Market Trends

Wellness is reshaping hospitality and real estate. It is no longer a luxury; it is a global economic force and a core business strategy. The global wellness economy reached $6.3 trillion in 2023 and is projected to hit $9 trillion by 2028, according to the Global Wellness Economy Monitor by the Global Wellness Institute (GWI). Of the 11 categories of wellness, the three (3) key growth areas include Wellness Real Estate, Wellness Tourism, and Mental Wellness, sectors now recognized as essential drivers in hospitality and real estate.

Future Hospitality Summit – FHS World is showcasing Albania’s wide and diverse range of hospitality investment opportunities with a dedicated pavilion highlighting the country’s fast-growing tourism sector, sustainable vision and plans to become a year-round, multi-sector tourism destination.

Reading Time: 2 minutes UK: Around 300 professionals from across the living, hospitality and flex workspace sectors attended the 2025 Urban Living Festival in London this week. Day one event…

HotelTechReport, the world’s largest online marketplace for hotel technology, today announced the launch of a new series of Buyers Guides designed to support hoteliers during budget season. Covering more than 20 software categories from property management systems to guest experience platforms the guides consolidate insights from over 60,000 verified user reviews and expert editorial research, making them the most comprehensive resources available for evaluating hotel software.

As novelty and exoticism become increasingly appealing to consumers, luxury purchases are taking on new psychological significance. High-end acquisitions, particularly when unplanned, offer more than status; they provide a temporary escape from everyday pressures. Yet despite their prevalence, spontaneous luxury purchases remain surprisingly underexplored. To address this gap and help hospitality and tourism practitioners capitalise on the behaviour of luxury consumers, Professor YooHee Hwang and Professor Sam Kim of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University (PolyU), working with a co-author, explored the emotions driving unplanned luxury consumption among US and Asian consumers.

Fauchon L’Hôtel Paris, a member of The Leading Hotels of the World, recently conducted a survey among luxury travel advisors to determine what really matters to their clients when selecting a hotel.

This article was written by Lodging Magazine. Click here to read the original article CHICAGO, Illinois—Hyatt’s Inclusive Collection released the Time Rich Report, a national consumer survey designed to examine how people…

Brief History: How We Got Here Era of the “Generalist GM” (pre-silo) — final authority on most decisions One property, one P&L, one boss. The GM set rates in conjunction…