Monthly Archives

Monthly Archives for February 2024.

Why Capital One’s $35 Billion Purchase of Discover Is A Big Win for Consumers

Feb 20 2024

Durbin-Marshall seeks to require cards to be used either on the American Express or Discover networks as a challenge to Visa and Mastercard. This deal massively bolsters Discover, creating more competition in payments processing.

Ultimately by promoting competition without legislative action (and legislative destruction), this is great for consumers and rewards.

Continue Reading »

Are Hotel Room Duvets And Throw Pillows Really Changed After Each Guest?

Feb 19 2024

As a general matter if you see something white it’s being changed, if it’s multicolored it was probably purchased specifically to avoid showing stains. Pricier chains have changed bedding more regularly than budget hotels. There was once a standard in the industry for mid-priced and below to change duvets four times a year coinciding with a deep clean of the room.

Continue Reading »

Why Airlines Had Lounges On Planes In The 60s And 70s, And Why Some Still Do Today

Feb 18 2024

Looking back on the dawn of long haul travel in luxurious jets, many people are shocked to learn that airlines frequently offered onboard lounges. Even grand pianos on board!

How quaint, that seems! Why would an airline ‘waste space’ with places for passengers to congregate? Modern airline executives shove as many seats into a plane as possible, even stealing space from lavatories and galleys wherever they can.

Continue Reading »