Hospitality Industry Overview
The hospitality industry faces difficulty in maintaining customer loyalty, providing services at affordable costs and meeting the ever-increasing competition. Consumers are always looking for alternatives in terms of the price and product, and low barriers to entry supply a constant flow of new rivals.
Our reports cover these issues across lodging and dining services to help you make the best market decisions. The industry expertise we employ will guide you on how to increase customer retention as well as sell your services at the best possible price.
We also cover factors such as occupancy rates and average room rates provided by hotels, total installed base/inventory of available space, major drivers and events for the hospitality industry affect the market.