The Hospitality industry as a whole has perhaps seen some of the most significant changes in the way that it operates during the pandemic.
The Hospitality industry as a whole has perhaps seen some of the most significant changes in the way that it operates during the pandemic. The ways in which we travel, both for business and for leisure, have been in flux for over two years. At the 45th Annual NYU International Hospitality Industry Investment Conference, we saw that uncertainty remains an overriding concern within the Hospitality sector. Although leisure destinations are showing continued success, business travel has not yet returned to pre-pandemic levels.
On the other hand, while attending the Independent Lodging Congress Event in Brooklyn, NY, we learned that the future of smaller, independent hotels looks bright. With luxury travel still in demand, many Owners and properties are looking at new and exciting ways to differentiate themselves.
Some of the future trends to look for in the Hospitality industry include:
If you are planning a Hospitality project — or are in the midst of one and have questions — reach out to us through the form linked below.