Why Does the Hospitality Industry Continue to Grow?
The hospitality industry took a major hit during the COVID-19 pandemic. Hotels, restaurants, attractions, and many more subsets of the hospitality industry suffered from restrictions and full-blown shutdowns. On top of that, for a short period of time, travel was nearly impossible. However, despite the impact the pandemic had, the hospitality industry is bouncing back. Although the hospitality industry faces its fair share of challenges, it has proven itself resilient time and time again. Rapid growth and the return to “normal” over the last couple of years have helped the industry right itself. But what is driving the bounce back and how does the industry look today? Is the Hospitality Industry Growing? Find solutions for creating a welcoming space for visitors Yes, the hospitality industry is growing, but that’s not hard to do after hitting record lows. So what does the industry look like now compared to pre-pandemic numbers? EHL Insights put together a comprehensive report ab...