Revenue Hub

JANUARY 14, 2025

billion by 2027, driven by this trend. This marked increase reflects the growing recognition of AIs potential to optimize revenue strategies and deliver personalized guest experiences. The global hotel revenue management software market has surpassed earlier projections, now expected to reach $2.8

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Boutique Hotel News

DECEMBER 20, 2022

AI-enabled chatbots and digital concierges serve as the first point of contact for some customers. Looking ahead, supply levels are forecast to exceed 1,100 schemes by 2027, nearly doubling the current volume at around 640 projects worldwide. Affordability is a key factor which is broadening the market.”.

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Mary Gostelow

NOVEMBER 1, 2024

The convention centre at Fairmont Mayakoba, home of TFest through 2027, is large enough for some suppliers, like Accor, Hyatt, IHG and Marriott, to have their own dedicated rooms. Others, like Kerzner, Neom and SLS, below, took public spaces in Global Village, a concept new to TFest this year. At Power Hour, ‘business talk’ was banned.

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Revenue Hub

JUNE 4, 2024

When it comes to the data, a GBTA study forecasts business travel expenditure could exceed $1 trillion by 2024 and potentially surpass that figure by 2027. Understanding the importance of convenience and speed for these guests, hotels offer personalized service, quick check-ins/check-outs, and 24/7 concierge services.

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Hotel Owner

JUNE 12, 2024

The City of London has granted Mactaggart Family and Partners planning permission to develop The Resident Farringdon , a 128-room hotel opening in 2027. A dedicated concierge will assist guests during their stay. Novotel has partnered with WWF to protect and restore the ocean through science-based actions from 2024 to 2027.

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Les Roches

JULY 5, 2024

in the global resort industry from 2020 to 2027, driven by the increasing demand for leisure and hospitality services. Forecasts indicate a positive annual growth rate of 4.7% Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing.

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Modern Restaurant Management

JANUARY 15, 2020

I-AM Group Partner Pete Champion said: “Convenience services need to act more like concierge services, adding exclusivity as a key differentiator. Mezcal Sales to See Strong Growth through 2027. However, Mezcal Anejo will exhibit a higher CAGR through 2027. ” For more information and access to the report, click here.

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