Across Europe, the hospitality industry posted moderate growth in Average Daily Rates (+1.8%), and Revenue per Available Room (+1.2%), despite slight fluctuations in certain segments. 2024-11-01 Travel Mobility The Six Key Trends Shaping the Future of Mobility ...
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The hospitality industry experienced a remarkable growth from $4,390.59 billion in 2022 to $4,699.57 billion in 2023, achieving a compound annual growth rate (CAGR) of 7.0%. This significant expansion is a testament to the industry's resilience and ability to bounce back from the challenges po...
With this thoughtfulredesign, Marriott proved that they are fearless in evolving. By embracing a more modern aesthetic, they demonstrated their commitment to staying at the forefront of the hospitality industry. After all, a company's visual identity is more than just a logo; it's a symbol tha...
Hospitality trends are always evolving, and players in the industry must stay updated to remain relevant and competitive. These trends, which include using reservation management systems like a WordPress hotel booking plugin, can significantly improve your hotel workflows. Staying on top of hospitality ...
Therefore, sustainability trends in hospitality industry are evolving as hotel giants take to innovative greener practices in hotel design and resource management with the prime objective to reduce carbon footprints.
hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October. 2024-10-17 Hotel Asset Management 58% of Hospitality Asset Managers Have Made or Are Planning to Make Changes to Brand And/or Management Hospitality Asset Managers Association ...
Yet the true source of the crowding is not sky-high demand, but constrained supply. These days fewer people want to work in hospitality—in America employment in the industry remains lower than in 2019. And pandemic disruption means many new hotels and restaurants that would have opened in 202...
Chong-Hon [1999], "Hospitality industry trends in the Caribbean and in Latin Ame- rica", Lodging Hospitality, vol. 55, num. 6, Cleveland, pp. 6-8.DICKINSON, C.; CHONG-HON, G. (1999): "Hospitality industry trends in the Caribbean and in Latin America", Lodging Hospitality, vol. 55...
in the hospitality industry have are raising the bar. Late last year, Apple’s Jonathan Ive and Industrial designer Marc Newson created the ’Christmas Tree’ installation for the lobby of Claridge’s hotel in Mayfair which saw them incorporate four-metre-high light boxes with photographs of ...