TTG Asia Publications March 2019 Issue | Page 16

TTG ASIA MARCH 2019 REPORT: HOTEL CHAINS 16 New lifestyle in making Lifestyle hotel brands are an emerging trend in Asia’s hospitality sector, as hospitality operators big and small and even players from outside the field roll out new brands to accommodate the changing preferences of millennials and Gen Z. Xinyi Liang-Pholsena checks in on the new trend 137 Pillars Suites & Residences in Bangkok The rise of a millennial generation and Airbnb have unleashed many changes in the global hospitality sector, with hospi- tality players recognising the need to offer more than just a hotel room but a lifestyle experience for today’s travellers. Enter lifestyle hotels, a trend that is gaining popularity among global travel- lers and the hospitality sector alike, with most major hotel companies having jumped onto the bandwagon to launch new brands that are ostensibly targeted at the millennial demographic. A CBRE report defines a lifestyle hotel as one that has many of the characteris- tics of a boutique hotel, with a strong em- phasis on being creative and innovative, in addition to having the potential to be replicated and rolled out across the globe. Starwood Hotels & Resorts’ W Ho- tels was widely accepted among industry practitioners as the first mainstream life- style hotel when the brand was launched in New York in 1998. Similar brands and concepts have since popped up in the US and Europe, and Asia is now beginning to see the proliferation of lifestyle hotel brands too. “Most international hotel operators have started rolling out their lifestyle concepts in a significant way”, said Sashi Rajan, senior vice president - strategic ad- visory and asset management, Asia at JLL Hotels & Hospitality Group, attracted by Asia’s large millennial base which are ex- pected to make up a strong potential mar- ket for lifestyle hotels. Marriott’s Aloft, Hyatt’s Andaz and In- terContinental Hotels Group’s Indigo are clear examples of hospitality giants’ foray into Asia’s lifestyle hotel space, noted Ra- jan, while international boutique brands like The Standard, SBE, Dream Hotels and ACE have either expanded or announced their intentions to venture into the region. What comes after W But lifestyle hotels are not an entirely new phenomenon for Asia, industry watchers pointed out. “You can call it LAW or Life after W,” Bill Barnett, founder and managing di- rector of Phuket-based C9 Hotelworks said. “W was a game changer, but in Asia groups here already know hospitality so the development of groups like Alila, Up- per House, etc, have cut the institutional mold,” opined Barnett. “In Thailand, 137 Pillars, Sala and Burasari are all expanding their non- standardised approach to good success. Indonesia is another exciting space – Ar- totel is one and Potato Head with Katama- ma and other new offerings in the works.” Barnett added: “Design and lifestyle hotels are now across most Asian mar- kets and strong performers but it’s not so much a standalone trend but a reflection of changes in travel taste. Be it in technol- ogy, design, food, fashion or social media, it’s now about getting out of the box.” Major hospitality companies in Thai- land have also joined the lifestyle fray. Onyx Hospitality Group entered into a partnership with UK-based Yoo Hotels & Resorts to grow its footprint into the life- style hotels segment, with the first two Yoo Asia hotels expected to open in Phuket and Bali in 2019. Dusit International has unveiled Asai, its “millennial minded” brand which has already found management contracts inked for properties in Bangkok, Cebu and Yangon. Singapore has been a hotbed of activity for lifestyle hotel brands in recent years, including M Social, whose eclectic and playful style was the brainchild of famed designer Philippe Starck; and Yotel, a cap- sule-style hotel which appeals to tech and design fans with its guest service robots and futuristic Tron-like aesthetics. Building a Monopoly The world’s first Monopoly-themed hotel will open in Malaysia in 2Q2019 as the 270-key Monopoly Mansion by Si- rocco, Kuala Lumpur, taking its inspiration from the famous board game by Hasbro. Lea Chan, CEO of Sirocco Hospital- ity Group, comment- ed: “When we came across Hasbro two years ago in Las Vegas, we instantly knew this was the right brand to collaborate with. We went through their brand identity and we realised that Monopoly can be turned into an elegant product, so we decided to make Mr Monopoly the subject. “Mr Monopoly, a fictional character from the board game, is a well-travelled man who loves to explore life. Thus the hotel and brand is designed for guests to experience the fabulous lifestyle of Mr Monopoly by visiting his mansion, which will also take them back to the nostalgic Roaring 1920s, for an elegant ‘Gatsby’ experience.” Monopoly Mansion will comprise 14 guest room floors, with each floor featuring traits of a particular country that Mr Monopoly had visited, Lea shared. “However, we don’t plan on taking too much of the Monopoly brand and placing it everywhere in the hotel. We just want ‘a kiss of the brand’. The important thing is to understand the brand DNA of Monopoly and find those interest- ing nuances in amazing and creative ways, which will delight guests.” The property will be operated and managed by Sirocco Hospitality Group, the hospitality arm of Malay- sia property developer M101 Hold- ings. – S Puvaneswary