Article - PwC Report - Hotel Industry Digital Transformation - The Current State of Play - The right combination of technology investments can improve guest experience, boost profitability and equip the industry for growth
PwC s electric vehicle sales review recently revealed that EV sales in the UK represent 54 per cent of the entire market share, with hybrid models being the most popular choice by drivers in the UK.
India s entertainment and media sector is expected to grow by a compound annual growth rate (CAGR) of 9.7% to reach $73.6 billion by 2027, according to PwC s Global Entertainment & Media Outlook 2023-2027 report. Key growth drivers include over-the-top (OTT) platforms, the gaming sector and internet and out-of-home advertising. The pandemic effect waned for sectors such as podcasts, which dropped an estimated 80% in revenue during 2022, along with sluggish growth in 2022 for internet advertising, the report stated.
The report also highlights that UPI accounted for approximately 75 per cent of the total transaction volume in the retail segment during 2022-23, , United Payment Interface (UPI), digital payments, payments, pwc report, credit cards
E-retail giant Amazon is facing 18 shareholder proposals, beating its 2022 record of 15 proposals, as environmental, social and governance (ESG)-focused investors push for more changes in the company, according to Amazons’ proxy statement released on Thursday. The proposals cover a variety of topics including a request to change Amazon’s executive compensation package, an audit to ensure that Amazon’s technologies are not used for human rights violations and additional reporting of Amazon’s animal welfare standards.