Industry Sector
12.0K views | +0 today

Sector specific content (accommodation, activities, attractions, regions) including case studies and international best practice

To view all articles simply scroll down or click on a filter below for more specific content

Your new post is loading...

Filter – Click below to get more detail [Clear after each filter]

Current selected tag: 'Industry Insights'. Clear
Scooped by Denise

Fáilte Ireland: Debt Warehousing in Tourism

Fáilte Ireland: Debt Warehousing in Tourism | Industry Sector | Scoop.it

An analysis of the Government’s Covid-related Debt Warehousing programme from the perspective of the tourism sector. 

➢ The Accommodation & Food Services sector's outstanding warehouse debt balance stood at over €265m as of January 2024.
➢ More than 900 businesses in the sector owed at least €50k. The majority (60%) of these owe €100k or more, while over 100 firms owed at least €500k.
➢ The announcement of new terms in February, (removal of interest rates and additional flexibility on repayments), were welcomed. 
➢ However, concerns remain about additional strain this debt is having on the business.

See more detail in this report.

No comment yet.
Scooped by Denise

Trip Advisor: The Power of Reviews

Trip Advisor: The Power of Reviews | Industry Sector | Scoop.it

Following the Covid-19 pandemic Trip Advisor wanted to know if online reviews still influence traveller decision making.  

 

In 2021, they conducted an analysis, surveying 9,000 consumers across five countries — U.S., U.K., Italy, Singapore, and Australia to find out. 

 

A key finding is that: 

  • 3 out of 4 said that online reviews are still extremely or very important when making travel decisions.


See more results in the full report. 

No comment yet.
Scooped by Denise

EPI: Restaurant Trends 2023

EPI: Restaurant Trends 2023 | Industry Sector | Scoop.it

This US report looks at current consumer habits and explores want consumers want when dining out. 

  • 83% of consumers feel that COVID-19 has changed the way we live our lives and brands have to  pivot and adapt to this. 
  • Everything has changed: daily routines, work interactions, consumer expectations, and purchase behaviours.
  • Brands need to try to stay relevant in this new consumer era.
  • Amongst them the Restaurants sector has had to adapt as the dining experience has changed. 

See the full report for the latest restaurant trends. 

No comment yet.