Rise in more compact and minimalist hotels & accommodations
Implications - While many consumers still love to be pampered when they go on vacation, others are preferring practicality over luxury. Hotel owners and designers, in response, are developing minimalist and compact establishments that provide a comfortable stay without going over the top. This keeps costs low for both the hotel and the customer, while at the same time saves space and provides environmental benefits through minimized waste.
Trend Themes
1. Minimalist Lodging - Consumers are preferring practicality over luxury and hotel owners and designers are developing minimalist and compact establishments that provide a comfortable stay without going over the top.
2. Mobile and Self-sufficient Living Spaces - The idea of mobile construction and eco-friendly living is on the rise and tourists are looking for innovative living spaces that are not restricted to a certain location.
3. Disruptive Use of Abandoned Space - Unused urban spaces, including abandoned stores and taxi cabs, are being converted into fully functional lodging spaces, providing guests with a unique experience and adding life to dying neighborhoods.
Industry Implications
1. Hospitality Industry - Hotel and accommodation providers need to explore simplified and compact yet comfortable and practical lodging options as a trend for guests seeking more practical and affordable options.
2. Eco-tourism Industry - The rise in minimalist and environmentally sound hotel and accommodation options is creating a whole new clientele within the eco-tourism industry.
3. Real Estate Industry - Developers and owners of abandoned urban spaces, including stores and taxis, can take note of the opportunity they have for redevelopment into hotels and other lodging spaces to meet the needs of the growing minimalist-tourism trend.
7 Featured, 57 Examples:
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Date Range:
May 12 — Jul 12
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