Global Serviced Apartment Industry Report 2024 | Page 75

TRAVELLER AND ASSIGNEE NEEDS MEAN FOR CORPORATES AND OPERATORS
GSAIR 2024 38

WHAT CHANGING

TRAVELLER AND ASSIGNEE NEEDS MEAN FOR CORPORATES AND OPERATORS

By Mark Harris Contributing Editor
Remote working , blended stays , and long stays ; data-driven personalisation ; localisation , security , and other sourcing trends .
Gen-Z employees ( people born between 1997 and 2012 ) now make up over 20 % of the UK workforce . 9 So they also represent a significant chunk of the travelling and mobile workforce – and growing .
This put the onus on travel and mobility managers , and their suppliers , to understand this new customer segment ’ s needs , lifestyles , and attitudes . Gen-Z spends an average of 10.6 hours per day online , making them the most digitally connected generation . 10
Gen-Z expects convenience and efficiency in their interactions . In an accommodation context , which means offering mobile check-in and checkout options , providing high-speed Wi-Fi , and integrating mobile payment methods .
The heirs to our planet have also inherited responsibility for climate change . In fact , climate concern is the biggest concern for a third of Gen Z . 11 90 % are trying to reduce their own impact on the environment .
So how do the needs of the new generation differ from those of previous ones ?
More space , more comfort , more animals
“ One thing we saw throughout Covid was lots of people got pets ,” says Andrew Meadowcroft , Vice President of Customer Experience at relocation company , Aires . “ That ’ s changed what our customers need from temporary housing . Before the pandemic , maybe one in every ten relocating families has a pet . Now , a significant amount of our relocating families travel with pets , which has put a lot of pressure on the temporary housing industry to meet to those needs .” relocating or looking for more space ; the ability to be able to work comfortably from home . We ’ ve seen an uptrend in people , who have traditionally been entitled to a one-bed apartment or flat , wanting an area for a home office as well .”
Fewer trips but longer
Karen Hutchings of Cobb & Hutch Consulting says business people are traveling longer but making fewer trips .
“ Sustainability is partly responsible , and behaviours are changing too . Instead of travelling backwards and forwards every week , they are staying longer and then working from home for the next two . Individuals also don ' t necessarily want to stay in large hotels so much and prefer the less crowded serviced apartment concept since the pandemic .”
Credit : Hybrid Resi
“ The dynamic has changed . Lots of companies have moved to a hybrid workforce , so employees who are
9 https :// www . thehrdirector . com / features / demographics / changing-face-uk-workforce /#:~: text = With % 20Gen % 2DZ % 20employees % 20 now , in % 20the % 20fight % 20for % 20talent .
10 https :// bobbledigital . com / its-time-to-focus-on-gen-z #:~: text = Generation % 20Z % 20are % 20spending % 2010.6 , content % 20consumption % 20 is % 206.9 % 20hours
11 https :// www . deloitte . com / global / en / issues / work / content / genz-millennialsurvey . html