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Challenging Road Ahead for the Hospitality Industry: Critical factors shaping the future of the industry

December, 2017 - The world of hospitality and travel has entered a new era of transformation. A combination of forces, including shifts in the global economy, game-changing innovation, geo-political turmoil, natural disasters, pandemics, and rising consumer demands have been reshaping the marketplace for years. Concurrently, the industry is anticipating a RevPAR growth of 2%, the lowest increase since the beginning of the economic recovery. Continue reading Challenging Road Ahead for the Hospitality Industry: Critical factors shaping the future of the industry