At a time when guest expectations are evolving at breakneck speed, hotels and resorts are reimagining what it means to offer a memorable experience. The integration of IoT and smart technologies is not just a trend but a transformation that’s here to stay. Our report — Technology Trends Shaping The Hospitality Industry — explains how innovative technology implementations are redefining the hospitality landscape, from the lobby to the guest room.

Just how much is the sports industry worth? According to new research from The Business Research Company, the global sports market reached a value of nearly $484 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.6% since 2018.

The U.S. medical spas industry has more than tripled in size (in terms of revenue) since 2012, and was worth $17.5 billion in 2022. The COVID-19 pandemic actually boosted this business, as consumers in Zoom meetings viewed their facial faults and decided to correct them.

The sports business means many different things to different people. This is a truly global industry, and sports stir up deep passion within spectators and players alike in countries around the world.

The global travel and tourism industry is comprised of a wide variety of businesses, including hotels and inns, casino resorts, trains, buses, airplanes, cruise ships, tour operators and travel bookers, both online and physical. The World Travel & Tourism Council (WTTC) found that the global travel and tourism industry supported 295 million jobs on a direct basis during 2022.

The U.S. RVs industry posted record revenues and shipments in 2021 during the COVID-19 pandemic, as consumers sought ways to vacation safely. This was a major turning point and stimulus for the industry, as a new and younger demographic was introduced to the RV lifestyle.

There's no doubt the COVID-19 pandemic took a heavy toll on the U.S. travel industry, but a recovery is currently underway.

The COVID-19 pandemic greatly influenced consumer behavior for the last two years, but in 2022, the central concern will increasingly be the cost of living, according to research cited in a recent podcast by Mintel titled “The Impact of Inflation on the Cost of Living and Consumer Behavior.”

You can find spas in strip malls, high-end resorts, and fitness centers.

Some spas are simple facilities with not much more than a massage table, while others are luxurious destinations that draw travelers from around the world.

The online gambling industry is seeing major technological advances among other trends that are shaping the market, particularly in reaction to the COVID-19 impact. A recent report by TBRC highlights some of the key strategies that can be adopted by companies to benefit from these trends.