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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. in 2023 (IBISWorld). From 2018-2023, the industry within Australia declined by 4.9%

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LE: Combined top 25 U.S. markets construction pipeline shows YOY growth

Hotel Business

In the Q1 2023 U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE) , LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the top 25 markets in the U.S. Year-over-year, the top 25 markets in the U.S., The top five U.S. The post LE: Combined top 25 U.S.

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LE: Dallas leads U.S. hotel construction pipeline

Hotel Business

hospitality industry, the Q4 2023 U.S. Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. Other markets like Atlanta, Nashville, Inland Empire, Phoenix and Los Angeles follow suit, signifying a dynamic landscape of upcoming projects. Throughout 2023, the U.S.

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LE: Dallas hits all-time-high construction project count

Hotel Business

Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five markets with the largest hotel construction pipelines by projects at Q3 2023 are led by Dallas with an all-time high of 189 projects/21,840 rooms, followed by Atlanta with 140 projects/17,775 rooms and Nashville with 122 projects/16,046 rooms.

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7 Trends Will Change How Hotels Handle Groups and Events Business

Revenue Hub

Bullish Forecasts According to Knowland, groups and meetings business is forecasted to recover to 106.4% of 2019 levels in 2023, and Amadeus reports that 64% of event professionals say their spending increased this year. Based on its Meeting Recovery Forecast , overall meeting volume will surpass 2019 levels in mid-2023.

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