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Is an aging society a threat or an opportunity for hospitality?

September 14, 2022

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Today, we are living in an aging society that is slowly increasing to the point where the number of older persons is projected to double to 1.5 billion in 2050. The fact that older people are a growing demographic group in today’s world comes with a variety of economic impacts. For example, if there are to be less and less customers in the traditional hospitality industry, should businesses in the hospitality sector start adapting?

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