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Key predictions include: The generational changing of the guard: Hoteliers are getting serious about the growing travel demand driven by both experienced and first-time travelers. Focusing on personalized, curated experiences will be key to enhancing the guest experience.
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%.
Here’s a detailed breakdown of the importance of bleisure travel for hotels and how to attract more bleisure travellers to quadruple your business profitability. . Amidst all of this, what once used to be strict “business-related travel” has now evolved progressively with a hint of “leisure and enjoyment”.
In this blog, well explore how hoteliers in India, especially in nearby cities like Varanasi, Gorakhpur, Chitrakoot, Lucknow, and Ayodhya, can prepare to accommodate the surge in travelers and capitalize on this once-in-a-lifetime event. billion) in economic activity, with a significant portion benefiting the hospitality and tourism sectors.
Visit Group, a leading hospitality and travel tech provider, has partnered strategically with Atomize, a global hotel revenue management software frontrunner. This collaboration aims to create a next-generation and full-service AI-driven technology platform catering to the travel and hospitality sector worldwide.
It’s impacted almost every part of our lives, from how we work and shop to how we travel and entertain ourselves. Once the government’s ‘ one-way road to freedom ’ was announced earlier in the year, UK travel companies cited a huge surge in enquiries from people keen to holiday on home ground this summer.
Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.
Dynamic pricing strategies: Move beyond static pricing and adopt dynamic pricing for rooms. Utilize data analytics to forecast demand accurately and adjust prices in real-time. Read Also: What is Dynamic Pricing in Hotels? Offer tiered packages to cater to different budget levels.
Stealth Health and More New research reveals the top trends set to shake up American menus in 2025, with caraflex cabbage and functional plants stealing the spotlight, condiments like hot honey making waves, and food tourism content fueling a craving for authentic global flavors.
What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?
Explore the leading tourism companies in Dubai 1st August, 2024 In this article Dubai tourism companies What it’s like to work for a tourism company How to prepare for tourism jobs Known for its breathtaking skyline, luxurious lifestyle and lively culture, Dubai has become one of the world’s top travel destinations.
2) World-class Hospitality & Tourism Dubai’s hospitality is legendary, where luxury and warmth converge to create a memorable guest experience. 2) World-class Hospitality & Tourism Dubai’s hospitality is legendary, where luxury and warmth converge to create a memorable guest experience.
The staycation trend has seen an unprecedented surge in popularity, particularly in the wake of global events that have restricted international travel, particularly due to the covid-19 pandemic. The appeal lies in the convenience, reduced travel costs, and the opportunity to explore local attractions that might otherwise be overlooked.
In urban areas like London or Manchester, chain hotels are popular among business travellers and tourists who appreciate the convenience and predictability they offer amidst the hustle and bustle of city life.
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.
Doesn’t it sound appealing to transform your tourism business from a small-scale endeavor that struggles for attention into an enterprise that is sought after, thriving and successful? What is tourism marketing? Essentially, any technique that encourages travelers to choose one particular destination over others.
What are Chinese travellers? Chinese travellers are individuals residing in China who travel domestically within their country or internationally to various destinations around the world. Table of contents Why should you capture the attention of Chinese travellers?
What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4
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.
The importance of the price of offering lowered from 78 percent to 50 percent. Prioritizing price amidst COVID-19 fell by almost half among those ages 60+, from 78 percent considering it a top-three factor prior to the outbreak to 41 percent now. consumers—falling 2.5 percent to an ACSI score of 79.
Modern travellers seek enhanced personalised experiences and seamless technology integration. Moreover, the rising number of online booking platforms and alternative accommodation providers has intensified competition, and recent studies show that the average traveller looks at 38 different websites before committing to accommodation.
It also includes chains and independent stores in a variety of locations, including leisure, accommodation, retail, and travel. Restaurants and retailers seized the opportunity to showcase Qatar’s unique culinary and cultural offerings while adopting innovative strategies to cater to diverse preferences.
What challenges are you facing with both menu creation and sourcing the right suppliers at the right price? Having a Michelin star definitely draws a community of committed foodies, it almost like food tourism as people make their way across the country and continents picking off the Michelin starred establishments!
Preet is an F&B brand conceptualizer, independent culinary tourism strategist & food curator for events, destinations, and food courts with more than 8 years experience of working in the hospitality industry. She is one of the culinary tourism consultants for the ESP Culinary Consulting board.
Some of the most prominent organisations that determine hotel star ratings include: Australia – Quality Tourism Australia. The UN World Tourism Organisation also works to improve tourism competitiveness, promote sustainability and regulate standards. USA – American Automobile Association.
“They’ve had to basically adapt and change their entire business model,” says Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management (STHM) at Temple University. Asia Center for Tourism and Hospitality Research, the road to recovery could still be a long one. The Big Value Shift.
Nearly a half (48 percent) of consumers are looking to pre-made/catered dinners, meal kits and takeout for their holiday meals. Consumers are looking towards pre-made/catered meals (15 percent), take-out (18 percent), and meal kits (15 percent) in place of meal prep for one of their holiday or New Year’s meals.
Why Hourly Bookings Matter Hourly bookings appeal to multiple guest segments , i.e., companies, remote workers, travelers looking to relax between flights or before an event, locals, and road warriors (they can pull off the highway for a quick nap!). How to Attract Hourly Bookers Hourly bookers seek comfortable spaces and quality amenities.
Internet fees and telephone call surcharges While basic Wi-Fi might be complimentary, premium internet services or international calls can incur additional fees, catering to the needs of business travellers. Depending on where you’re operating, taxes may be included in the room price (e.g. Stay away!”.
With its rich cultural heritage, eco-friendly tourism, and renowned Ayurvedic practices, Kerala is often referred to as “God’s Own Country.” 8) Environmental Conservation Kerala has been at the forefront of eco-conservation efforts, with initiatives like responsible tourism, sustainable agriculture & wildlife protection.
Hotels are a crucial part of any travel experience, and every year the dynamics of travel and hospitality keep on changing. Meaning, accommodation providers need to constantly upgrade themselves to cater to the needs and wants of people. Furthermore, new travel trends are expected to show up in 2023. are to name a few.
With 2023 already consigned to history as the year of tourism recovery, the hospitality industry – starting in 2024 – now finds itself facing a scenario where actors who began making waves a few years ago are now consolidating their positions. Technology is, ultimately, the only path to survive and stand out in the tourism sector.
The thriving hospitality scene in Dubai The hospitality industry in Dubai has experienced remarkable growth over the years, to the point where hospitality in the UAE is expected to make 7 billion USD by 2026 , evolving into a global hotspot for tourism and hospitality. Why work in hospitality in Dubai?
They’re adapting to the shifting preferences of modern travelers by bringing sustainability, technology, and experiential travel to the forefront. Prioritizing Sustainability As travelers become increasingly conscious of their environmental footprint, hotel sustainability has moved to the center of hotel development.
Airbnb is best described as being in the tourism industry or the sharing economy. Higher price points: Some customers may be put off by the higher price of hotels compared to holiday lets such as Airbnb. Hotels might find it difficult to grow profitability as their higher price point may put off some customers.
What is the difference between destination management companies and travel agencies? Destination management companies (DMCs) and travel agencies serve different purposes in the travel and tourism industry. Supplier and vendor management : Coordinating with local suppliers for accommodations, catering, and services.
Fast-Casual Fast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants. titled Pricing Strategies Driving Restaurant Visits in 2024. Shake Shack is thriving even as it raises prices. The fast-casual burger chain increased prices by 2.5 percent year-over-year, compared to 0.4
The uplift in revenue and improved margins are testament of Ascott’s ability to leverage pricing power and meet market demand, contributing to an overall enhanced financial performance of the Oakwood portfolio post-acquisition.
Examples of booking channels include your own website, online travel agents like Booking.com, metasearch sites like Google, traditional travel agencies, global distribution systems (GDS), and more. These booking channels are a ticket to accessing the millions of travellers around the world who could potentially be your guest.
This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. It can take time to get everything right and as we can see there’s a lot to be aware of.
Understanding hotel management Managing a hotel or other tourism venue covers a broad range of roles and responsibilities, all of which are vital to the success of the business. Hospitality and tourism management fundamentals All hospitality education courses should include a comprehensive understanding of the key industry basics.
The goal is to maximize income by strategically pricing and controlling inventory, finding a balance between rates, demand and occupancy. Skilled hospitality managers employ data analysis to anticipate consumer behavior, which helps them make profitable pricing decisions.By
Some of the main current trends are: Sector growth: the hotel and tourism industry accounts for 10% of worldwide GDP and turnover is steadily growing, making it a good opportunity for new businesses Technology integration: the hotel management industry is using more and more technology to improve guest experiences and streamline operations.
Without economic or political leverage, Isan is stuck in a kind of catch-22: too poor to build enough infrastructure to attract tourists, yet not enough tourism money to rise out of poverty. Now with Michelin and Asia’s 50 Best Restaurants, people travel for food. They’re looking for something different.”
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