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Market Trends

1168 posts

[[ 4 ]]

STR lowers U.S. hotel forecast for 2024/25

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  • 4 June 2024
Increased cost of living is impacting lower to middle income households and their ability to travel, reducing demand for lower priced hotels Jun 4, 2024 STR and Tourism Economics significantly…
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Spain’s hotel sector surges ahead in 2024

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  • 4 June 2024
The resurgence of Spain’s tourism industry is a story of remarkable recovery and resilience Jun 4, 2024 The Spanish hotel industry is poised to continue its remarkable recovery, building on…
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Six trends shaping new business models in hospitality

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  • 4 June 2024
Tourism and hospitality companies have changed over the past decade. McKinsey takes a look at trends in accommodations and experiences Jun 4, 2024 As destinations and source markets have changed,…
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Chinese tourist spend again

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  • 3 June 2024
Chinese holidaymakers will spend $250 billion on international travel this year – about 10% more than in 2019, according to WTTC data Jun 3, 2024 Chinese tourists are making up…
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Tourists go home

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  • 3 June 2024
Why is there suddenly such a strong sense of grievance in places where large numbers of tourists have been the norm for decades? Jun 3, 2024 The answer, it seems,…
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European hospitality industry faces looming ‘chain-ification’

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  • 3 June 2024
Small, family-owned hotels still abound in the European hospitality market, but recent investment data suggests that the status quo is unlikely to continue Jun 3, 2024 Based on research conducted…
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Tourism and hospitality are on a journey of disruption, says McKinsey

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  • 30 May 2024
Shifting source markets and destinations, growing demand for experiential and luxury travel, and innovative business strategies are all combining to dramatically alter the industry landscape May 30, 2024 There’s no…
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The world’s coolest hotels want to tell you a story

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  • 20 May 2024
The latest design-driven hotels aim to immerse guests in a story or social movement, or transport them to another time May 20, 2024 Unlike typical boutique hotels, which focus primarily…
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