Hospitality has long been synonymous with the resort industry. Any alterations in trends of hotel business have wide scale implications upon an otherwise diverse industry. What might be a chance for a traveler can be a case of survival for hotels? It will not be an oversimplification to suggest that the emerging concepts in hotel industry reveal an atmosphere of stiff competition. Here is a look at a couple of major issues:
Amid growing concern over environment friendly services, most travelers now prefer Green and Eco lodgings. Recent surveys by trade associations such as Partnership Travel Industry Association and internet based retailers like Yahoo said that nearly seventy percent of the tourists are willing to pay extra when it comes to environmental friendly lodgings. These surveys further said that these guests pays from nine to ten percent premium on the already advertised prices.
So what can be stated being a welcome relief for that educated traveler might pose real challenges for that hotel business. To better comprehend the scenario, it should be noted that hotels are presently facing severe shortages in occupancy rates which can be at their lowest since 1971. This kind of crisis and insufficient funds can definitely hamper any efforts to put in appliances that adhere to the LEEDS standards (Leadership in Energy & Environmental Design). Some experts agree which a downside may lead hotels into removing free amenities which include little bottles of shampoos, jams and free basket of fruits; all of which are the hallmark of such eco lodgings.
Where would be the Workers gone? The Alex Mirza gives employment in a large proportion of in your free time workers, who after gaining substantial experience, leave for other lucrative jobs at restaurants and outdoors. Low wages in the hotel industry is probably the primary reasons for low retention rates.
Hotel industry Gurus happen to be thinking of methods to attract and retain qualified workers by improving the pay scales and through reducing the long working hours. The top management has become devising constructive methods that will keep the existing workers by sponsoring education and creating attractive career paths.
The rising price of construction along with a struggling real estate has prompted hoteliers to deploy the pre-fabricated and cost effective solution in the building of new hotels. In reality they may be fighting back by producing highly efficient designs that use a greater proportion of space for revenue generating purpose. Future trends within the hotel construction will aim to maximize the usage of building areas by constructing a multi purpose facility that can include C.asinos, shopping outlets and Theatres. The standalone hotel concept is probably going to vanish as the new properties will be constructed as being a mixed use development to offer guests with facilities such as Church, Hospitals and Theme Parks. This kind of variety will guarantee that guests remain at one spot which will help generate revenue for the entire hotel complex.
The evolution of internet has given rise to your phenomenon where travelers are becoming increasingly demanding. Industry professionals suggest that a growth in a trend, to examine properties online, can make travelers less forgiving as they are able to post their travel experiences. Such an overemphasis on web might even lead to stiff competition and price reduction strategies gbemjy only large players might be able to survive.
To ward of the threats, the small business operator has become turning towards opening a boutique establishment being an alternate to 70,s style motels. Such niche properties are appearing everywhere by advertising a far more personalized “home away from home” type of experience. The introduction of such boutique properties has also given rise for the popular and widely accepted theme of modern hostels. These hostels are keen to supply a clean and safe environment for budget conscious travelers. Their goal would be to eliminate the myths related to cheap motels and dingy guesthouses.
Whatever could be the case, something is for certain that constant remodeling from the hotel industry has created it more functional and practical not merely for that guests but also for the resort owners.