What will hospitality look like in 2024?

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To find signposts to the future, look to the traveler: the demand side of the equation.

Dotdash Meredith, Ipsos release new luxury consumer insights at Cannes LionsAccelerating vaccine availability in countries such as the United States and the United Kingdom has given many in the travel and hospitality industries hope for recovery in late 2021/2022.

These trends accelerated during the pandemic, and we have been working with hospitality entrepreneurs creating still more alternatives to traditional hospitality.More than a financial crisis or even a terrorist-related incident such as 9/11, the pandemic of 2020 has impacted people at a deeply psychological level.

With the existing formula tired, and the consumer wanting something different—and more—from travel, what are the implications for hospitality? Travel and hospitality: Smooth sailing likely in 2024, only with more legwork. Image credit: Mohamed Massaun via Unsplash

Editor's Choice Featured Industry Sectors Opinion Travel And Hospitality Collective Work Hospitality Hotels Luxury Luxury Marketing Luxury Retail Regina Connell Travel

 

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