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Market Trends

1417 posts

Hospitality market trends and data: analysis, figures and insights to understand where the hotel industry is heading.

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  • 1 min

Saudi Arabia Cancels Hotel Licensing Fees: Hotel Sector to Witness Growth

  • Debiprasad Sarangi
  • 7 October 2024
🏨 Saudi Arabia has made a strategic move to boost its hospitality sector by waiving hotel licensing fees. This bold initiative is expected to stimulate growth in hotel offerings, although the article does not specify the effective date or the duration of this fee waiver. There are no specific numbers, statistical data, or other factual information provided regarding the impact of this policy change. The article image was uploaded in October 2024 but lacks further context or details. Author: Debiprasad Sarangi, associated with @Hotelogix.
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  • 15 min

Dangerous Blindspots: What Hotel Executives Miss – Adam Zembruski

  • Josiah Mackenzie
  • 7 October 2024
📋 In a recent podcast, Adam Zembrowski, an operations leader and hotel investor, discussed systemic issues in the hospitality industry that impact innovation and staffing. Despite wage increases from $10 to $15, employees still need multiple jobs to make ends meet. Zembrowski criticized nonprofit organizations for being ineffective in supporting hotel workers and emphasized the disconnect between industry executives and front-line staff. He highlighted the need for hospitality leaders to connect with the next generation and recommended DECA, a high school program promoting business skills, as a way to engage and mentor youth. His perspective challenges the industry to adopt a more abundant mindset and prioritize genuine progress over maintaining the status quo.
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  • 1 min

Why Hotel Design Matters So Much (An Operations Leader’s Perspective) – Jennifer Clay, Appellation

  • Josiah Mackenzie
  • 4 October 2024
🏨 On October 4, 2024, Jennifer Clay, Vice President of Hotel Operations at Appellation, discussed the importance of hotel design in guest immersion and operational leadership. Key points included hotels embodying local culture [01:58], evolving designs using local materials and artisans [02:34], the selection process of design elements [04:12], the importance of balancing aesthetics and functionality [07:03], and ensuring the hotel's physical product matches its advertised experience [08:11].
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  • 2 min

Clarified cocktails put a spin on the classics

  • Rachel Green
  • 3 October 2024
🍸 The 2024 hospitality trends report by af&co and Carbonate highlights the revival of "Clarified Classics" cocktails, using milk clarification and alternative methods like agar agar or a centrifuge. This technique, which originated in the Victorian Era, enhances flavor and texture in cocktails and is gaining popularity among bartenders nationwide. Carbonate, a creative agency, produces this annual report with af&co, which is recognized by major publications like The New York Times and Forbes.
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  • 1 min

How I Empower Emerging Leaders – Jennifer Clay, Appellation

  • Josiah Mackenzie
  • 3 October 2024
🏨 Jennifer Clay, Vice President of Hotel Operations at Appellation, is recognized for her creative thinking and results-oriented leadership in the hospitality industry. Clay has an international background with experience in brand compliance for luxury hotel groups such as Mandarin Oriental, The Peninsula, and Six Senses, and leadership roles in Napa Valley resorts. She focuses on guest experience, service, loyalty, and maintains Appellation’s industry leadership through defining experience standards, brand partnerships, and directing an experiential learning program.
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  • 5 min

Edinburgh Marriott Hotel Holyrood captures the spirit of the city with new cocktail launch menu

  • Megan Carley
  • 2 October 2024
🍸 On October 2, 2024, the Edinburgh Marriott Hotel Holyrood released the 'Tales of the Old Town' cocktail menu, in partnership with Bacardi, featuring eight signature cocktails inspired by Edinburgh landmarks. Each cocktail reflects its namesake story, such as the Mercat Cross and Greyfriars Bobby. The hotel collaborated with Invisible Cities to offer a self-guided tour of landmarks connected to the cocktails, starting from Canongate Kirk. Lead Bartender Yubaraj Tiwari highlighted the menu's connection to Edinburgh's history. For more, visit marriott.com/edimh and invisible-cities.org.
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  • 1 min

The Paloma, where tequila and grapefruit meet

  • RH Staff Datassential
  • 2 October 2024
🍹 The Paloma, a mixed drink from Mexico, combines tequila, grapefruit soda, and lime juice, and is gaining popularity in the U.S. with a 57% increase on restaurant menus over four years, now found on 7.7% of menus. Market research by Datassential shows 27% of the U.S. population recognizes the Paloma, especially among Hispanic consumers. Restaurants are customizing the cocktail by adding spices or syrups. Click to explore the Paloma's presence in a New York City restaurant menu.
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  • 2 min

ChatGPT says hello, sauces are everywhere, and so is KPOT

  • Bret Thorn Patricia Cobe
  • 1 October 2024
🍴 Bret Thorn, Senior Food & Beverage Editor for Nation’s Restaurant News and Restaurant Hospitality since 1999, oversees food and beverage trends reporting. Host of "In the Kitchen with Bret Thorn" podcast, he wrote for The New York Sun (2005-2008), reported in Thailand for Manager magazine and Asia Times (1992-1997), and covered the 1989 Tiananmen Square events for ABC News. His column won the 2006 Jesse H. Neal Award, he's a Phi Beta Kappa Tufts graduate (1990), studied at Le Cordon Bleu (1986), and was inducted into the Disciples d’Escoffier (2014). Contact: [email protected]
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  • 2 min

St Michaels Resort, Falmouth to host ‘Oyster Weekend’ in place of the postponed Falmouth Oyster Festival this year

  • Megan Carley
  • 1 October 2024
🌺 St Michaels Resort in Falmouth sponsors the Oyster Festival for 20+ years. 2024's festival is canceled due to costs, but St Michaels will host an autumn event, celebrating oysters and community. Features include live music, chef demonstrations by Jude Kereama and others, gourmet street-food, oyster shucking competition, and local crafts. Free entry until 6pm, then £2 for charity. Acts include Will Keating, Soul Sensations, Culdrose Military Wives Choir, and Oggymen. Nigel Carpenter confirms festival's return on 9-12 October 2025. St Michaels also sponsors Falmouth International Arts and Book Festivals in October.
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  • 3 min

RateGain’s Growth Story Becomes an NYU SPS Case Study

  • Kushal Walia
  • 1 October 2024
🏦 India, October 1st, 2024: RateGain Travel Technologies Ltd., featured in a case study at NYU School of Professional Studies, showcases its evolution as a global technology leader, influencing travel and hospitality industries with AI and machine learning. Authored by Dr. Vanja Bogicevic, the study highlights RateGain’s innovative solutions for customer acquisition, retention, and market expansion. Founder Bhanu Chopra acknowledges the honor, emphasizing the importance of global brand synergy and addressing industry challenges. RateGain, established in 2004 in India, now serves 3,200+ customers across 100+ countries.
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