Hilton Brands
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Latest Trends in the Hospitality Industry
At a long standstill, for the first time since corporate group meetings started getting cancelled and the U.S. fell into a pandemic – U.S. hotels surpassed the half-full mark in the hospitality industry. With new implementations across the hotel industries many are finding the latest trends as part of the new era.
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Building Partnerships in Monterey County
Known for it’s lesiure and robust attractions, Monterey County sees millions of visitors throughout the year. Including multiple events all over the county, that’s just one way of being a demand generator for the hotels. Monterey County Convention and Visitors Bureau. Partnering with other businesses is one way of boosting your hotel’s exposure, the best exposure for any property is a recommendation or referral from other local businesses.
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The Upcoming Trend Of Revenge-Spending in 2021
“Revenge-spending” is a term that illustrates the customers’ buying behavior after the COVID restrictions spend more on shopping than their purchase habits before the pandemic. According to Bloomberg Economics estimation, over $1.7T in excess savings from the beginning of the pandemic (March 2020) to January 2021 and the latest round of stimulus payments by the Biden organization are ready for the Americans to get in the revenge-spending.
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