I've been pretty tired recently looking at both US and SG stock market so I haven't had much concentration to post these days.
Anyway...
I've been looking at SQ shares recently. Just curious how their business works out in the future.
But something happened also recently which made me doubt their recovery and growth.
My wife has a couple of high membership statuses for hotel and airlines.
Cos we've been flying around past few years.
Membership statuses are very important for hotels and airlines to retain their repeat customers.
Cos... You see, if we have a high membership for XYZ hotel, we get free upgrades to bigger rooms.
So, why would I even bother to stay at AAA hotel where I get no free upgrade? End up I will pay for a small room, whereas at XYZ hotel group, I can pay for a regular room but get a bigger room.
There's small perks for airlines as well. Like...