article thumbnail

2023 hotel and travel trends

Boutique Hotel News

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.”.

Concierge 312
article thumbnail

What Strategies are Hotels Using to Attract Business Travelers?

Revenue Hub

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today’s news in brief – 12/6/24

Hotel Owner

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.

article thumbnail

MEXICO – 5

Mary Gostelow

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.

article thumbnail

Everything you need to know about resort development

Les Roches

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.

article thumbnail

MRM Research Roundup: Mid-January 2020 Edition

Modern Restaurant Management

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.

Marketing 110