Market Research Report
Lodging (Travel and Tourism) Sector Scorecard - Thematic Research
|Lodging (Travel and Tourism) Sector Scorecard - Thematic Research|
Published: November 3, 2021
Content info: 24 Pages
Delivery time: 1-2 business days
The lodging industry has become competitive and is expected to become more competitive in a post-COVID world with consolidation expected to occur. COVID-19, technology, and ESG concerns place pressure on providers to invest, implement change, and fit the needs of the travelers of tomorrow. Without significant investment, failures are inevitable. The thematic screen of GlobalData's lodging sector scorecard lodging sector ranks Marriott International, Choice Hotels International and Hilton Worldwide Holdings as the three best-positioned lodging companies today.
Many themes are disrupting the lodging sector today, and as technology adoption grows, these themes will become even more disruptive. Companies must understand which themes they are currently lagging in to identify areas for investment to stay ahead of the competition. 5G, IoT, and ESG are all themes having a large impact across most lodging players and will reshape the industry. Tech-driven travelers are becoming more common so striving to become digitally focused will bode well for the competitive position of these lodging providers in the near future.