the source for hotel and hospitality trends
According to the Global Muslim Travel Index, Muslim travellers are projected to spend more than $200 billion a year by 2026. As Muslim populations grow in size and affluence, including new converts in the Americas and Europe, demand for halal-compliant travel is rising rapidly.
Wine tourism is a perfect example of experience tourism. It is not just about visiting a winery and tasting wine but involves participating in the harvest, learning about the winemaking process, meeting the winemaker, enjoying a meal paired with views over the vineyards, and more.
Nashville has grown into a major domestic travel destination, supported by a strong tourism industry, robust commercial and industrial growth, and significant meeting and group demand. As tourism growth has normalized and corporate travel is expected to remain below pre-pandemic levels, meeting and group demand growth will be needed to support the continuously expanding hotel supply.
Smaller supply + larger demand equals higher prices for operators.
Information and Telecommunications Systems (IT) is an example of an undistributed department that exhibited above average growth in 2024. From 2023 to 2024, IT Department expenditures at the properties that participated in CBRE’s annual Trends® in the Hotel Industry survey increased by 4.6%, which is greater than the 4.0% increase in total hotel expenses during that period.
The sector is expanding 1.5 times faster than the global economy, generating significant commercial opportunities as long as the mounting challenges of climate change, labour shortages and infrastructure gaps are addressed.
Despite a positive business outlook, European accommodations face significant challenges in hiring skilled staff and adopting new technologies.
Pacific Asia Travel Association (PATA) has released the first edition of Tourism in Focus, a new series of monthly publications designed to capture key tourism trends and developments across the Asia Pacific region and present such crucial information in a concise, accessible format.
The Dominican Republic’s tourism sector is projected to contribute over $21 billion to the national economy by 2025, according to the World Travel and Tourism Council (WTTC).
European airport trade body ACI EUROPE today released its air traffic report for May 2025, revealing continued disparities in passenger traffic performance across the European airport market, as well as a significant drop in freight traffic.