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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

in 2023 (IBISWorld). The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 From 2018-2023, the industry within Australia declined by 4.9% are 45-54; and 13.6%

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Is it PSL Season Already?

Modern Restaurant Management

With the pumpkin spice market forecast to be worth $2.4 " When it comes to pricing, the team at Margin Edge reports that operators and consumers should prepare to spend a bit more on items made with pumpkin puree. in June 2023 to $9.68 in June 2023 to $6.00 A can of pumpkin puree rose 7.4 percent from $9.01

Pricing 189
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7 Trends Will Change How Hotels Handle Groups and Events Business

Revenue Hub

Bullish Forecasts According to Knowland, groups and meetings business is forecasted to recover to 106.4% of 2019 levels in 2023, and Amadeus reports that 64% of event professionals say their spending increased this year. Based on its Meeting Recovery Forecast , overall meeting volume will surpass 2019 levels in mid-2023.

Events 89