Market outlook: 2022-2026
The global hospitality industry is poised for significant growth, bouncing back after a tricky few years.
Market forecasts continue to improve, led by strong revenues in 2022 and 2023, as customers return to hotels, bars, and restaurants. These customers however, have new habits, preferences and expectations.
Against the backdrop of rising inflation and cost-of-living concerns, it’s critical for hospitality businesses to fully understand and adapt with these evolving preferences so they remain competitive and continue to attract new customers.
Fortunately, with change comes opportunity. Combining data from interviews, statistical reports and surveys, this white paper examines the current state of the hospitality industry – where it’s been, where it’s going, and, importantly, the key challenges and payments opportunities that lie ahead.
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Copyright© 2024 | Elavon Financial Services DAC. Registered in Ireland – Number 418442.
Registered Office: Block F1, Cherrywood Business Park, Dublin 18, D18 W2X7, Ireland. Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland.
Helping thousands of customers around the world grow their business through payments
Customer service and support
We’re here to help!
Customer service: 0818 20 21 20
8am to 6pm, Monday to Friday
Elavon technical support: 0818 30 31 30
24 hours a day, 365 days a year
Opayo product support: 01 240 8731
24 hours a day, 365 days a year
Copyright© 2024 | Elavon Financial Services DAC. Registered in Ireland – Number 418442.
Registered Office: Block F1, Cherrywood Business Park, Dublin 18, D18 W2X7, Ireland. Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland.