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PwC Consumer Sentiment Survey - Summer 2024

Hospitality Net

A consumer spending revival may be on its way for the second half of 2024. Favourable economic indicators, combined with the highest consumer sentiment in three years, could fuel a more positive finish to the year for some retailers. While there’s an intention for more spending, the majority of consumers are planning cutbacks.

Consumer 189
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Top Technologies: The tools marketers need today to turn consumers into loyal customers

Hospitality Net

Often, the consumer buying cycle for larger purchases, such as travel or luxury goods, is anything but straightforward. Marketers must find potential customers early, determine intent, and then deliver relevant ads to drive conversions. A potential customer may research and dream for months before finally committing.

Consumer 181
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Novice consumers more likely to purchase wine with sweetness scales on labels

Hospitality Net

Rather than a text description, using a visual sweetness scale with an arrow pointing to a specific sweetness level on wine labels may increase purchase intent among novice wine consumers, according to a new study from researchers in the Penn State School of Hospitality Management. UNIVERSITY PARK, Pa.

Scale 100
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Choice Hotels Announces Opening of First New Construction Property with Lobby in a Box, MainStay Suites Chesapeake, VA

Hospitality Net

By using the proprietary and turnkey Lobby in a Box and Kitchen in a Box packages, the hotel leveraged effective designs with lower costs that are intentionally constructed for the extended stay consumer.

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Global research by SiteMinder reveals travellers from Asia, Latin America lead in intent, bleisure, digitisation

SiteMinder

Bangkok, Thailand – SiteMinder, the world’s leading open hotel commerce platform, has released the 2023 edition of the world’s largest consumer research on accommodation, which reveals that the global intent to travel over the next 12 months is highest among travellers from Asia and Latin America.

Intent 111
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The Safe Hotels Act – A Step Toward Safety or a Risk for NYC’s Hotel Industry?

Hospitality Net

Introduced by Councilmember Julie Menin, the bill seeks to enhance safety protocols in hotels by requiring panic buttons for employees, direct employment for essential staff, and a mandatory hotel licensing system overseen by the Department of Consumer and Worker Protection (DCWP).

Intent 188
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New Year, New You? The wellness beverages that will cure you in 2024

Hospitality Net

A blank page upon which to set new intentions and objectives. New technologies in F&B production alongside consumer preferences for easy, convenient health products which fit neatly into our daily routines have spurred a boom in the functional beverage segment. The new year is synonymous with new opportunities.

Intent 238