This week in the 5 Star Weekly Briefing take a look at
2024's travel and hospitality trends are analysed, revealing a year of
economic pressures impacting consumer behaviour.
Despite inflation, travel remained strong, with travellers prioritising
value, leading to a resurgence in
package holidays and exploration of
emerging destinations. The
influence of social media and AI was significant, both for travellers and industry, which is now increasingly using AI for
revenue management. Finally, the report notes a continued
crackdown on short-term rentals, although their overall market remains robust.