What can we expect in the future of hospitality?
What can we expect in the future of hospitality? While many guest-facing experiences are already conducted through autonomous channels, 50% of hospitality and travel operators by 2026 will fully automate tasks such as booking and staff interaction, personalized check-ins, maintenance, and occupancy and room optimization.
What is the trend in hospitality in the UK 2023?
Unsurprisingly, consumers are more price-led when choosing venues compared to last year – indicating they're becoming more cost conscious. The eating out market is set to be a challenging landscape to navigate in 2023, and operators will need to look for ways to emphasise value for money.
Is the hospitality industry growing 2023?
In 2023, the global hospitality market reached nearly 4.7 trillion U.S. dollars and was forecast to grow to 5.8 trillion U.S. dollars in 2027 at a compound annual growth rate (CAGR) of 5.5 percent.