{"id":583262,"date":"2023-02-15T00:00:00","date_gmt":"2023-02-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/cant-feel-the-cost-of-inflation-if-youre-on-the-beach-tottenham-takeover-bid-columbia-business-school-tops-mba-ranking\/"},"modified":"2023-02-15T00:00:00","modified_gmt":"2023-02-15T00:00:00","slug":"cant-feel-the-cost-of-inflation-if-youre-on-the-beach-tottenham-takeover-bid-columbia-business-school-tops-mba-ranking","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/cant-feel-the-cost-of-inflation-if-youre-on-the-beach-tottenham-takeover-bid-columbia-business-school-tops-mba-ranking\/","title":{"rendered":"Can\u2019t feel the cost of inflation if you\u2019re on the beach + Tottenham takeover bid + Columbia Business School tops MBA ranking"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">The cost of travel is rising, but travelers are unbothered.<\/span><span style=\"\"> Although countries across the<\/span><span> world are facing a cost-of-living crisis amid rampant inflation, people are still prioritizing going on vacation, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2023-02-15\/travel-prices-are-soaring-that-s-pushing-vacations-to-egypt-morocco\" style=\"\">Bloomberg<\/a><\/span><span> reports. The pandemic devastated airlines, hotels, and tour companies, but as restrictions have lifted, demand \u2014 along with prices \u2014 have increased. A PwC survey found that travel is the second-highest priority spending area for UK consumers, second only to family, and ahead of home and personal health expenses. Soaring travel costs amid the broader inflationary climate are deterring fewer Americans from traveling, with Americans more eager to travel now than they have been in three years, according to Destination Analysts, a company that monitors US travelers. In Europe, travelers are looking at destinations that are a day-trip away, given how warm temperatures got last summer. Coupled with the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/06\/the-airport-chaos-of-the-summer-of-revenge-in-numbers-veggies-are-taking-a-toll-on-the-environment-86285\/\" style=\"\">airport chaos<\/a><\/span><span style=\"font-weight:400;\"> that unfolded last summer, staycations are looking more attractive. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Making it work:<\/span><span style=\"\"> More people are taking shorter trips and looking for more affordable hotels,<\/span><span> showing more interest in cost-effective options than they were before the pandemic in 2019, according to Trivago. <\/span><span>Some Europe-based customers are skipping expensive trips to long-distance locations in favor of more budget-friendly locations in the Mediterranean, including Egypt<\/span><span>, according to TUI AG, the largest packaged tours operator worldwide<\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> <\/span><span style=\"font-weight:700\">FT\u2019s Global MBA Ranking introduces a new top school and a revised methodology:<\/span><span style=\"\"> The<\/span><span> Financial Times\u2019 Global MBA Ranking, which has historically been dominated by US schools \u2014 in large part due to the evaluation being outcome-focused, allocating a lot of weight to salary levels, and increases three years following MBA graduation \u2014 has introduced new changes to its methodology. The weight given to salaries has been slashed from two-fifths to less than one-third, and diversity and sustainability will be given more weight. The revisited <\/span><span>metrics<\/span><span> have allowed Columbia University to top the ranking for the first time since it began publishing in 1999.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Geographic distribution: <\/span><span style=\"\">Thirteen of the top 18 business schools from the 2023 list are located<\/span><span> in the US, including Harvard, Stanford, and Berkeley. France is home to two top tier universities: Insead, which came in second, and HEC Paris. Spain had just one school in the top 18, Iese which came in third place. As did Italy with SDA Bocconi, and the UK with the London Business School. You can check out the full list <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rankings.ft.com\/rankings\/2909\/mba-2023\" style=\"\">here<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/span><span style=\"font-weight:700\">B\u2019naire<\/span><span style=\"font-weight:700\"> Jahm Najafi prepares to make a mega <\/span><span style=\"font-weight:700\">USD<\/span><span style=\"font-weight:700\"> 3.75 bn bid for Tottenham:<\/span><span>The Iranian-American <\/span><span>bn\u2019aire<\/span><span>, who is the chair of MSP Sports Capital, is in the process of structuring an offer for Tottenham Hotspur with a group of investors, and is set to formally address the club\u2019s owner Joe Lewis and chair Daniel Levy in coming weeks, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/c3795725-eb77-4681-848d-20c37c990386\" style=\"\">The Financial Times<\/a><\/span><span>reports, citing two sources with firsthand knowledge of the plans. The bid would value the Tottenham Hotspur<\/span><span>\u2019s equity<\/span><span style=\"font-weight:400;\"> at USD 3 bn before factoring in the club's current debt of USD 750 mn. The offer is structured so that MSP and its partners will pay 70% of the acquisition price, with the remaining 30% coming from Gulf investors, primarily from Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Further north, Qatari investors are expected to make a bid for Man Utd by the end of the week<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-02-13\/qatar-is-said-to-prepare-imminent-bid-for-manchester-united-fc\" style=\"\">Bloomberg<\/a><\/span><span> reported<\/span><span style=\"font-weight:400;\">, citing sources familiar with the situation. Qatar Investment Authority officials and local family offices are assisting the Qatari consortium with bid preparations. Raine Group, a New York bank, is advising Manchester United's current owners, the Glazer family.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost of travel is rising, but travelers are unbothered. Although countries across the world are facing a cost-of-living crisis amid rampant inflation, people are still prioritizing going on vacation, Bloomberg reports. The pandemic devastated airlines, hotels, and tour companies, but as restrictions have lifted, demand \u2014 along with prices \u2014 have increased. A PwC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":583263,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,162,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-sports","tag-travel","wpautop","entry"],"acf":{"mongo_id":"e3e364bd-4b27-4343-97e9-372d5ab7f195","is_powered_by":false,"story_type":"1","photo_url":"http:\/\/enterprise.press\/wp-content\/uploads\/2023\/02\/Hurghada-budget-1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[583257],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.79f04911-c66d-413f-83a2-d878fa768e95.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can\u2019t feel the cost of inflation if you\u2019re on the beach + Tottenham takeover bid + Columbia Business School tops MBA ranking - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/15\/cant-feel-the-cost-of-inflation-if-youre-on-the-beach-tottenham-takeover-bid-columbia-business-school-tops-mba-ranking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can\u2019t feel the cost of inflation if you\u2019re on the beach + Tottenham takeover bid + Columbia Business School tops MBA ranking\" \/>\n<meta property=\"og:description\" content=\"The cost of travel is rising, but travelers are unbothered. 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