WHAT TRENDS HAVE
IMPACTED THE LUXURY
HOTEL INDUSTRY THE
MOST IN THE LAST FEW
YEARS AND WHAT DO
YOU SEE IN 2020?
The sharing economy most
commercialized by Airbnb
is just the tipping point of
how consumers will embrace
travel in the future. This trend
will blur the lines between
what defines luxury and more
importantly the definition
of accommodations. Time
sharing organizations are also
redefining their offerings to
offer luxury style experiences
to their members, providing
new and emerging
competitors to the industry.
Tip Top Tailors
Photo by Tip Top
The move to eco-friendly travel, and with millennials putting greater value
on experiences than tangible goods, we will see a move towards more
sustainable travel and luxury hotels have a key role to play. Also, by 2030
aviation will move from gas to hybrid electric and gas turbines, reducing
aviation’s carbon footprint in addition to the reintroduction of supersonic
jets at the other end of the spectrum.
Space travel will also help redefine luxury hoteling where patrons will pay
significant investments in order to enjoy a view of the world from space. This
supports the fact that the destination will become a stronger definition of
the attributes that define luxury hotels.
DO YOU HAVE A
RECENT PROJECT
WHERE YOU
WERE ABLE TO
IMPLEMENT
SOME OF THESE
TRENDS?
Please visit the
following which
describes our approach
for the banking
industry https://www.
sld.com/press/jean-
pierre-lacroix-talks-
the-next-branch/
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