Hotel And Other Travel Accommodation Global Market Report 2018

Hotel And Other Travel Accommodation Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3265 | Format :

The hotel and other travel accommodation industry provides short-term accommodation, meals and other guest services for travelers and tourists. Establishments in this industry may include hotels, other travel accommodations, resort hotels and others. The hotel and other travel accommodation industry can be classified into hotels and motels, casino hotels, bed and breakfast accommodation and all other travel accommodation.

North America was the largest region in the hotel and other travel accommodation market in 2017, accounting for 36% market share. This was mainly due to rising business activities, and increase in consumer spending in the region. Asia Pacific was the second largest region accounting for 25% market share. Africa was the smallest region accounting for 3% market share.

Technological advances are enabling firms to deliver personalized services by obtaining customer intelligence. Companies are providing customized promotions and offers by collecting vital information about consumers’ likes, dislikes and preferences by using social media and technologies such as mobile software applications that track customer behavior. . Hotels are now offering personalized menus, lighting, and other services based on customer information available from previous visits or intelligence gathered from social media. The Four Seasons Hotel spent $18 million to revise their website which will deliver personalized dynamic web pages to potential customers.

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