This document discusses trends and challenges facing the hospitality industry. It notes that customers now have higher expectations due to technologies like mobile apps, social media, and online booking. A variety of hotel types have emerged to satisfy different customer needs and budgets. The industry must adapt to trends like the sharing economy, sustainability concerns, and changing customer demographics and preferences, especially among millennials. New technologies also present opportunities and challenges around areas like mobile check-in, big data analysis, and bringing customers' own devices into hotel networks.