Hospitality is a global industry, a sector which cannot be protected from international challenges. The economic downturn in Europe is one of these challenges. What has happened in hospitality for the four years since the recession first hit, and is trust finally filtering back into the market?
Our experts this week discuss what they are seeing in the industry as well as highlighting some other challenges that could be faced in the next 10 years. Some believe the likelihood of another, harder-hitting, recession is just around the corner but interestingly hospitality consistently outperforms the market.
Experts this week include:
- Sir Nigel Knowles, co-Global CEO of DLA Piper, on the trust sought in the markets
- Prof. Ian Goldin, of the Oxford Martin School at Oxford University, on the challenges hospitality could face in the next 10 years.
- Mark Wynne-Smith, Global CEO of Jones Lang LaSalle Hotels, on the confidence seen in the market despite economic issues.
- And David Scowsill, CEO of the WTTC, on hospitality outperforming the economy.
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.