Can Hospitality Remain All-Weather in a Slowing Economy?
Автор: FII Institute
Загружено: 2025-12-10
Просмотров: 101
Examining whether the hospitality, travel, and tourism industry can sustain growth amid global economic slowdown and shifting consumer behavior.
The hospitality, travel, and tourism industry is often touted as one of the few truly “all-weather” markets due to the ever-growing global middle class and its desire for new experiences. According to McKinsey, travel spending represents roughly 9% of 2024’s global GDP, with EY reporting that 62% of global consumers are seeking moments of joy and excitement.
Yet, as global growth slows and the world fragments, will hospitality still maintain its unstoppable momentum and development—and, if so, what is the key to its unparalleled success?
Speakers
• Bedor Alrashoudi, CSO, Soudah Development
• Paolo Barletta, CEO, Arsenale Spa
• Manfredi Lefebvre d'Ovidio, Chairman, WTTC
Moderator
• Xenia Wickett, Director, Wickett Advisory
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