What is trends in hotel development?
What is trends in hotel development? Sustainability has become one of the more popular hotel management trends in recent years, as today's environmentally conscious customers demand choices that align with their ethics. At the minimum, modern consumers often require that their hotels be as energy-efficient as possible.
What is the hotel industry forecast for 2023?
CBRE's revised forecast projects 2023 RevPAR will be up 4.6 percent year over year to $96.64, which is down $1.25 from its previous forecast, issued in May. CBRE's softened RevPAR projections are partially attributed to decreased occupancy expectations and a decline in demand, according to the company.
What are the future trends in tourism?
Longer Trips According to Evolve's 2022 travel forecasts, the average trip will likely be longer in length (5-7 nights in 2022, compared to an average of 3.8 nights in both 2020 and 2021). Longer trips will be increasing in demand as a result of the many work-from-home opportunities too.
Why is smart hotels a trend?
Smart hotels are integrating eco-friendly technologies and practices into their operations to minimize their environmental footprint. This can include using energy-efficient appliances and lighting, implementing water-saving measures, and sourcing locally produced, sustainable food for restaurants.
What is smart hotel technology?
A Smart Hotel is a hotel equipped with disruptive technologies such as Artificial Intelligence and IoT (Internet of Things), with the aim of improving management, efficiency and control from the hotel management, as well as offering a better service to guests.
What are the hotel expectations for 2023?
Average hotel occupancy is expected to reach 63.8% in 2023 – just shy of 2019's 65.9%. Staffing is expected to remain a significant challenge for U.S. hotels in 2023, with hotels projected to employ 2.09 million people in 2023, down from 2.35 million in 2019.
What is the future of hotels in 2030?
In the 2030s, the best hotels will offer highly personalized guest experiences, sustainable travel options, and attractive employee opportunities.
What is a new trend in hospitality?
As hotels incorporate more digital technologies across departments, smart rooms will become an increasingly popular hotel trend. Keyless door locks, voice control technology, and remote room controls are all features we can expect to see as hotels place a greater emphasis on technology in the coming years.
What is the hospitality trend in 2024?
Private members clubs target the 'Daycations' sector A trend is emerging where hotels are blurring the lines between traditional hospitality and private clubs, catering to the local community's preferences. These establishments offer a range of amenities designed to create a club-like experience for 'daycationers.'
How will the hotel industry change?
There are many benefits that technology can bring to the hospitality industry. For example, technologies like artificial intelligence (AI) chatbots can improve guest experience, mobile ordering can increase efficiency, and robots can lower staff workload and minimize costs.