Hospitality Trends
March, 2 2023
 
 
 
Latest Air Travel Outlook from ACI Reveals Upsurge in Air Travel Demand Across Many Markets
 
Latest Air Travel Outlook from ACI Reveals Upsurge in Air Travel Demand Across Many Markets
 
Airports Council International (ACI) World has today published its latest quarterly airport traffic outlook showing an upsurge in air travel demand across many markets amidst heightened macroeconomic risks Read More
 
Spring Break Travel Trends
AAA Reports International Travel, Multigenerational Trips Popular This Spring Break
 
More Americans are heading abroad this Spring Break. AAA booking data shows international travel this season is up 30% over 2022. Read more
 
Global Hotel Construction Pipeline
Global Hotel Construction Pipeline Has Remained Relatively Flat for Three Consecutive Years
 
However, three of the seven world regions tracked by LE, the United States, Canada, and Asia Pacific, continue to have pipelines trending upward, YOY. The remaining regions stayed largely unchanged by project counts YOY. Read more
 
Hotel Construction Pipeline Middle East
Hotel Development in the Middle East is Ramping Up As Investors Begin to See Opportunity in the Region Again
 
Middle East Finishes the Year Strong with Record-High New Hotel Openings in Q4 2022 Read more
 
Air Ticketing Trends
Travel Retail Bounces Back in 2023
A simple reason why 2023 has the potential to be a powerful profit-making year for airport retailers and brands is that people spend more time at the airports when they transfer.
 
Travel data firm, ForwardKeys, latest air ticketing data reflects a better year for travel retailers and airports as post-covid consumer preferences swing in a more premium direction. Read more
 
Business Travel Trends
GBTA Forecast Expects Key Business Markets in Europe Will Fully Recover in 2026
Global business travel spending is not expected to make it fully back to the $1.4 trillion dollar mark until mid-2026
 
Europe makes up lost ground and is anticipated to be the fastest growing business travel market in 2023 Read more
 
U.S. Employment Trends
79% of U.S. Hotels Report Staffing Shortages
 
Hotels on hiring spree with better wages, benefits, flexibility Read more
 
U.S. Economic Outlook
U.S. Economic Insights: Showing Resilience
 
Inflation is gradually slowing and the economy is showing resilience, making the CRE glass half full or half empty, depending upon your perspective Read more
 
State Of The U.S. Restaurant Industry Report
2023 State of the U.S. Restaurant Industry
 
What’s ahead for operators, consumers, and the restaurant industry this year? Read more
 
Management Trends
How 'Strategic Silence' Helps Employees
 
The highest-performing employees know when to speak and when to stay quiet, according to new research from Wharton’s Michael Parke that looks at how employees engage in 'strategic silence.' Read more
 

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In Brief...
 

Hospitality Graduate Student Blog Competition
Four Walls, Tables and Chairs: The Fall of the Traditional Dining Experience? - By Ricardo Tellez

Market Report Asia Pacific
Strong Annual Increases in International Visitor Numbers into and Across Asia Pacific Forecast for 2023, Continuing Each Year to 2025

Market Report Miami
HVS Market Report - The Miami Market Rises to the Occasion - By Emeldina Paratusic

Market Report Tokyo
STR Reports Tokyo Hotel Room Rates Pacing Ahead of Pre-pandemic Levels

Market Report Canada
STR Reports Canadian Hotels Surpassed Pre-Covid Comparables in January

Market Report U.S.
U.S. Hotel Occupancy for the Week Ending February 18th at 60.8% - Down -5.5% from 2019

 
 
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