Hotel Market Outlook 2024. Our initial 2024 outlook is based on the april 2023 pwc uk economic outlook forecast of gdp growth of 1.0% and annual inflation falling to 2.0% by the end of 2024. We expect a modest pullback in spending through the second quarter of 2024 and then a strong rebound in the third and fourth quarters.
Tourism forecasts for the hotel sector in 2024 offer an encouraging outlook after years of challenges. As we enter 2024, the outlook for.