and ed-tech platform Great Learnings shows that India currently has 50,000 vacancies in data and analytics and will add 39,000 analytics jobs by 2020. With an upward projected graph, it is not surprising that the industry is also welcoming many job seekers. A career in analytics is at its prime now and has also seen many millennials hop on the bandwagon. There is humongous digital data getting generated in India with 1.3 billion Indians being on Aadhar database and connected across their bank accounts, taxation records, medical records, communication channels like Whatsapp, believes Siddhartha Ahluwalia, co-founder, Sheroes, a job recruitment platform for women. “As a country we are just getting started on mining data to get intelligent insights. Today every company whether digital or offline is marketing to customer online. Therefore every business needs data insights,” said Ahluwalia. From SMEs to major corporates, every company in the country is shifting towards a consumer-driven approach and is tracking its consumers to know what they want. “To build these solutions IT firms need not only software <keyword id="54038" type="DOMAIN" weightage="20" keywordseo="engineers">engineers</keyword> but also data science experts. Earlier India used to be Global Software Outsourcing hub. Today India has also become Data outsourcing hub with companies like WNS, MuSigma focussing only data science outsourcing solutions,” said Ahluwalia. Jobs galore, but not many takers Job profiles range from ‘data scientist,’ which involve a lot of number crunching, to others that don’t necessarily need your love for numbers, and focus on analysis including roles like quantitative analyst/modeller, business analyst (data) or business analyst (manager/consultant). “Business analysts' profiles are gaining popularity in India and worldwide and the scope is also expanding due to exponential increase of volume, velocity and variety of data. Top tier companies like <keyword id="10875" type="COMPANY" weightage="20" keywordseo="IBM">IBM</keyword>, TCS, <keyword id="10862" type="DOMAIN" weightage="20" keywordseo="Wipro">WIPRO</keyword>, <keyword id="6354512" type="DOMAIN" weightage="20" keywordseo="Infosys">Infosys</keyword>, and many others are using business analytics tools to generate intelligent business solutions for making a larger profit,” said Dr. Neena Nanda, Head of Department ( Decision Sciences), ITM Business School, Navi Mumbai. With<a href="https://economictimes.indiatimes.com/jobs/government-private-partnership-can-provide-high-paying-jobs-for-indians/articleshow/67633607.cms"> high</a> remuneration being offered for these jobs, millennials too are signing up. “Starting from a minimum salary of around seven lakh rupees per annum a good BA professional moves up rapidly and reaches a level of BA manager in a short span of 3-5 years drawing salaries in the range of 50 lakhs per annum. Mostly the jobs involve working with people of high calibre and IQ which makes it more challenging and interesting,” said Dr Nanda. However, India still sees a scarcity in the number of data scientists emerging from the country. India <a href="https://www.businessinsider.in/big-data-and-analytics-may-be-the-hottest-sector-but-india-has-a-serious-dearth-of-data-scientists/articleshow/66860305.cms">reportedly</a> has less than 10% of data scientists available globally, according to the professional network LinkedIn. While the US has over 40% skilled professionals in the <keyword id="774829" type="ORGANIZATION" weightage="20" keywordseo="Big-Data">big data</keyword> and analytics domain. See Also: <a href="https://www.businessinsider.in/india-1-4-million-new-it-jobs-by-2027-but-indian-engineering-students-not-job-ready/articleshow/66651916.cms">India may have 1.4 million new IT jobs by 2027 but there’s a shortage of IT professionals to fill those roles</a> <a href="https://www.businessinsider.in/big-data-and-analytics-may-be-the-hottest-sector-but-india-has-a-serious-dearth-of-data-scientists/articleshow/66860305.cms">Big data and analytics may be the hottest sector, but India has a serious dearth of data scientists</a> <a href="https://www.businessinsider.in/mumbai-pays-highest-to-analytics-and-big-data-professionals-report/articleshow/52126986.cms">Mumbai pays highest to Analytics and Big Data Professionals: Report</a>

Here’s why it might be the best time to opt for a career in data analytics

<ul><li><keyword id="28120" type="CITY" weightage="20" keywordseo="Linkedin">LinkedIn</keyword> has 47 million in India alone.</li><li>People would rather work for <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> than it's international competitor <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword>. </li><li>At number 13, <keyword id="354768" type="COMPANY" weightage="20" keywordseo="Expedia">Expedia</keyword> is 5 notches above India's travel giant <keyword id="54613" type="COMPANY" weightage="20" keywordseo="makemytrip">MakeMyTrip</keyword>. </li></ul>An unusual trend amongst job aspirants in India has been unearthed - they would rather work for homegrown companies like <keyword id="1076906" type="ORGANIZATION" weightage="20" keywordseo="Directi">Directi</keyword> and Flipkart than international giants like Amazon and Alphabet. This is as per <a href="https://www.linkedin.com/pulse/linkedin-top-companies-2018-where-india-wants-work-now-abhigyan-chand/">LinkedIn’s annual list of top companies ‘Where India Wants to Work’</a>. The report is generated based entirely on the actions taken by its users, which is a whopping 546 million professionals worldwide. Of these, over 47 million are in India alone. The list is based on four metrics – job demand, engagement with the company, interest in the company’s employees and employee retention. LinkedIn (and Microsoft, it’s parent company) is not a part of this list. Directi: Top of the charts Directi wasn’t even on the list last year, but has managed to top it this year. It has over 1500 employees worldwide and its portfolio companies include – Radix, Ringo, Flock, Zeta and Codechef. If you get past their interviews, you will get a Kindle as part of the welcome kit, although scoring a job here isn’t easy. Flipkart &gt; Amazon It’s strange but it’s true. People would rather work for Flipkart than it's international competitor Amazon. Flipkart came in at number two whereas Amazon came fourth on the list. Will that affect the great Indian e-commerce battle? Expedia trumps MakeMyTrip Not all Indian companies are preferred over their international counterparts. At number 13, Expedia is 5 notches above India's travel giant MakeMyTrip. Though MakeMyTrip is India’s largest online travel agency with a 75% market share, aspirants would rather work for its international competitor, Expedia, says the report. Perhaps Expedia's scrapping of the performance ratings to focus on providing employees with ongoing feedback has something to do with it. Either way, MakeMyTrip still has a 3.8 rating <a href="https://www.glassdoor.co.in/Overview/Working-at-MakeMyTrip-EI_IE354629.11,21.htm">on Glassdoor</a>, so it’s probably not a bad place to work. <keyword id="6354720" type="PERSON" weightage="20" keywordseo="Ola">Ola</keyword> is at number 16 and Uber is at... well, erm, not even on the list. Ola raised $1.1 billion funding from Tencent and SoftBank that gave it the artillery to combat arch-rival Uber. It also made its move abroad with the launch of its first offshore fleet in Sydney, Australia earlier this month. However, Ola has dropped 11 slots since last year when it was rated 5th in the 2017 version of this report. Speaking of <a href="https://www.linkedin.com/pulse/linkedin-top-companies-2017-where-india-wants-work-now-adith-charlie/">last year</a>, Flipkart was at the top, but has fallen to two; <keyword id="6358977" type="PERSON" weightage="20" keywordseo="Swiggy">Swiggy</keyword>, HCL Technologies, Capgemini, Accenture, Tech Mahindra, Cisco, IDFC Bank, Wipro, Tata Communications, Vodafone, Cognizant, Grofers and Oracle were all in the list last year but not this year; and new entrants include Directi, Anheuser-Busch InBev (the company owns beer brands like Stella Artois, Budweiser and more), EY and Daimler AG.

Indian job seekers prefer homegrown companies to international ones: LinkedIn

<ul><li><a href="https://markets.businessinsider.com/stocks/expe-stock">Expedia</a> stock soared as much as 7.6% early Tuesday after the company announced the resignations of CEO Mark Okerstrom and CFO Alan Pickerill.</li><li>The ouster was driven by a disconnect between Expedia's board and senior management, chairman Barry Diller said in a statement, citing an "ambitious" restructuring plan that yielded "lackluster near-term outlook."</li><li>Expedia also announced a 20 million-share buyback program, with Diller noting he would personally purchase more shares as a "tangible sign of my faith" in the company.</li><li><a href="https://markets.businessinsider.com/stocks/expe-stock">Watch Expedia trade live here</a>.</li></ul><a href="https://markets.businessinsider.com/stocks/expe-stock">Expedia</a> stock jumped as much as 7.6% in early Tuesday trading after the travel company announced the resignations of its CEO and chief financial officer.CEO Mark Okerstrom and Chief Financial Officer Alan Pickerill left the company as part of a leadership shakeup, the company said Wednesday. Both took their lead roles in 2017, with Okerstrom replacing current Uber CEO Dara Khosrowshahi. The move was motivated by a disconnect between the company's board and senior management around Expedia's reorganization plan, chairman Barry Diller said in a statement. The "ambitious" plan yielded "lackluster near-term outlook" and a "material loss of focus on our current operations," Diller added."The Board disagreed with that outlook, as well as the departing leadership's vision for growth, strongly believing the Company can accelerate growth in 2020," Diller said. "That divergence necessitated a change in management."Diller and Vice Chairman Peter Kern will oversee the company's leadership as it looks for replacements, according to the statement. Chief Strategy Officer Eric Hart will serve as acting CFO.Expedia also announced a 20 million-share buyback program, supplementing the 9 million shares already slated for repurchase. The chairman added that he'd purchase additional shares as "a tangible sign of my faith in and commitment to" the company's future.Expedia's share price tanked as much as 28% on November 7 after the company reported disappointing third-quarter earnings. Expedia signaled that decreased exposure in Google search results would serve as a significant obstacle in future quarters.Expedia stock opened Wednesday at $99 per share, down about 12% year-to-date.The company has 17 "buy" ratings, 16 "hold" ratings, and no "sell" ratings from analysts, and a consensus price target of $131.61, according to Bloomberg data.Now read more markets coverage from Markets Insider and Business Insider:<a href="https://markets.businessinsider.com/news/stocks/small-business-index-most-optimistic-record-us-chamber-of-commerce-2019-12-1028736817">New study shows small businesses are the most optimistic on record, even as trade-war and recession fears swirl</a><a href="https://markets.businessinsider.com/news/stocks/chicago-real-estate-market-worse-hong-kong-prices-decline-data-2019-12-1028734933">The Chicago real estate market is even worse than Hong Kong's, new data shows</a><a href="https://www.businessinsider.com/financial-planning-for-families-10-questions-protect-wealth-john-parise-2019-12">A leading money manager explains how 70% of a family's wealth is burned by the 3rd generation - and shares the 10 questions you should ask yourself to avoid that fate</a>

Expedia surges after announcing its CEO and CFO's immediate resignations

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Online travel services company Expedia is buying competitor Orbitz.Expedia will pay $12 per share for Orbitz.Orbitz closed at $9.62 on Wednesday, and shares are surging 24% in premarket trading."We are attracted to the Orbitz Worldwide business because of its strong brands and impressive team," Expedia CEO Dara Khosrowshahi said. "This acquisition will allow us to deliver best-in-class experiences to an even wider set of travelers all over the world."Expedia is the parent of a big portfolio of brands including Hotels.com, Hotwire.com, Travelocity.com, and CarRentals.com."Our mission at Orbitz Worldwide has been to build our brands to be the world's most rewarding places to plan and purchase travel," Orbitz CEO Barney Harford said. "We're excited for Orbitz Worldwide to join the Expedia, Inc. family and for our teams to work together to further enhance the offerings we provide to our customers and partners."As of Wednesday, Expedia had a market cap of $9.9 billion. Orbitz Worldwide was worth just over $1 billion. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/nationwide-insurance-industry-loss-ratio-2015-2">Nationwide's Super Bowl commercial about dead children is about corporate profits ... in a way that we can all appreciate</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="9rbTk0czrPq8J40cVbMQn_BvP7NgiiIY" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Expedia is buying Orbitz

<div class="KonaFilter image-container display-table"><div><div class="image on-image">ShutterstockExpedia's 2018 Airplane and Hotel Etiquette Survey indicated that travelers like to be left alone.</div></div></div><ul><li><a href="http://www.businessinsider.com/category/expedia">Expedia</a> released the results of its <a href="https://newsroom.expedia.com/2018-04-30-Expedias-Airplane-Hotel-Etiquette-Study-Reveals-the-Latest-in-Travel-Annoyances">2018 Airplane and Hotel Etiquette Survey</a> on Monday, which revealed some of the most annoying behaviors on airplanes.</li><li>Respondents said they were bothered by smells, noise, contact, and unwanted conversation, indicating that what travelers want is personal space.</li><li>From pet peeves cited by 18,229 respondents, <a href="http://markets.businessinsider.com/stocks/expe-stock">Expedia</a> came up with the five most annoying types of airline passengers.</li></ul> As airlines increase the number of seats on their planes and maker them smaller, the potential for passengers to feel like their personal space is being invaded has increased. Flying is stressful to begin with, and after dealing with long security lines, expensive food, or a crowded seating area, passengers can be put on edge and become more likely to display or notice inconsiderate behavior. Expedia released the results of its <a href="https://newsroom.expedia.com/2018-04-30-Expedias-Airplane-Hotel-Etiquette-Study-Reveals-the-Latest-in-Travel-Annoyances">2018 Airplane and Hotel Etiquette Survey</a> on Monday, which revealed some of the behaviors that bother air travelers most. "Whether you've been on one vacation or 100, you've likely experienced some form of annoying behavior while traveling," Expedia global head of communications Nisreene Atassi said in a press release. "At Expedia, we want to ensure that every leg of a traveler's journey is enjoyable. Our goal with this study is to better understand travelers' biggest pet peeves and offer tips to help them maximize comfort and minimize annoyances."The survey collected responses from 18,229 people across 23 countries. While the responses pointed to a wide range of irritating behaviors, a common theme seemed to be a preference for minimal interaction with other passengers. Respondents said they were annoyed by smells, noise, contact, and unwanted conversation, indicating that what travelers want most is personal space.From there, Expedia came up with the five most annoying types of airline passengers. Here are the top five, along with the percentage of respondents who cited them.

Passengers reveal the most annoying things people commonly do on planes

Flyers rejoice! 
Plane tickets are going to be cheaper in 2015 according to a recent report published by Expedia and Airline Research Corporation (ARC).&#xa0;
"Though a number of industry reports suggest that air ticket prices will remain stagnant or rise slightly, a thorough&#xa0;analysis of data has led Expedia experts to believe that prices in many of the most popular destinations actually will decline&#xa0;slightly," Expedia wrote.
Although this is not the case across the board - Asia is getting more expensive - the trend in North America seems to be headed towards lower prices.
Expedia attributes the dip in prices to increased flights and supply (capacity) at most of North America's major destinations. Even with fuel prices and unemployment falling, Expedia anticipates that the increase in capacity will outstrip increases in flyers.
Overall, the travel website expects the total number of flights originating from North America to increase by 5% in 2015.
Two cities that will see the biggest increase the number of available seats over the first four months of 2015 will be Dallas and Seattle, with a 14% and 13.8% increase in capacity respectively. Expedia predicts an 11.2% fall in average tickets prices (ATP) for flights out of Dallas, while flyers out Seattle will likely see a 2.1% fall in ticket prices.&#xa0;
The jump in available flights out of Dallas is a result of the repeal of the <a href="http://en.wikipedia.org/wiki/Wright_Amendment" target="_blank">Wright Amendment</a> which limited number of flight allowed in and out of Dallas Love Field, the city's secondary airport. The repeal of the amendment will allow Southwest and Virgin America to significantly bolster it's flight schedule from the airport, with a slew of new routes.&#xa0;
The flood of available flights out of Seattle can be attributed Delta's increased presence at SeaTac. The airline is determined to turn the airport into its gateway to the Pacific Rim. Since the airline and its Skyteam partners do not have a Japanese partner, Delta has to find a jumping off point in North America for its trans-Pacific flights.
The Airline believes Seattle is that place and is expected to increase its presence to the tune of 18% of all seats out of the airport.
Major cities like New York, Los Angeles, and Chicago will see less of a price shift. Flights out of New York and Chicago will see prices fall by 1.7 and 1.9% respectively. However, flights out of LA will see prices jump 1.3%.
Here's the complete chart from Expedia and ARC:

It's Going To Be Cheaper To Fly In America In 2015

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">iStockThe FASB wants to more clearly delineate between a "business" and an "asset."</div></div></div><keyword id="53346" type="POSITION" weightage="100" keywordseo="CFO">CFO</keyword> Insider is a daily newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts.<a href="http://ww2.cfo.com/ma/2015/12/clearer-definition-business-called-boon-cfos/">Clearer definition of a business called boon for CFOs</a> (CFO.com)The Financial Accounting Standards Board has called for a more clearly defined definition of the term "business."The FASB hopes to make it easier for companies to perform M&amp;A accounting by providing them with a clear difference between what makes up a business versus an asset. "Many stakeholders have said that the current definition of a business is applied too broadly, requiring many transactions to be treated as businesses when they should be treated as assets," CFO.com says.A news release from the FASB on November 23 says critics "noted that analyzing such transactions is costly and complex."A clearer definition "would make it easier for CFOs to report that their companies are acquiring an asset rather than a business," CFO.com says. Even a simple change to the definition "could be a big boon for their companies in terms of saved time and expense."The proposed definition update is open for public comment until January 22.<a href="http://www.businessinsider.com/activist-investors-forcing-companies-to-rethink-how-they-deal-with-investor-relations-2015-12">Activist investors are forcing companies to rethink how they deal with investor relations</a> (Nasdaq)There is a growing disconnect between some management teams and their investors. That disconnect is forcing investor relations teams to shift into a strategy-based role. "With growing business and market complexity, the role of investor relations has evolved to become more strategic," says Deirdre Dastous, vice president and head of global intelligence at Nasdaq."Due to fundamental changes in the brokerage industry and sell-side, many companies - especially smaller and medium-sized businesses - are struggling to attract or maintain analyst coverage," Dastous warns. <a href="http://www.businessinsider.com/expedias-cfo-says-its-ready-to-go-after-airbnbs-customers-2015-12">Expedia's CFO says it's ready to go after Airbnb's customers</a> (Skift)Expedia CFO Mark Okerstrom says his company is closely watching Airbnb and realizes that the company, currently based on a sharing-economy model, could enter into the hotel-booking business in the next few years. Skift reports that during a talk at the Credit Suisse Technology, Media, and Telecom Conference in Phoenix on December 1, Okerstrom said, "Airbnb will face tough competition from established players such as Expedia and Booking.com.""I think also to the extent that, that Airbnb type inventory becomes a true substitute for the mainstream lodging product, I think, for us the HomeAway acquisition provides not only a perfect hedge, but a perfect opportunity to actually go after that new market," Okerstrom adds. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/extreme-ownership-navy-seals-leadership-excellence-2015-11">Navy SEALs give us the key to leadership excellence</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="VkdmdveDp6rc5Yo5i8Xe67BHFvDeZRtT" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Changing the definition of a 'business' could save companies money during M&As

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><a href="https://www.youtube.com/watch?v=YRmLcUIqCHI">YouTube/trivago</a>Trivago had initially told bankers it was interested in raising as much as $1 billion, one person said.</div></div></div>Trivago, the online hotel reservation company backed by Expedia, is expected to list its shares in New York by the end of November, according to people familiar with the matter.Expedia, which owns a majority stake in Trivago, has hired JPMorgan, Goldman Sachs, and Morgan Stanley to run the flotation, which will take place on the Nasdaq. Analysts <a href="https://www.thestreet.com/story/13658313/1/expedia-books-trivago-s-ipo.html">have valued the business at $5 billion</a>.The deal size wasn't immediately clear, but one person said that Trivago had initially told bankers it was interested in raising as much as $1 billion. That would make it the largest tech IPO in the US this year, and - to this person - is a stretch. Expedia said in July that it would explore an IPO of Trivago, with an aim to list the shares by the end of the year. "An IPO would allow investors to value Trivago as a separate standalone company," Expedia's CEO Dara Khosrowshahi said at the time. "Expedia does not plan to sell any of our shares in an IPO, and there are no guarantees that an IPO will ultimately be pursued or be successful."Expedia said in July that Trivago had generated $200 million in revenue in the second quarter, and more than $660 million on a trailing 12-month basis. That means it was able to file its S-1 document under the Jumpstart our Business Startups (or JOBS) Act, which allows small companies with less than $1 billion in annual revenue to file for IPOs privately with the SEC.Once the offering document is public, the company has to wait three weeks before the share sale can proceed. Trivago could make its filing public as soon as next week in order to list by Thanksgiving. An IPO in late November would be dependent on investor appetite for new shares following the US presidential election. The flotation could be derailed by a volatile market.The listing would mark another step toward the tech IPO market's comeback. Deal activity all but stopped last year as investor sentiment soured, and has been slow to pick up in 2016. The largest tech IPO to date was by Japanese messaging app Line, which listed in Tokyo and New York in July and raised $1.24 billion, about two-thirds of which was in the US.Expedia declined to comment. <a href="http://www.reuters.com/article/us-expedia-trivago-ipo-idUSKCN11L2EB">Reuters previously reported</a> that the company has hired banks for the deal. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/ken-rogoff-harvard-economist-explains-advocating-eliminate-100-bill-2016-10">Ken Rogoff explains why he's been advocating to eliminate the $100 bill</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="1xamphNjE6j9cijVVdXjJy0AC1Y81I8o" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

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