4Hoteliers
SEARCH
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Trends that matter in hospitality.
Tuesday, 18th April 2017
Source : Yeoh Siew Hoon

What are the trends that matter in hospitality? In a one-on-one with WIT founder Yeoh Siew Hoon, Lorraine Sileo, vice president research, Phocuswright shared these insights at WIT Hospitality in Hong Kong.

What are the biggest trends in hospitality

  1. Room revenue is on the rise, growing faster than the market as a whole, not to mention how capacity keeps rising due to the rise of private accommodation
  2. Online is soaring, especially in Asia â€" and contrary to what you think, it’s not JUST because of mobile
  3. The online battle between hotels and OTAs continues to rage
  4. Private accommodation makes impact on the hospitality space
  5. Hotels fight back through innovation

How healthy is the hotel market right now?


Hotel room revenue is continuing to climb, reaching half a trillion dollars worldwide.

Hotels represent nearly 40% of the global travel market. And room revenue is growing at healthy mid to high single digits, which is a bit faster than the travel market as a whole.

Read the full story here.

 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2025 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy