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Deloitte releases 2018 Travel & Hospitality Industry Outlook [REPORT]
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23 January 2018 (Edited )

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Deloitte

David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
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David
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Posted 23 January 2018:

This report is a 20-page PDF that anyone managing a travel, tourism or hospitality organization ought to read.

Here's a teaser:

  • Travel is one of the largest and fastest-growing industry sectors in the world: $1.6T in bookings, 10.2% of global GDP.
  • US inbound travel has grown by 72% in the past 20 years.
  • Drivers: healthy economy, consumer spending, airline competition. corporate travel, spending shift from products to experiences.
  • Hotel brands that fail to innovate risk losing share.
  • Emerging technologies can unlock incredible solutions for airlines.
  • Americans now spend 44% of their food budget on eating out.

There are many opportunities right now in the travel/tourism/hospitality industries. You just need a good plan, and excellent execution.

Good weather often helps, of course.

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