Recent Developments and Future Trends in the Hospitality Industry

Contemporary
Hospitality
Management

TASK-3 Recent developments and potential
future trends affecting hospitality industry.
• Millennials- They are the most travelling people this would be increased
by 50% by 2025. They travel for their business purposes. So industry
should make their plans that is based on demographic and personality
traits.
• Tech inundation- Most of the travellers are comfortable with online
booking with updated apps and mobile phones.
• More emphasis on health and well being of the customers should be
considered.
• Sustainability rules should be made by the government like echo-
friendly resources including power and water supply.
• Destination promotion on social media like Facebook, Twitter and many
more.

Small scale retentions-
• It's not a new thing that small cafes and shops are operated in market.
• The establishment of small cafes influencing the hospitality business.
• In UK there are a number of cafes that are dealing with lower prices than
McDonald's.
• The customers are distracting at different places in the search of local food
tests.