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Restaurateurs Foresee Bright Future as Fine Dining Turns Vegan

Modern Restaurant Management

percent CAGR between 2022 and 2032, and Plant-Based Milk sales will grow ~ 2x by 2032, says Future Market Insights. Plant Based Protein accounted for US$ 11.3 Bn in sales in 2021, while Meat Alternative Market experienced a year-on-year growth of 5.2 percent in 2021.

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What luxury travellers want, and how to attract them

Hospitality Net

billion by 2032. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78

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An Unstoppable Growth in the Middle East: Focus on Accor’s Strategic Expansion in Saudi Arabia, the UAE and Qatar

Hospitality Net

From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. with a potential market value of 65.5 billion USD.

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Creating a luxury hospitality brand in a competitive market

Hospitality Net

billion by 2032, representing a compound annual growth rate of 11.5%. Once considered relatively niche, the luxury segment of the hospitality industry has exploded in recent years, with rising global wealth and increasing desire for personalized and immersive experiences driving the interest. And it’s expected to grow to USD 154.32

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A Tight Labor Market: The New Normal

Modern Restaurant Management

percent in 2032 , indicating a tighter labor market may be our new reality for the foreseeable future. This scenario underscores a labor market gradually cooling from its post-pandemic fervor yet maintaining its robustness, evidenced by the ratio of 1.45 percent in 2022 to 60.4

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What luxury travellers want, and how to attract them

Hospitality Net

billion by 2032. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78

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“WTF?” is precision fermentation?

Forward Fooding

billion by 2032 , with a compound annual growth rate (CAGR) of 41.89% during the forecast period from 2023 to 2032. The global precision fermentation market was valued at USD 1.93 billion in 2022 and is poised to reach approximately USD 63.85