Remove Market Forecasting Remove Marketing Remove Pricing Remove Reservations
article thumbnail

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. Pricing has also increased due to inflation and is expected to rise further due to increased demand.

article thumbnail

MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

The shortage of workers is putting upward pressure on wages and other labor costs, as some operators are offering signing bonuses and extra benefits to be more competitive in a tight job market. Government data provides evidence that restaurants are raising menu prices to help offset higher labor costs. QSR Marketing Forecast.

Marketing 178