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Nevertheless, the aging baby boomer generation underscores the need for hotels to better cater to this market gap. In the United States, the Census Bureau estimates that by 2030, approximately 73 million boomers will be 65 or older. As seen in the cruise industry, catering to disabled guests can be highly profitable.
Beach Retreats, the group’s self-catering brand, is also expanding and recently completed its first acquisition in Cornwall which this year will be developed to create the brand’s first coastal aparthotel, blending the independence of traditional self-catering with the best of lifestyle hotels.
Read More - A powerful way to generate revenue & build your hotel’s brand Catering to experience-driven travelers Today's travelers increasingly seek personalized experiences that resonate with their cultural context. The Path Forward The future looks promising for India's mid-segment hotel brands.
With the right strategies in place, hotels can capitalise on the opportunities offered by the changing industry landscape and be well-positioned to serve their customers in the years ahead. Wellness Tourism The global wellness tourism market is expected to be worth 1,592 billion USD by 2030.
In real estate, some notable examples include Hines, which has set a target of 2040 for its entire estate to be operationally net zero carbon, without carbon offsets, and L&G, which has set a target of 2030. This intense year of development represents a major milestone in Qatar’s goal to welcome six million visitors a year by 2030.
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