Growth takes many forms across hotel brands

In a year riddled with economic uncertainty, hoteliers continue to see growth ahead of them

Mar 16, 2023

Hotel companies across the globe and in different segments of the industry all agree that the stars are still aligning for further growth, with continued strong performance metrics even in the face of a possible recession.

Key takeaways

  • Luxury hotel collection The Leading Hotels of the World had a banner year in 2022 and expects more of the same in 2023;
  • STR currently projects the industry will see revenue growth during an economic recession in 2023, which would be a first;
  • Davidson Hospitality Group is looking beyond traditional hospitality for further growth - offering its marketing and social media expertise as a paid service to other hotel management companies.

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