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Home-Grown Mid-Segment Hotel Brands have a Competitive Edge Against International Brands in India

Hotelogix

As Aryavir Kumar, Managing Director of The Clarks Hotels & Resorts, points out, "In 2023, domestic mid-market brands accounted for about 66% of all hotels added. billion by 2030, these brands stand ready to capture their share of the pie while competing head-to-head with their larger international counterparts.

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Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

With the increasing customer inclination towards a health-conscious diet, even the restaurant industry has to adapt to the trend by adding dishes catering to their health-conscious guests. Lack of urgency in delivery as the driver has limited accountability to the restaurant. Health-Conscious Food Will Dominate Menus.

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MRM Research Roundup: Mid-November 2020 Edition

Modern Restaurant Management

The survey insights show how the hospitality and event industry can pivot their offerings to cater to consumer preferences. A little under half of the respondents said yes, and of those 30 percent of them used catering for these events. percent CAGR between 2020 and 2030. Bn by 2030. Key Takeaways.

Marketing 161
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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

In my fiscal and strategic view, restaurant groupings of multiple locations and offerings using one accounting, HR, and legal system will continue to disrupt the industry, AND those single-location restaurant business models struggling to eke out a living. Virtual restaurants can cater to different consumers, expanding clientele.

Marketing 215
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From Base to Premium: How AI is Redefining Hotel Ancillary Revenue

Revenue Hub

A study by PwC predicts that the most significant boosts to GDP from AI will be in China (26% in 2030) and North America (14.5%), totaling a staggering $10.7 trillion and accounting for nearly 70% of the global economic impact. The economic gains from AI are not to be underestimated. billion by 2026, growing at a CAGR of over 9.7%

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5 Lastest Trends in Hospitality Industry

STAAH

According to the World Tourism Organization, the tourism industry accounts for 5% of global carbon emissions. If left unchecked, this number is expected to double by 2030. Furthermore, with the rise of smart devices, hotel guests can also be enabled to use their own devices and accounts on entertainment platforms 4.

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State of the Industry and More Restaurant Research

Modern Restaurant Management

Key figures on the restaurant workforce include: Between 2023 and 2030, the foodservice industry is projected to add an average of roughly 150,000 jobs a year, with total staffing levels projected to reach 16.5 million by 2030. percent of its restaurants catering to vegans. out of 100.

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