Welcome to ¶HYB 2023!
Published since 2007, The Hotel Yearbook (HYB) is a family of publications that call upon a wide-ranging group of senior executives, analysts, consultants, and opinion leaders from all over the world to ask, "What lies ahead for the global hotel industry?" In The Hotel Yearbook - whether it is its highly respected annual edition or any of its themed editions, HYB’s forward-looking contributors share the key trends and developments that they...
I’m very excited to present the 2023 edition of The Hotel Yearbook (HYB). After a two-year hiatus caused by the COVID-19 pandemic, we are thrilled to announce the return of this publication, which has earned industry-wide respect over the past decade and a half. Our newly formed Advisory Board, comprising industry executives, academics, and domain experts, has been assisting us to curate a unique lineup of forward-thinking contributors to share their expert views with us and provide innovative ideas for improving the performance and success of the global hotel industry.
As we embark on 2023, it is evident, happily, that the hotel industry has made a robust comeback following the pandemic. Occupancy and price levels have returned to pre-pandemic levels. However, looking further into the future, the success of our industry depends on how agile we are facing the need to innovate, adapting to new market conditions, new guest demands, new staffing challenges, and new sustainability realities. Taken together, these changes have been interpreted by many of us as the new normal in an uncertain world.
The Hotel Yearbook 2023 - Annual Edition
As we have embarked on 2023, it is evident that the hotel industry has made a robust recovery from the
pandemic.
Occupancy and pricing have returned to their pre-pandemic levels. However, the future of our
industry is contingent
on how nimble the hospitality sector can be in adapting to ongoing innovation, changing market
conditions, evolving
consumer preferences, new staffing challenges, and sustainability realities. These uncertainties are
the new normal
in an unpredictable world.