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Spring Budget 2024: How it will affect hospitality businesses

Serviced Apartments

UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000. In today’s Spring Budget, Hunt outlined plans to increase the VAT registration threshold from £85,000 to £90,000 for small businesses.

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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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Tourism trends: Domestic and international tourist market

SiteMinder

What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?

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The bright future of sustainable tourism

Hotel Owner

Sustainable tourism is a term that means different things to different owners and operators in this fragmented tourism industry and therefore risks becoming meaningless if greenwashing is allowed to continue. In these most urgent of times, we are living in a polarised world with a crisis of trust and human-induced climate emergencies.

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2024 Budget Planning: What Is Top of Mind for Hotel Owners & Operators?

Revenue Hub

Budget season is upon us, and around the world hotel owners and operators are buried deep in data trying to come up with 2024 performance numbers. NB: This is an article from Hotstats What unique challenges are hotels facing in the 2024 budgeting and planning process? HotStats reached out to global hotel leaders to find out.

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Upscale Food & Beverage in Your Hotel’s Self-Serve & Vending Revenue Centers

Hospitality Net

Even though tourism and travel has nearly recovered since before the pandemic, hotels are still short on labor.

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How Are The Different Generations Traveling?

Revenue Hub

The hospitality and tourism industry has always come up with names to describe cohorts of travelers that share similar interests and behaviors. NB: This is an article by EHL Sometimes those names follow the famous generation categorization, such as Millennial travelers and Gen Z travelers, or have more tailored-made definitions.