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How to rule hospitality in future: 7 theses

by | Jun 15, 2018 | Experts

Leaders of every industry are racking their brains about how to ensure the future success of their business. Check out 7 theses about the question how to rule the hospitality sector for the upcoming years.

Leaders of every industry are racking their brains about how to ensure the future success of their business. We participate in early stages when new concepts arise and give our best to contribute our most innovative ideas to our customer’s success. We passionately investigate in future concepts – from an architectural, societal and technological point of view. This doesn’t mean that we know for sure what the future brings. But we always try to make the best predictions possible from today’s point of view. Check out 7 theses about the question how to rule the hospitality sector for the upcoming years.

  • Take advantage of the rising customers and business models

Global megatrends offer a breeding ground for the further growth of the hospitality sector. The traveling society is seeking innovation in every corner and dimension. Hotel makers need to find models to offer something new and unseen on a regular basis – be it a special service, organized events or a changing look.

  • Be the “third place” where everyone wants to hang out

The megatrend of “third places” is opening huge doors for the hospitality industry. The two major places for people’s life – “home” and “work” – are losing importance and are making room for so-called third places. People are seeking spaces to live the principles of “everything everywhere” – no industry can serve this demand better than the hospitality industry.

  • Understand the impact that mobility has on your business

The hospitality business model is built around traveling. To be inspired by the speed and innovation power of the mobility sector is a good advise. To be the first who develops ideas how to further simplify the holistic travel experience of a guest can be a gamechanger. Individualized end-to-end tourism experiences are the next evolution level of travel.

  • Become the curator of an orientation-seeking society

Our world is more individual and customizable than ever. The availability of goods and activity is unlimited. People’s major pain is that they seek for orientation and a selected offering to find their way through a jungle of choices. Influencers and independent online tools are making a start here. Hospitality leaders can take over this curating role and serve their guests a selected menu of experiences.

  • Establish valuable partnerships 

Hotels are good hosts, but this does not always mean they are good caterers or event organizers. To bring their guests a holistically inspiring experience they are clever to cooperate with experts in these fields. Completely new kinds of cooperations can be a real business boost: For example by delivering co-working possibilities for nearby companies.

  • Bring on the community

One of the safest success factors to be future proof is to bring together an interesting, inspiring and well-selected bunch of people. Uniting the international and local community and helping people to make new social experiences will be a guarantee to be a hotspot in future. This is true for almost every business sector.

  • Offer “instagrammable moments”

Create spaces for cool selfies and they will spread the word about you at the speed of light.

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