Hospitality Inflation Report Reveals Potential for Price Increases ...Middle East

The recently released white paper Hospitality Inflation Report 2023 reveals that the hotel industry has effectively handled inflation and has successfully passed on the increased energy and labor costs to guests. This ability to manage costs and maintain profitability is one of the industry’s greatest strengths. Created by SuitePad, Europe’s leading provider of in-room tablets for the hospitality industry and an expert in digital guest communication, the report also reveals that this successful cost management applies only to the Average Daily Rate (ADR) and not to ancillary services. While the Average Daily Rate (ADR) in Europe increased by 18.5% to 148.9 USD in 2022 compared to the previou

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