This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
However, the uncertainty and desperate regulatory environments at the state and national level present seemingly relentless headwinds. Numerous shifts in both consumer behavior and the labor market have already left a lasting impact on restaurateurs. In short, “Why should anyone want to work for us?”
at Q3 with 1,912 hotels/285,568 rooms presently under renovation or conversion. Forty of the top 50 markets in the U.S. The renovation and conversion pipeline activity remains strong in the U.S. currently have 10 or more hotels undergoing renovation or conversion at the end of the quarter.
Markets with the greatest number of projects already under construction at the Q1 close are New York with 54 projects/8,682 rooms, Atlanta with 26 projects/4,278 rooms and the Inland Empire of Southern California with 26 projects/2,584 rooms. LE is forecasting the top 50 markets to open 319 new hotels/42,743 rooms in 2023.
At the same time, brands can fortify their position within these optimistic marketforecasts by prioritizing flexibility. This trend presents an opportunity for the events industry to pivot towards offering more intimate, personalized experiences that cater to small groups.
COVID-19 has had a significant impact on consumer behaviors, and with restrictions lifted and consumer confidence increasing, suppliers and operators will need to identify how to maximize the opportunities these trends present.” QSR MarketingForecast. ” F&B Outlook.
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content