hospitality trends
Hospitality Trends 2023 – the Future Ahead
Tatyana Tsukanova | January 6, 2023
By Tatyana Tsukanova, Lionel Saul As 2022 draws to an end, we can all agree that it has been, once more, a roller-coaster ride for the hospitality industry. However, there is no time to reflect on this year as everyone is already looking ahead to 2023 and predicting which trends will impact our industry. We have summarized eight dominant trends and three springs of innovation we can’t ignore. And, traditionally, some inspiring ideas for you for this Christmas season! Industry insights Trends within trends Exchange rates affecting travel and tourism As of December 2022, the U.S. dollar is at a favorable exchange rate agai...
The 33 Definitive Hospitality Industry Statistics You Need to Know For 2023
Brett Thoreson | November 22, 2022
By Brett Thoreson As of today, we are only weeks away from 2023. It’s almost hard to believe after the trials and tribulations that largely defined 2020, 2021, and the beginning of 2022. In some ways, the last two and a half years were a whirlwind, but, at the same time, the world came to what could be best described as a prolonged, collective standstill. For industries like hospitality, that standstill was especially pronounced – as an industry that exists to provide an in-person experience to global travelers, the COVID-19 pandemic proved to be one of our greatest obstacles. Our proverbial liferaft during this time was the promise of...
Where To Next? 4 Trends Shaping Opportunities in Hospitality
Accor | November 16, 2022
The past few years triggered a significant reality check in society. People looked inward to decide what they really needed and why — questioning the relevancy of existing habits, beliefs, and behaviors regarding self, community, and the planet. These shifts and nuances in mindset and the diverging individual responses to these inquiries have created a collective transformative force which impacts society. We take a closer look at these changes and their intricacies and where we believe they create opportunities for the hospitality industry. #1 The Hybrid Way of Life The acceleration of digi...
Hospitality Industry Statistics to Have on Your Radar in 2022
EHL Insights | August 18, 2022
The hospitality industry is a vast sector with many different categories that include recreation, lodging, entertainment, food and beverage. As a result, it is essential to collect all the relevant hospitality industry statistics to fine-tune your digital and social strategies to match the rapid changes currently impacting the sector. This is especially important for hospitality because it was one of the hardest-hit industries by COVID-19, and its challenges are still ongoing. Now that things are almost back to normal, the hospitality industry not only has to deal with changing consumer preferences and expectations but also deal with...
Hotels, Lean In: Sustainability and Wellness Are Leading the Next Generation of Meetings & Events
Amadeus | August 10, 2022
In contemplating the next generation of meetings and events, one thing is becoming increasingly clear: hotels must lean into some of the macro trends shaping our global society, particularly wellness and sustainability. The new world we find ourselves in has propelled us to become more conscious in our daily lives and in the way we work, connect, and travel. The ability to make the future different (and better) than the past, however, requires reflection and innovation. As part of a “New Golden Rules of Meetings & Events” series, we’ve combined insights from global hospitality experts, Amadeus business intelligence data, and k...
Four Travel and Hospitality Trends and Tips for 2021 and Beyond
Matthew Furneaux | November 11, 2021
By Matthew Furneaux After a pandemic year, many people are ready to start traveling again. While this is excellent news, travel and hospitality brands continue to face significant challenges as shifting consumer sentiment and operational realities complicate their resurgence. As a result, several critical questions emerge for brands looking to capture market share as consumers prepare to pack their bags: How can we reassure tentative travelers? What’s the best way to communicate with consumers? How can travel brands reemerge stronger than ever? For leading travel and hospitality brands, answering these questions is critical as they...
What Is Slow Tourism? The Next Big Hospitality Trend
EHL Insights | August 17, 2021
By Joana Dickinson The trend of “Slow Travel” has become increasingly popular over recent years, however through COVID19 it has accelerated immensely and has almost become a new norm without people even realising. Slow tourism is forecasted to continue to grow in popularity, becoming an alternative to more traditional holidays and is estimated to grow at a 10% compound annual growth rate. Now what is Slow travel, where did it come from and how could hoteliers adapt? The trend of “Slow Travel” has become increasingly popular over the past years, however through COVID19 it accelerated immensely and has almost beco...
The Evolving Traveler Journey: 3 Trends Hoteliers Must Address Today
Paul Barron | January 5, 2021
By Paul Barron The hospitality industry is navigating through a time of unprecedented change. The shock of COVID-19 pushed what was once considered preferential traveler expectations into industry standards faster than anyone could have imagined. Trips are either increasingly spontaneous with short booking windows or intensely researched due to safety. On-trip interactions are digitizing, and loyalty has evolved far beyond points programs. Reviewing recent trends, hoteliers must prepare for three key shifts in the traveler’s journey: 1. Booking flexibility shifting from perk to expectation 2. Acceleration of the contactless ...
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