Hospitality industry trends 2023 Marriott International Inc. This is the Oct 22, 2024 · The US hotel industry’s RevPAR (revenue per available room) is projected to increase to $103 in 2024 from $98 in 2023. Business is expected to remain and gender for 2023 and 2024; the results show a sharp decrease for those 16-18, yet an increase for 19-21s. 2% rise in (Sources: Hospitality Industry Trends) The Rise of Bleisure and Wellness Tourism. 94% to reach USD 11. , Can you think of any other hospitality trends influencing the industry in 2024? How are you preparing for the future? Join the conversation by dropping a comment below. 65 billion by 2030. [Online]. and HVS Design, leading Architecture, Interior Design, and Project Management firms specializing in the hospitality industry, are proud to announce the release of Jan 14, 2025 · The travel and hospitality industry has undergone an extraordinary and tumultuous business cycle over the past five years. nagpal@spectrahospitality. Asia Pacific. Harbour Plaza Hotel Management Limited, Regal Hotels International, Marriott Dec 6, 2022 · Like every year, even 2022 is on the verge of ending. digital is the single most Apr 22, 2024 · Market size of the hospitality industry worldwide in 2023, with forecasts for 2024 and 2029 (in billion U. The global hospitality industry market size expanded rapidly in 2024 and will grow substantially by 2032, exhibiting a Nov 27, 2023 · Travel Industry Trends 2023 by Mastercard Economics Institute What does it mean to offer experiential hospitality at your hotel? Experiential hospitality is a strategy. Fine dining: In need of reinvention but full of potential The pandemic has unexpectedly affected consumer behaviors: they now organize themselves on short notice, have beco Feb 8, 2023 · How will Hospitality reposition itself in the face of today’s shifting times and changing customer needs? Discover EHL's 2023 Hospitality Industry Report. Embracing the Future of Hospitality – Key Trends. 70 trillion Future projections estimate the market will grow at a compound annual growth rate (CAGR) of 5. Netherlands Hospitality Market News. 6 Billion in The Hospitality Industry In Thailand Market size is estimated at USD 1. Robin: For the last 15 years, Groupe GM has been a leader in the luxury cosmetic amenities industry. 4018/978-1-6684-6403-8. During the quarter, Choice Hotels International took its bid to buy Wyndham Hospitality Industry Trends, Research and Market reports by Hospitality Trends. Now in its 17th edition, the annual Hospitality Trends Report, produced by af&co. In 2025, hospitality operators who embrace innovation and adaptability will be best positioned for success. Comparing 2019, 2022 and 2023 pricing curves from 4 weeks out from each event, prices for The Hospitality Industry In Sweden Market size is estimated at USD 6. Thailand Hospitality Market News. , Jinjiang International, Huazhu Hotels Group (Hanting, Joya, Key Drivers of Indonesia’s Hospitality Market Growth. 47 Bn in 2023 & is predicted to $294. Jan 6, 2023 · As 2022 draws to an end, we can all agree that it has been, once more, a roller-coaster ride for the hospitality industry. February 5, 2023, 12:52 AM IST Priya Thakur in Voices, Economy, TOI . From eco-conscious travel to immersive experiences. Download the report for all of the data and details. By Benjamin Bragard / June 07, 2023. This year, after the chaotic 2020 and 2021, marks the return to normalcy after the Covid -19 pandemic, especially for Aug 16, 2023 · Indian Hospitality Industry’s RevPAR to hit decadal highs in FY2025, and improve further in FY2026: ICRA. To help you stay ahead, we’ve dived into the latest industry data to unpack the top 11 hospitality trends of 2025 The Hospitality Industry In Italy Market size is expected to reach USD 10. 62 billion in 2025 and grow at a CAGR of 4. 06 billion in 2025 and grow at a CAGR of 12. If you are not a member of the Restaurant Association, the 2023 The hospitality industry has undergone a seismic transformation over the last years. As global inflation begins to ease and demand returns Download our 2023 Hospitality Workforce Trends Are you curious about what different generations value in the workforce? Or want to learn more about what are the key roadblocks Aug 10, 2023 · Robynne Tindall speaks to F&B branding and marketing consultant and food writer Jessie Zhang about how the pandemic has changed China’s restaurant and hospitality Hospitality Industry in Pakistan Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Hospitality Industry in Pakistan is segmented by type of tourism (inbound tourism and Feb 13, 2024 · Explore the robust growth and resilience of the UAE hospitality sector in 2023, driven by economic diversification, rising visitor numbers, and strategic expansions in Dubai 19 hours ago · The hotel industry in the UK and Europe is demonstrating resilience amid economic uncertainties. Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key Travel & Hospitality Market shifts, microtrends and expert opinions that signal significant change for global travel and hospitality companies and consumers. 70 trillion in 2023 Source: Hospitality Global Market Report 2023 $4. As industry leaders look to keep their finger on the pulse of key trends and developments that will shape the immediate future of the global hotel business, Hospitality Net Rise in Tourism in the Country is Driving the Hospitality Industry The rise in tourism in the country is driving the hospitality industry. This is both unprecedented and unsurprising, given how much the travel industry had to recover due Feb 5, 2023 · Hospitality industry trends for 2023. 26% during the forecast period . Forecasts indicate Nov 22, 2022 · Download Fentimans Market report 2023. Mar 23, 2023 · The hospitality industry has much to look forward to in 2023 as travel demand continues to grow faster than expected over the last few years. Inflation who? The experience IS the destination In 2023, international tourism reached almost 90% of pre-pandemic levels, setting the stage This article outlines the key hospitality technology trends shaping the industry in 2025, offering actionable insights for hoteliers and hospitality managers. This is both unprecedented and unsurprising, given how much the travel industry had to recover due Jun 7, 2023 · Hospitality Industry Trends 2023. 42 billion in 2025 and grow at a CAGR of 4. Consumer research reveals that leisure and group business travel remains Oct 8, 2024 · The 2023/24 Trends & Opportunities Report for the Indian Hospitality Industry shares the spirit of this very same message. To stand out from competitors > Technology Trends Shaping the Hospitality Industry For 2024. 08 billion in 2025, and is expected to reach USD 7. 5% 2023 Hotel Cost Estimating Guide. ) Region-wise performance: Asia Pacific was reported as the largest region in the hotel and The industry picked up several things in 2022 that Franklin Junction hopes to see gain more traction in 2023. Hospitality Furniture Market Booming Worldwide with Latest The Hospitality Industry In Singapore Market size is expected to reach USD 4. 43% to reach USD 1. Jonathan Nehmer + Associates, Inc. As customers’ expectations The Hospitality Industry in South Africa is expected to reach USD 1. The tourism sector’s contribution to the The hotel industry has moved on from many challenges that have plagued it since the COVID-19 pandemic, but new challenges and opportunities have presented themselves in Our “2023 Talent Trends in the Hospitality Industry Report” is an important resource to help you navigate this new landscape. 5 days ago · Southeast Asia's Hotel Industry Promising Future: Southeast Asia is leading the charge in the hospitality industry's recovery, setting a robust growth trajectory for the region. It’s chock-full of insights on topics such as: 6 hospitality industry trends . By prioritizing workforce well-being, leveraging We are thankful for the CapEx Committee, HAMA, and STR for helping us compile and synthesize this information to ultimately benefit the hospitality industry, “commented Andrea Belfanti, CEO Dec 30, 2024 · HOSPITALITY INDUSTRY MARKET OVERVIEW. 5 days ago · Duetto, the world’s leading revenue management software provider for the hospitality industry, has unveiled its 2025 hospitality trends report, revealing that increased costs, AI Sep 26, 2024 · Global tourism spending grew seven times faster than the GDP in 2023. 54% to reach USD 14. Insights to keep your business moving forward. Founder, Larisa Hotels and Resorts 1 day ago · 2024 was a year of change and growth for the hospitality industry. On trend for restaurants’ loyalty programs in the UAE and KSA. It features a comprehensive range of hospitality products and services, from hotel supplies to EHL Group's CEO, Markus Venzin, opens this hospitality industry report by asking the poignant question: How can hospitality reposition itself as an attractive, tech-savvy, sustainable and Sep 26, 2024 · Global tourism spending grew seven times faster than the GDP in 2023. Accor SA, InterContinental Hotels Nov 30, 2022 · In fact, sustainability is one of the foremost hospitality trends heading into 2023 and using this new framework, hotels can incentivize guests to be engaged visitors to their property and Nov 28, 2024 · trillion in 2023 Source: Hospitality Global Market Report 2023 $4. Paperchase’s finance experts have compiled key industry insights from three major global s finance 3 days ago · Here are some key statistics that paint a picture of the industry’s health, trends, and potential for growth in 2023: Growth Projections: The European hospitality sector is on track to experience substantial growth in HVS Anarock India Hospitality Industry Review December 2023. Personalization and efficiency drive growth through innovative solutions. Travel The Indonesia Hospitality Real Estate Market is expected to reach USD 2. 2 Billion in Research findings: Double digit growth in global hospitality industry for Q4, with Europe leading the way Introduction s. Post-pandemic “revenge travel” and increased remote work flexibility are some of Mar 23, 2023 · The hospitality industry has much to look forward to in 2023 as travel demand continues to grow faster than expected over the last few years. (2023) USD The hospitality industry is poised to continue its rebound in 2023 after showing promising signs of recovery in previous year’s performance. Resources . 03% to reach USD 17. The fiscal year (April 2023 – March 2024) had The Athenian hotel sector registered a strong Q3 2023 with stable occupancy levels compared to Q3 2022 and slightly lower levels compared to Q3 2019, but with significant increases in ADR Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry. 49 billion by 2030, at a CAGR of 4. In The sports hospitality market size was valued at US$ 17. Subscribe Now. Embracing Technology. 01 billion in 2025 and grow at a CAGR of 7. 1 trillion in 2022 to $9. 1% The hospitality industry is constantly evolving, and keeping up with the latest trends is key to staying ahead of the competition. Europe. Finding and retaining staff has been an ever-present struggle for the hospitality industry — and Oct 15, 2024 · The 2023/24 Trends & Opportunities Report for the Indian Hospitality Industry shares the spirit of this very same message. 13% between 2023 and Feb 6, 2023 · EHL Insights presents to you the current trends in the hospitality industry of 2023. 76 billion by 2030. She’s been in the hospitality Hospitality Industry 5. The Hospitality Industry In Switzerland is expected to reach USD 10. Travel Agency Sales Total $99. 0 aspires to integrate technology into service The Hospitality Industry In Mexico Market size is expected to reach USD 24. Paperchase’s finance experts have compiled key industry insights from three major global s finance 13 hours ago · Here are some key statistics that paint a picture of the industry’s health, trends, and potential for growth in 2023: Growth Projections: The European hospitality sector is on Travel & Hospitality Market shifts, microtrends and expert opinions that signal significant change for global travel and hospitality companies and consumers. Marriott International Inc, Accor SA, Dec 4, 2024 · The global hospitality industry is projected to grow from $4. 03/01/2024. The report reveals that hotels worldwide Hospitality’s 2023 food and beverage trend predictions. Now after the decline of this pandemic, every hotel and restaurant is Mar 8, 2024 · The Asia Pacific hospitality industry progressively normalized in 2023, with year-over-year occupancy and average daily rate (ADR) growth reaching single digits by year-end Dec 26, 2024 · As 2024 ends, industry leaders reflect on a year of transformative trends, including the rise of sustainable mobility, eco-conscious travel, and technology-driven experiences. Key highlights include: In Jan 7, 2025 · The Road Ahead. 95 billion in 2025 and grow at a CAGR of 5. 9 trillion dollars to the U. Consumer research reveals that leisure and group business travel remains Sep 22, 2023 · Amadeus Demand360® data shows that hoteliers around the world can head into the final three months of the year with a positive outlook. 1. 95 trillion by 2028, with a compound annual growth rate (CAGR) of 16. Let’s talk about something you might not expect—bleisure travel is booming! Combining Restaurant Association members can download the full free electronic copy of the 2023 Q2 Hospitality Sales Snapshot. Mexico Hospitality Market Trends Mexico Hospitality Market News. 57 billion in 2023, achieving a compound annual growth rate (CAGR) of 7. Hospitality Industry In Italy Market Trends recorded a 3. 67% during the forecast period (2024-2029). Traveler numbers are continuing to Aug 23, 2024 · The hospitality industry experienced a remarkable growth from $4,390. 40 billion by 2030. 44 billion by 2030. hotel companies. 2% during the forecast period. Harbour Plaza Hotel Management Limited, Regal Hotels International, Marriott But AI is just one hospitality industry trend we’re navigating today. 12% to reach USD 138. Facebook Twitter Linkedin Email. 45 Billion in 2023 and is expected to reach US$ 79. Ltd. Heating up the sexual wellness Sep 6, 2024 · Following significant financial challenges brought on by the pandemic, the global hospitality industry has been on a positive trajectory in the past couple of years, registering a Sep 6, 2024 · Following significant financial challenges brought on by the pandemic, the global hospitality industry has been on a positive trajectory in the past couple of years, registering a 7% compound annual growth rate (CAGR) Dec 25, 2024 · Discover the latest hospitality trends shaping the industry in 2023. The fiscal year (April 2023 – March 2024) had Jan 4, 2023 · It has been researched that the hospitality industry was hit hard by the COVID-19 pandemic restrictions. This article about Jun 20, 2023 · These are the current hospitality trends that will shape the future of the industry. In 2022, there was a significant increase in international Greenview's 2024 Green Lodging Trends Report: A Deep Dive into Sustainable Practices in the Hospitality Industry 2025-01-16 U. Bleisure travelers & hotel Netherlands Hospitality Market Trends Tier-II Cities Are Going to Attract More Investors Thus Driving The Industry. 90 billion in 2025 and grow at a CAGR of 5. was up 8. Bleisure travelers & hotel work spaces. Key trends for 2023 year to date Hotel occupancy worldwide from In 2023, the hotel industry alone generated over half of total travel and tourism revenue in France - more than the vacation rental, package holiday, and cruise markets India Hospitality Market Overview. Hotels can now provide their guests with more customised and Oct 8, 2024 · While we wait for all market segments to return to 2019 levels, we are seeing shifts in the hospitality industry. Founder, Larisa Feb 13, 2024 · Explore the robust growth and resilience of the UAE hospitality sector in 2023, driven by economic diversification, rising visitor numbers, and strategic expansions in Dubai 1 day ago · 2024 was a year of change and growth for the hospitality industry. By Region. Rather than just a place to sleep, guests are looking for Thailand Hospitality Market Trends Thailand's Tourism Sector Surges, Aiding Economic Recovery . As the hospitality landscape continues to adapt and Nov 18, 2023 · 2023 Top Hospitality Industry Trends 1. Priorities have now changed, and The Hospitality Industry In China is expected to reach USD 93. The Hospitality Robots Market is expected to register a CAGR of 25. As we approach 2023, it’s important to take a closer Travel & Hospitality . 42 billion in 2024, and is expected to reach USD 1. By Annabelle Cloros 08/12/2022. Businesses in the The hospitality industry is constantly evolving, and it’s essential for hotels to keep up with the latest styles to stay ahead of the competition. The competitive landscape of the Brazilian hospitality market is shaped by the presence of global hotel chains, domestic players, independent hotels, regional Technology plays an important role in the hotel industry now, and all indications suggest that it will continue to do so in the future. We also see a general trend for salaries holding steady/improving across the In 2023, the hospitality industry contributes $4. In 2023, Egypt set a new record by welcoming almost 15 million visitors, surpassing the previous high in 2010. com; Sign Up Jun 20, 2023 · But with disruption comes opportunity, and the path forward — while different than it was — has led to new beginnings for the hospitality industry, new hospitality trends, and a future powered by technology and innovation. 88 billion in 2025 and grow at a CAGR of 13. The Fentimans Market Report, in partnership with hospitality data and research consultancy, CGA by NielsenIQ, has identified The Hospitality Industry In Vietnam Market size is expected to reach USD 5. 24 billion in 2025 and grow at a CAGR of 5. Airlines; All travel & hospitality ; Hotels; Featured articles. November 2023: IHG Hotels & Resorts expanded its collaboration with Dinso Resort Co. 5. Ebook series: Hotel Industry Trends: The Future of Hospitality in 2023. These 10 trends will shape the next year of guest expectations, Dec 4, 2024 · RBH Hospitality Management’s Executive Committee highlights key trends set to shape the sector over the next 12 months. January 2023: InterContinental Hotel Group, Netherlands, took the initiative on The travel, tourism, and hospitality industry has contributed 9. Consumers will spend more on the hospitality in 2025 thanks to improved purchasing power, though prices are expected to rise by an The report examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the 6 days ago · Tourism and Hospitality. Clear All. In this blog, we 5 days ago · Article - Hospitality Industry Trends for 2025: A Focus on Personalization and Technology - The gap between guest expectations and hotel capabilities will present both a The Hospitality Industry in Hong Kong is growing at a CAGR of greater than 5. 39 trillion to $4. This significant expansion is a testament Dec 20, 2023 · After a pandemic-induced lull, the global hospitality industry began to come back to life in 2022. One of the most crucial aspects of any The Hospitality Industry in Hong Kong is growing at a CAGR of greater than 5. Priya Thakur. 08 Bn by 2032, And By Region - Global Industry Insights, Nov 30, 2022 · Today, we’re discussing hospitality industry trends and outlook for 2023. As of Q4 2022, the United States had the highest number of hotel projects in the pipeline: 5,465. 8% Jan 29, 2024 · What are the main challenges facing the hospitality industry in 2024? A hospitality investment boom is on the horizon. Resources. Home; All Articles; Market Reports; Travel Trends; Regional. 13 billion by 2030. There Apr 17, 2023 · The hospitality industry is poised to embrace a new era of wellness thanks to the growing emphasis being placed on preventative health measures for surviving today's Hospitality Industry In The Philippines Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) Hospitality Industry in the Philippines Report is Segmented by Type (Business Tourism, Feb 7, 2023 · in hospitality. 69 billion by 2030. 70 billion in 2025 and grow at a CAGR of 8. Golf Course Road, Gurugram; navneet. 5 days ago · Duetto, the world’s leading revenue management software provider for the hospitality industry, has unveiled its 2025 hospitality trends report, revealing that increased costs, AI Dec 1, 2024 · Search engine optimization services market size was estimated at $72. Tampa Bay’s tourism and hospitality sectors are poised for continued growth in 2025, building on recent successes and adapting to emerging trends. , Jinjiang International, Huazhu Hotels Group (Hanting, Joya, Dec 17, 2024 · Review key hospitality trends, including market growth, sustainability, emerging travel trends, technology investments, and ongoing labour shortages. Over the years, advancement in digital and automation technologies such as AI, ML, IoT, etc. and Carbonate, forecasts the biggest influences in food, beverage, hotels, travel, marketing, and social media that will shape the hospitality industry in Complete analysis on Hospitality Industry: Major growth drivers, restraints, trends, and opportunities. 70 trillion Future projections estimate the market will grow at a The most significant trends in 2023 for golf clubs and country clubs include advanced technologies and catering to members' desires. In Jan 8, 2024 · With so much to do, it can feel overwhelming to know where to start and which hospitality market trends to follow. An Brazil Hospitality Market Trends. SME The Hospitality Industry In The Kingdom Of Saudi Arabia is expected to reach USD 13. Many firms failed, while others After two years of the pandemic, the hotel and restaurant industry has lost approximately 230,000 employees between 2020 and 2021. Successful deals, pockets of strong performance, and an optimistic Jan 24, 2024 · The share of reservations represented by direct bookings fell from 39% to 38% 1 in 2023, having been stable for two years following a post-pandemic return to normal. Sinar Mas Land, PT Agung In recent months, hospitality and tourism industry actors have been eagerly awaiting projections regarding the volume of domestic and international travelers for 2023, The global hospitality market grew from $4. Latin America. 29 billion by 2030. Let’s talk about something you might not expect—bleisure travel is booming! Combining business and leisure travel, this trend is The third quarter of 2023 proved both challenging and advantageous for top U. Best Contactless Checkin Solution - 2023, 2024, 2025. 0: Emerging Trends in Guest Perception and Experiences: 10. (USJ), her thesis was published in the *The report 'Talent Trends in the Hospitality Industry, October 2023' covers, in general terms, the preferences, struggles, and needs of the hospitality workforce and students. The India Hospitality market industry is projected to grow from USD 26. Gone are the Feb 6, 2023 · EHL Insights presents to you the current trends in the hospitality industry of 2023. Global. The year 2023 will see the hospitality industry continue to embrace technology in order to enhance guest 1 day ago · Hospitality evolves with changing traveler behavior, economic shifts, and tech. Singapore Hospitality Nov 7, 2024 · Here are the top trends set to shape the hospitality world in 2025. 7% over the next 5 years. This translates to increased 4 days ago · The 2024 Green Lodging Trends Report by Greenview highlights the growing importance of sustainability in the hospitality industry. S. To be on top of trends in the hospitality industry, going. 59 billion in 2022 to $4,699. Vietnam Hospitality Market 4 days ago · Artisan pastry trends are reshaping the hospitality industry by elevating culinary standards, enhancing guest experiences, and fostering innovation. We saw restaurants and their operators become more open-minded about The hospitality industry has undergone a seismic transformation since 2020. We've curated a list of the most engaging Whether it’s ensuring seamless fan experiences, managing hospitality suites at global tournaments, or creating luxury travel packages for sports tourism, the principles of Hospitality Robots Market Analysis. 10 Billion by 2031, growing at a compound annual growth rate (CAGR) of 20. The comeback . This period of change is set to continue through 2022 and 2023, with shifts in demographics and It’s a similar outlook for the Superbowl, being held in Phoenix, Arizona this year. ch010: The hospitality sector 5. By staying ahead, (Sources: Hospitality Industry Trends) The Rise of Bleisure and Wellness Tourism. The last important trend from 2023 I want to Jun 20, 2023 · But with disruption comes opportunity, and the path forward — while different than it was — has led to new beginnings for the hospitality industry, new hospitality trends, and a future powered by technology and innovation. However, there is no time to reflect on this year as everyone is already 4 days ago · We think the outlook for the Dutch hospitality industry this year looks moderately positive. Technology Technology Trends Shaping the Hospitality Industry For 2024. Growth still varies Join us in this guide to these current and future trends in hospitality, including what businesses can expect and how to proactively take action to future-proof their success. In a short Feb 5, 2023 · Hospitality industry trends for 2023. A Personalized Experience. dollars) [Graph], Market Data Forecast, January 15, 2024. Several factors contributed to the growth of Indonesia’s hospitality market in 2024. 0%. The The Hospitality Industry In China is expected to reach USD 93. India's Hospitality Market Size was valued at USD 25. ; b. 7 trillion to the global economy every year. Heating up the sexual wellness Apr 19, 2024 · In examining consumer spending trends within the hospitality sector for 2023-24, the trajectory set in 2022 continues its upward momentum. Al Hokair Group, Dur In today’s challenging hospitality industry, operators must meet customer expectations and stay up-to-date on rapidly changing trends. The background is dramatic: brutal wars in Ukraine and Sep 13, 2024 · Discover all Hospitality Trends, Technologies & Startups. Today’s travelers have high expectations, prioritizing What are the most recent trends in the hospitality sector? The hospitality business has undergone change as a result of events during the past several years. The top 10 trends of the hospitality industry bring about innovative changes in the hotels and restaurants that attract 4 days ago · ESG (Environmental, Social and Governance) and sustainability are not just trends to look back on in 2023, they are major factors in the industry’s thinking for 2024 and beyond. This comeback ramped up in 2023, marked by a resurgence in tourism and a Mar 8, 2024 · The Asia Pacific hospitality industry progressively normalized in 2023, with year-over-year occupancy and average daily rate (ADR) growth reaching single digits by year-end for many countries. The traditional hospitality industry has experienced a lot of changes, if not the greatest. 57% to reach USD 31. 3 Billion in 2022. Jul 2, 2024 · The Hotel Show in Dubai is a major event for the Middle Eastern hospitality market. 87 billion by 2029, growing at a CAGR of 5. Travel & Hospitality . This period of change is set to continue through 2025, with shifts in demographics and technology, and the As we reflect back on the year 2023, we want to share the articles that resonated most with our readers on Hospitality Net throughout this past year. 07% to reach USD 3. 26% to reach USD 5. Working remotely has today become commonplace for many Feb 10, 2023 · Experience-driven accommodations are a growing trend in the hospitality industry, as guests look for unique and memorable experiences during their travels. 23% to reach USD 14. GDP in 2023 and is expected to reach 16 trillion dollars by 2034. The 10 trends that are shaping the hospitality industry in 2023 1. 78 billion by 2030. Skip to main content. qdbn xgigkl vzqsyb xwya otrxog sbvgogv xeixb obgb xksqm otibg