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WTTC: Consumers shift toward sustainable travel

Hotel Business

A new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism among consumers, with 69% of travelers actively seeking sustainable travel options. But 2023 is looking even better in terms of travelers’ spend.

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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 According to Tourism Australia, there were 2.2 in 2023, with domestic travel increasing by 16.9%

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Hospitality Industry News and Reports

SiteMinder

Table of contents Latest news in the hospitality industry A year of increased stability and growth At the beginning of 2023 the focus was firmly on growth, particularly given the effects of COVID on the travel sector over the preceding years. Almost one in five hotel rooms booked online are cancelled prior to travel.

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Spring Budget 2024: How it will affect hospitality businesses

Serviced Apartments

However, this was not the case and we will continue to see our tourism sector decline as European cities cash in on our government’s poor decisions. per cent this year and grow by a further 1.9 per cent next year [0.5 per cent this year and grow by a further 1.9 per cent next year [0.5 per cent this year and grow by a further 1.9

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IHM’s topsy-turvy Z-A: What to expect in hospitality and real estate in 2023

Boutique Hotel News

Z is for zero carbon Probably the biggest issue facing the real estate sector – and by extension travel and tourism – is reaching net zero carbon, both in construction and operationally. Having a period without travel has made people appreciate their holidays even more.”

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Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

A recent report by Aptamind Partners, supported by the World Travel & Tourism Council [WTTC], found that in the top 23 listed hotel companies, zero per cent of women had progressed into leadership roles [specifically CEO and chairman] since 2019.

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Earth Day action: Sustainability in hospitality and real estate

Boutique Hotel News

For example, sustainability targets under Future Planet include net zero scope one and two carbon emissions by 2030, and for our supply chain to be ISO14001 accredited by 2025. Adrian Gardiner, chairman, Mantis Collection : “The most important sustainability measure within our business is responsible tourism.