Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

New Delhi serves most economical club sandwich: Survey

May 14 2014, 19:23 IST
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SummaryGeneva has retained the top spot as the most expensive city in the world in which to order a Club Sandwich.

According to the latest Hotels.com Club Sandwich Index(CSI), India's New Delhi is the cheapest destination for a club sandwich, with an average of just INR529. Geneva has retained the top spot as the most expensive city in the world in which to order a Club Sandwich, at an average of INR1,965. Using the classic hotel staple of a chicken, bacon, egg, lettuce and mayonnaise sandwich as a barometer of affordability, the Hotels.com CSI offers holidaymakers an indication of the costs associated with their destination of choice.

Several other holiday favourites also appeared under the INR1,000 threshold, including Madrid INR960, Rio de Janeiro INR883 and Bangkok INR722. Meanwhile, Sydney experienced the greatest decrease in its club sandwich price, falling from INR1,114 in 2013 to INR1,021 in 2014.

In the Swiss city, prices for the Club ranged from INR2,607 in one five-star hotel to INR926 in a three-star establishment. Gastronomic hub, Paris, held on to the number two spot with a new average of INR 1,770, followed by Helsinki which knocked Oslo out of the top three with INR1,468

The CSI average price is calculated from the real prices paid by guests for a club sandwich in 30 hotels in either the capital or an important tourist city in the 28 countries surveyed, across five, four and three star categories. The Index reflects not only changes in the actual price of a club sandwich across the globe but also the effect of currency fluctuations.

Alison Couper of the Hotels.com brand said, “The Club Sandwich Index offers travellers a simple price comparison to show how far their money may stretch in each country, using the most common item on any hotel menu. The next time you're tucking into a Club in Geneva, remember you could have three more for your money in New Delhi."

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