Market Trends

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CoStar: U.S. Hotel Industry Reports Negative Weekly Comparisons

🏨 U.S. hotel industry reported year-over-year declines as of March 15, 2025: Occupancy dropped 3.5% to 64.2%, Average Daily Rate (ADR) fell 0.7% to $162.49, and Revenue Per Available Room (RevPAR) decreased 4.2% to $104.36. San Francisco's occupancy climbed 6.6% to 63.7%, Houston's ADR and RevPAR surged 13.8% and 16.0% to $137.98 and $97.21, respectively. Anaheim faced a 27.8% tumble in RevPAR to $149.51, while Seattle saw a 15.5% decline to $101.77 due to an event schedule shift.
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Control What You Can: How Top Hoteliers Are Navigating Chaos in 2025 (Hunter Hotel Investment Conference Insights) – Josiah Mackenzie

🏨 Josiah Mackenzie, founder of Hospitality Daily and Head of Marketing at Actabl, shared insights from the Hunter Hotel Investment Conference on the economic environment in 2025. Strategies for hoteliers to thrive amid economic uncertainty and market volatility were discussed, focusing on controllable factors, understanding the economy, long-term opportunities, maximizing revenue and profits, and the impact of persistent inflation. March 24, 2025, marked the date of these essential takeaways for the hospitality industry.
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Beverage Solutions Company, DaVinci Gourmet Is Focused On Building a Coffee Community Through Competitions, Brand Ambassadors and More

🍴 Emerson Nascimento won the DaVinci Gourmet Barista Craft World Champion title in 2024. DaVinci Gourmet, partnered with Kerry, focuses on flavor innovation in coffee. The Flavour Genius Academy, launched before 2024, offers training for café professionals in the APMEA region, with monthly virtual gatherings and collaboration with the ASEAN Coffee Institute (ACI) to provide specialized training. Eloise Dubuisson from Kerry Asia Pacific emphasized the winners' role in promoting the brand's flavors and artisanal syrups.
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Do Non-Alcoholic Wines Belong On Michelin Star Menus?

🍷 80% of NA beverage drinkers also consume alcohol, providing a taste reference. Catalan restaurant Gaig, recognized by the Michelin Guide, features Noughty's non-alcoholic (NA) wines. The no- and low-alcohol market is growing by 20% annually, with a forecasted value of $36.6 billion by 2030, where NA beer holds 60% of the market share. The NA wine segment, valued at $52 million, grows by 23% yearly. Noughty, with six premium NA wines, sees popularity in Michelin-starred venues and is favored by chefs like Andrew Pern and Oscar Lorenzzi. The largest NA markets are Europe and the UK, with the US experiencing a rise in nondrinkers. Asia and Singapore's NA demand has increased since 2021, notably for business lunches. The UK sees 55% of drinkers reducing alcohol intake, and 57% of global consumers participated in Dry January or Sober October in 2023. Health concerns drive this shift, with alcohol identified as a leading cause of cancer. NA wine options are effective on wine lists, and Noughty's sparkling Chardonnay has just 14 calories per glass. Restaurants, while facing challenges in stocking NA wine, recognize the evolving consumer preferences and potential for higher profit margins, with Noughty focusing on 'by the glass' placements.
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Backpackers ditching tourist trails for…

📸 WeRoad surveyed 4,634 solo travelers aged 20-49 to understand backpacking motivations, revealing a trend towards off-the-beaten-path destinations like Jordan, Namibia, Kyrgyzstan, and Uzbekistan. Forbes found 68% of Gen Z and Millennials seek new travel experiences. 40% of respondents prefer less-touristic locations for more authentic experiences, while 48% reported making lifelong friendships and 27% learning about themselves. Drawbacks include 72% admitting to overpacking and 10% running out of money. WeRoad CEO Andrea D’Amico highlights solo backpacking as challenging and life-changing.
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Travel companies catering to affluent travelers remain largely optimistic

🏖️ On Mar 24, 2025, amidst economic uncertainties, luxury travel bookings remain buoyant, with affluent travelers continuing to spend. High-income households, contributing 50% of U.S. consumer spending, show no signs of pulling back from high-end travel, spurred by a strong stock market and asset growth. The luxury travel market is expected to grow 5.2% in 2025, approaching $1.8 trillion globally. Companies like The Thinking Traveller, Hyatt, Scott Dunn, and Virtuoso report strong demand, particularly in ultraluxury travel. Despite some hesitation from companies like Viking Holdings and Abercrombie & Kent, the overall outlook for 2025 remains optimistic.
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The anatomy of restaurant hype

🍕 On Mar 24, 2025, UK restaurant trends revealed influencers and social media impact alongside traditional reviews. Cloth in London experienced a booking surge after high praise from national newspapers. Bistro Freddie gained popularity through Instagram and other online platforms, despite mixed reviews. Chishuru's Michelin star resulted in nearly 1,000 bookings in a week. Goodbye Horses attracted customers through organic social media. Gloriosa in Glasgow saw increased bookings after celebrity visits and a notable review, demonstrating the value of long-term commitment and vision.
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