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The longevity revolution will mean more demand for onsite wellness and antiaging programming at hotels, offering both a path to greater ancillary revenues as well as a whole new market for longevity tourismtravelers looking specifically to hotels that offer healthspan-extending services. The term longevity tourism is relatively new.
The tourism and hospitality sector are growing precipitously – but what has often gotten lost amidst the din is the extraordinary revival of domestic tourism. Domestic travel is set to grow further still, reaching 19 billion lodging nights per year by 2030. Even in Western Europe this figure sits at 58%.
We are now well into the third quarter of 2024, and the business travel industry is poised for considerable growth. As I travel around the country and internationally, I have noticed an uptick in people traveling for business in most airports that I have frequented. billion in 2022.
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.
The Devonshire Suite offers functionality for both work and relaxation, while the two-bedroom Bishopsgate Suite caters to families with personalised children’s amenities. This launch includes tailored packages for families, celebrations, and business travellers.
Experts anticipate several trends emerging over the coming year, including an increase in wellness tourism and greater focus on staff wellbeing. Wellness Tourism The global wellness tourism market is expected to be worth 1,592 billion USD by 2030.
As the needs and preferences of travellers change, hotels must adapt to meet these demands to increase their occupancy rates and revenue. Sustainability Hospitality & Eco-Tourism These days, Sustainable Hospitality and eco-friendly practices are becoming the norm. If left unchecked, this number is expected to double by 2030.
There’s a new kind of traveler crisscrossing the country: the wellness tourist. This is someone who plans their travel itinerary around vegetable-focused cuisine, hiking, meditation, and other supposedly health-enhancing activities. This group of diners and travelers is growing rapidly. trillion by 2030.
Z is for zero carbon Probably the biggest issue facing the real estate sector – and by extension travel and tourism – is reaching net zero carbon, both in construction and operationally. Governments have set targets, and consumer behaviour is changing, albeit slowly and hampered by the cost of living crisis.
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