Market Trends

The industry is set to make a full recovery by the end of 2024, after losing 75 percent of its value in 2020. Here’s what you should know about the…

While the hotel industry faced challenges in the first quarter, Marriott remains optimistic about its performance through 2024 Jun 6, 2024 Leeny Oberg, Marriott International’s CFO and EVP of Development,…

The mood among hoteliers at the NYU International Hospitality Industry Investment Conference was upbeat, but realistic about the current situation Jun 5, 2024 The hotel industry faced unexpected challenges in…

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…

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…

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,…

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…

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,…

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…

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…