shiv ariyakula
Miami: A Global City
Shiv Ariyakula | December 28, 2016
By Shiv Ariyakula, CFA The terms "global city," "world city," "top-tier city," and "alpha city" have been used to describe a metropolitan center that acts as a key node in the global economic system. Global cities are well known to travelers worldwide, with notable urban designs and cultural attractions, major commercial centers, and diverse economic underpinnings generating interest, investment, visitation, and acclaim. Miami has long been a city of great fame, and in the past decade, the diversity of Miami's industries and economy has made it a veritable alpha city, as well. Miami ranked 30th in the 2016 Global Cities Index (GCI) surv...
Hostel Market In America: Potential For Growth
Shiv Ariyakula, CFA | November 8, 2016
By Shiv Ariyakula, CFA What is a Hostel? Hostels offer low-priced accommodations with a unique social component. Guests rent a bed rather than a room, sharing the space with up to five other guests. Some hostels include private bathrooms and kitchens in every room, though most hostels have a common bathroom area with no kitchen facilities. More than 4,500 hostels are spread throughout Europe, with the highest concentration in the densely populated destination cities. The first hostel originated in 1912 in Germany, and that country boasts the highest number of hostels today. Success in the European Market Historically, the European hoste...
