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Posts posted by delgados129
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Big Interview: Azamara boss looking to build on 'explosive' UK growth
...“Our growth has been quite explosive,” he adds. “We have 19% net yield growth – not many people can say they have that figure... -
FWIW: If anyone is interested in a detailed discussion on the economics of tipping, the following paper is available: Tipping: The Economics of a Social Norm.
The thesis is:
...The analysis suggests that in many cases the social norm of tipping has economic justification, because it solves some inefficiency and increases welfare. In particular, tipping can promote good service where other mechanisms fail to do so...While a service contract can provide this incentive [to exert some effort], writing such [a] contract between the customer and the server involves prohibitive transaction costs. Therefore, tipping serves as a substitute that economizes these transaction costs....Posted in homage to my fellow table/excursion mates on my last Azamara cruise with memories of the many wonderful, spirited and rigorous discussions/debates we had.
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5: Did 2 weeks with Azamara, Singapore to Hong Kong, and had a wonderful time. Looking forward to our trip in April with a cruiseline that's very attentive to the onboard experience.
Double Upgarde - back for the fall 2014
in Azamara
Posted · Edited by delgados129
Ditto...2015 Cruise I was scouting-out results in $400 less for same cabin compared to promotion that just expired....apples-to-apples.