Hospitality Management in India: Five Trends To Know (2024)

FAQs

What are some major trends in the hospitality industry? ›

These sectors include food and beverages, lodging, recreation, travel and tourism, and meetings and events.

Occupancy in Indian hotels is expected to improve to 66 percent in 2023, according to hospitality research firm HVS Anarock's latest report. India's hospitality sector ended 2022 with occupancy in the 59-61 percent range, up 15-17 percentage points from the previous year, the report said.

Between gamified travel planning, VR tours, contactless service, chatbots, in-room IoT and location-based services, it's a whole new world for hospitality players.

Three key technology trends affecting tourism and hospitality today and into the foreseeable future are mobile technology, smart tourism, and immersive technology.

Hospitality workers also vary in age from a high-school student to a retired employee working part-time. The industry is complex, consisting of five major segments: food, lodging, travel, tourism and recreation.

The hospitality industry is vast and can be broken down into separate sectors. The top four sectors consist of; 'Food and Beverage', 'Accommodation', 'Travel and Tourism' and 'Entertainment and Recreation'.

One of the easiest and most accessible ways to keep up with the latest trends and innovations in the hospitality industry is to read industry publications and blogs regularly. These sources can provide you with valuable insights, news, tips, and best practices from experts and peers in your field.

What factors and trends are disrupting the hospitality industry? ›

The pan-India hotel occupancy is estimated to stand at 40-42 percent during FY2022, rising from 26-28 percent in FY2021. Following this, the occupancy is expected to increase to 68-70 percent in FY2023.

Namaste is the customary Indian greeting that is not only practised to welcome guests but also to acknowledge strangers, working both as salutation and valediction. What's more, the gesture is said to express courtesy, honour, gratitude, and hospitality to the other person.

The hotel industry in India is expected to reach a value of INR 1,210.87 Bn by the end of 2023, expanding at a compound annual growth rate (CAGR) of ~13% during the 2018-2023 period, owing to the high arrival rate of foreign tourists and business delegates.

Artificial Intelligence (AI) for development. IoT technologies, infrastructure and applications (smart societies) Blockchain technologies, infrastructure and applications. 5G.

There are many benefits that technology can bring to the hospitality industry. For example, technologies like artificial intelligence (AI) chatbots can improve guest experience, mobile ordering can increase efficiency, and robots can lower staff workload and minimize costs.

Hotel Crisis Management 3Cs – Concern, Control & Commitment.

The “3 P's” are Protect, Prevent and Promote. We've seen that properties that follow these principles regularly see higher performance than properties that do not.

They include: being kind and optimistic, or having hope; having an intellectual curiosity; a strong work ethic; having empathy; having self-awareness; and most importantly, having integrity.

What are the 7 elements in the hospitality concept framework? ›

A Hotel Concept is designed around 7 components that cover all aspects of running it successfully: The Story, The People, The Space, The Identity, The Services, The Content, and The Channels.

They distinguish five dimensions of hospitality: personalization, warm welcoming, special relationship, strait from the heart and comfort. Except the comfort, which is about the comfort in the hotel room, all dimensions refer to the behaviour of the hotel staff.

The backbone of the hospitality industry is the customer experience and the services. If the customer is happy and satisfied with your service then he will come next time after the first visit.

In this article we've looked at the future of the hospitality industry, including top trends like personalized attention and human hospitality, increased use of technology, smart mobile technology, the rise of sustainable and eco-friendly practices, increased emphasis on safety and health, as well as the rise of ...

It is important for hospitality operations to know and understand the industry trends so they can meet travelers' needs better than the competition.

60 Hospitality Marketing Trends to Watch. Personalization: customized experiences based on guest preferences and behavior data. Sustainability: eco-friendly practices and a focus on social responsibility. Direct bookings: encouraging guests to book directly through the hotel's website or mobile app.

Opportunities to look towards the future will abound, and convergence of sustainability and hygiene will be a potential area of innovation and change. Sustainability was also a pressing topic in the hospitality industry before the pandemic, and it will likely come back following the reopening of borders and travel.

Food and beverage is the largest segment of hospitality. It includes any food and beverage establishment large or small. This means 5-star restaurants, catering companies, delis, cafeterias and so much more!

What are the new technologies in tourism and hospitality industry? ›

Additionally, new technological innovations such as 5G mobile network, artificial intelligence, radio frequency identification, mobile devices, smartphones and wearables, applications, cryptocurrency and blockchain significantly changed the paradigm of tourism and hospitality industry.

Challenge. Hiring and retaining staff has always been one of the most common problems in the hospitality industry. Every hotel requires quality staff on all fronts; be it administration, maintenance, kitchen, housekeeping, or frontdesk.

As hotels incorporate more digital technologies across departments, smart rooms will become an increasingly popular hotel trend. Keyless door locks, voice control technology, and remote room controls are all features we can expect to see as hotels place a greater emphasis on technology in the coming years.

In 2023, we can expect to see more technological advancements, such as virtual and augmented reality, and the integration of smart devices in hotel rooms. Sustainability has become an increasingly critical issue in the hospitality industry, and 2023, it will be a key focus for many hotels and resorts.

The three main types of trends are uptrends, downtrends and horizontal trends.

As the world slowly recovers, hotels and resorts are looking towards the future and planning for the next five years. The hospitality industry is expected to rebound strongly, with pent-up demand for travel and a desire for unique experiences driving growth.

Irish Hospitality Perspectives 2023 was designed to explore what lies ahead for the industry through incisive and insightful panel discussions, framed by perspectives of where the hospitality sector currently lies both at the macro and micro level, with a strong line-up of participants, moderated by MC Anton Savage and ...

What is the most important factor in the hospitality industry? ›

Service in the hospitality industry holds the key. Customers are considered to be the King.

Staying informed on trends is important to help you build credibility and value and to show that you know where your field is heading in the future. Successful people spend time every day keeping up with the latest news and developments in their field, so make time in your day for these strategies.

There will be more guest-oriented designs, a lobby that is ever changing, creative, innovative. Hotels will think differently, be healthier and offer immediate satisfaction. Hotels will be a guest experience that touches all of the senses.”