What the future holds for hospitality?

From : The Future of Tourism | Envisaging a 2011 scenario | By Chris Luebkeman
Read the full post here

While the fundamentals of hospitality remain steadfast, the
context wrapping around the offer of hospitality services has
changed tremendously, and it will continue to change. In looking
to the year ahead, there are any number of possible, and even
a few probable, futures that we should consider. As we do this,
it is vital that we do not ignore the forces of change around us
that are constantly molding our story of tomorrow as we write it.

In the article Chris Luebkeman asks some poignant questions that are suitable for your next future scenarios planning session :

• What if energy were free ? What if it were rationed ? Or each
individual had a personal resource account ?
• What would happen if oil hit US$ 200 per barrel ? What will
happen when carbon is taxed ?
• What if wealth continues to flow East and South ? What if
disposable income continues to disappear in the US
and Europe ?
• What will the new wave of tourists bring ? What will the
growing middle-class Indians or Chinese expect in a hotel ?
• What does a property look like that is fit for Korean
teenagers ?
• What if the « staycation » replaces the global grand tour ?

As you answer each of these questions, consider how our industry will not just survive, but thrive

About The Hotel Yearbook: The Hotel Yearbook is a uniquely forward-looking annual publication. Each year, dozens of CEOs and other senior executives from the hotel industry worldwide, as well as leading analysts and observers, use this platform to share their expectations for the coming twelve months. Each of the 70+ contributors looks specifically at his or her area of expertise, describing the likely developments for the year ahead. As a whole, The Hotel Yearbook thus offers readers a comprehensive overview of the trends and factors that will have an impact on the performance of the hotel business in the year to come – as perceived by the industry’s leaders themselves. For more information visit www.hotel-yearbook.com.