hospitality trends
PolyU School of Hotel and Tourism Management Partners With World Travel and Tourism Council To Define the Future of Global Retail Tourism
PolyU’s School of Hotel and Tourism Management | September 27, 2023
The School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University has joined hands with the World Travel and Tourism Council (WTTC) to support the sustainable development of global tourism. Undertaken collaboratively by teams from the SHTM’s Hospitality and Tourism Research Centre and the Council, the WTTC–SHTM Global Retail Tourism project offers critical data-driven insights into the key trends, challenges and opportunities shaping retail tourism in the post-pandemic era. Although travellers collectively spend billions of dollars every year on shopping, to date there has been a lack of an accurate estimate ...
Five Trends Shaping the Hospitality Landscape in 2024
WATG | September 22, 2023
Rissai Valley, a Ritz-Carlton Reserve nestled in Jiuzhaigou, China, was the host venue for a high jewellery exhibition curated for high-net-worth travellers. Photo Courtesy of Rissai Valley, a Ritz-Carlton Reserve Singapore, 22 September 2023 – WATG, the preeminent leader in integrated luxury hospitality design since 1945, has revealed five emerging trends that will shape Asia Pacific’s hospitality industry in 2024 and beyond. With the return of travel, consumer preferences and expectations have evolved as indicated by the increased demand for all things responsible yet purposeful. This heightened sense of self-awareness and personal ...
Hospitality Trends: A Glimpse Into the Future of the Industry
Lionel Saul | August 16, 2023
Step into the future of hospitality as we uncover the captivating realm of short- and long-term perspectives that are reshaping the industry. Let’s explore how technology is helping hospitality firms create an unparalleled guest experience and learn about the futuristic ideas that spark the imagination and are setting the stage for our extraordinary tomorrow. ---- HOSPITALITY INSIGHTS ---- This month, we have decided to share with you some industry trends. In the short-term perspective section, we have selected the ones you can expect to see in the next 2-3 years, while in the long-term chapter we highlight trends that will take longer to...
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...
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