Hoteliers face trends in de-globalization

Trends toward “de-globlization” are expected to be a major concern among hoteliers around the world in 2024

Jan 4, 2024

Technology effortlessly flows between markets, countries and continents, but there has been a definite shift and slowdown since the beginning of the pandemic in regard to trade barriers, people flow and supply constraints.

Key takeaways

  • Inflationary and interest-rate environment will eat into travel demand, even though the sector has proved to be very resilient post-pandemic;
  • Inflation and interest rates appear not to be affecting the hotel industry, but the pushback from decreasing globalization might;
  • The four big macroeconomics trends are geopolitical tensions, climate change, technology and aging demographics.

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