The global hospitality sector has been witnessing a paradigm shift, largely influenced by technological advancements, evolving consumer preferences, and the recent pandemic. Eco-friendly practices are being adopted widely, as sustainability becomes a significant selling point. Another trend is the increasingly personalized guest experience, facilitated by data analytics and artificial intelligence....
Discover more insightsThe current trends in the accommodation sector involve the rising development of boutique hotels, favored for their personalized services and unique atmospheres. Another trend is the adoption of advanced technologies such as AI, IoT, and machine learning services for enhanced customer experiences. Sustainability initiatives and cultural authenticity have also gained...
Discover more insightsVaried trends are evident across the luxury and budget hotel sectors. In the luxury segment, personalised, experiential services are on the rise. Customers increasingly demand unique experiences and luxury hotels are adapting by delivering bespoke experiences, whether through gourmet meals, personalised room facilities, or unique getaway packages. Conversely, in the...
Discover more insightsToday's hospitality industry faces several robust trends. Among these, the rise of eco-conscious and health-focused travellers has necessitated hotels to adopt sustainable practices and wellness programmes. Moreover, the ongoing digital transformation has led to the rapid adoption of smart technologies, providing opportunities for efficient operations and improved guest experiences. The...
Discover more insightsEmerging markets in the accommodation sector are primarily driven by steady global economic growth, burgeoning middle classes in countries such as China and India, and increased travel for both business and leisure. These markets signify lucrative opportunities. They are characterized by rapid urbanization, government initiatives for attracting foreign investment, and...
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