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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. Hotels with easy reservation changes, late arrivals, and straightforward cancellations are the preferred choice for these travelers.

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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
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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.