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HOSPITALIT Y TRENDS Prabhjot Bedi 2013

Hospitality trends

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Page 1: Hospitality trends

HOSPITALITY TRENDSPrabhjot Bedi2013

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TRAVEL & TOURISM

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“STAYCATIONS”

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“STAYCATIONS”

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“STAYCATIONS”

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ONLINE DISTRIBUTION / TRAVELMore than 114 million

people will research travel online this year

94 million will actually book reservations.

More than 50 percent of travel bookings are made on the Internet

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DIGITAL DETOX

“Technology-free”Minimal Equipment“Life as it used to be!”

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DIGITAL DETOX

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DIGITAL DETOX

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DIGITAL DETOX

“Technology-free”Minimal Equipment“Life as it used to be!”

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ORGANICTrueLocally SourcedResponsibly SourcedCommunity Development

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ORGANIC

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ORGANIC

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ORGANIC

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TRULY ORGANIC! ICE HOTEL!

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BRANDED HOTELSDesigner LabelsParterning with

Designers e.g. Marriott Edition with Ian Schraegar; Kenzo Takada for Sofitel Luxury Hotels

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BRANDED HOTELS

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SOLO FEMALE TRAVELSafetySpecial Amenities Marketing Increasing Purchasing

Power Decision Making “Work Hard – Party

Harder”

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“EPICUREAN” TRAVELSTravel for foodFood TrailsHistoricalCultural

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MEDICAL TOURISM Growth from about

$40 billion in 2004 to $120 billion by the year 2014. – CII

Over 750,000 Americans seek treatment abroad.

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FAST FOOD & SLOW FOOD!

Domino's India to open about 100 stores each over the next six years and will hire over 3,000 people each year.

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OPEN, REALLY OPEN!

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OPEN, REALLY OPEN!

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OPEN, REALLY OPEN!

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OPEN, REALLY OPEN!

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OPEN, REALLY OPEN!

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BAR / BEVERAGE TRENDS Flavors Make Your Own Live Organic Hand Crafted / Artisan Limited Edition Wine by the Glass Sparkling drinks!

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THE BIGGEST TREND - NICHE!

A niche market is the subset of the market on which a specific product is focusing.

The market niche defines the specific product features aimed at satisfying specific market need

It is generally a small market segment.

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NICHE!

Examples Nature Retired Couples Religious tours Wedding packages Wedding attending tours 25th Anniversary tours Bachelor parties Book tours Movie Tours

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http://www.virgingalactic.com

SUPER NICHE!

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PRABHJOT BEDI

+91 98720 00604 [email protected] www.prabhjotbedi.com