hotel industry outlook

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hotel industry outlook

2019 Travel and Hospitality Industry Outlook

Deloitte Center for Industry Insights | January 31, 2019

Key trends powering growth in a technology-driven industry A strong economy, rising global consumer purchasing power, and digital innovation have all fueled record growth in the travel and hospitality industry. But there are still several challenges that could throw the industry off course in 2019. What are the biggest trends likely to shape hospitality, airlines, cruises, and ground transportation in the year ahead? Key US travel and hospitality industry trends for 2019 2019 marks a decade since the US travel industry emerged from the depths of economic recession. And what a decade it's been. Over the past 10 years, the surge of recove...

Those Who Adore Detesting, Are Now in Over Their Heads

Georges Panayotis | May 17, 2018

By Georges Panayotis Much progress has been made over the past 40 years in the accommodations sector! The new chain concepts have enabled the hotel business to develop considerably in France and Europe and, for some, in the rest of the world. Hotel groups are now number 1 on the old continent and the French hotel industry is one of the largest in Europe. This industry is thriving with very positive growth prospects and it is in full development. More tourists are arriving from all horizons and going to all destinations, what could be better! Our sector has become a magnet for young graduates. The days when the hotel business was a guild...

CBRE’s 2018 Hotel Industry Outlook Remains Positive with Continued, Albeit Slower, Growth Predicted

CBRE Group, Inc. | August 23, 2017

Atlanta – August 23, 2017 – The U.S. lodging industry will enjoy continued growth in all major metrics in 2018, albeit at a slower pace. Based on the recently released September 2017 editions of Hotel Horizons®, CBRE Hotels' Americas Research is forecasting year-over-year increases in occupancy, average daily room rate (ADR), rooms revenue (RevPAR), total operating revenue, and gross operating profits (GOP) from 2017 to 2018. "As hotel owners and operators begin the process of preparing their 2018 marketing plans and budgets it is vital that they receive critical inputs on what will drive industry performance," said R. M...

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