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2022 Top Hospitality Industry Trends
What are the latest trends in the hospitality industry? It goes without saying that the pandemic and ensuing economic downturn greater than the 2008 recession and chaos caused by fluctuation in demand have had a significant impact on hospitality throughout 2020 and 2021 - no doubt with lingering effects. Some innovative responses to this extraordinary situation like attempting to entice patrons back into food and beverage outlets and assure holidaygoers that it is indeed safe to enjoy a hotel stay, have accelerated existing hospitality industry trends and triggered lasting change.
Why Spanish hoteliers are still keen on Cuba, despite challenges
Two of Spain’s leading hotel chains with long experience in Cuba are to open new properties on the island nation after several years of hard times and uncertainties and a new bounce in tourism numbers.
Think you need a smart building? Here are 8 real business drivers for adopting real estate tech
Smart buildings - or 'proptech' Yet this linear approach to problem solving is not always fully applied during the development and selection of real estate and smart building technology. There are many great new property technology companies – known as ‘proptech’. They espouse advantages like increased revenues, improved tenant satisfaction and decarbonization, and many of them are extremely effective. But the sheer choice of solutions can complicate the selection process.
Retail and industrial projects could propel China’s garden city hotel development
Could the eastern Chinese city of Suzhou be poised for a high end hotel boom? Known as the City of Gardens, it is a major economic centre within the Jiangsu province and part of the greater Shanghai metro area.
The U.S. Hotel Construction Pipeline Shows Positive Growth Year-Over-Year at Q3 2022 Close
According to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY).