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Market Trends

1667 posts

[[ 4 ]]

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  • 5 min

“David Lynch was a superb director of architecture”

  • Anthony Paletta
  • 7 February 2025
🎬 Renowned film director David Lynch, who passed away, was praised not only for his cinematic work but also his passion for architecture and design, often incorporating it into his films with great precision. He admired architects like Bauhaus students, Pierre Chareau, Ludwig Mies van de Rohe, the Wright family, and others. In 1986, Lynch purchased the Beverly Johnson House designed by Lloyd Wright and later hired Lloyd's son to design a pool house. Lynch's furniture designs were showcased at Salone del Mobile in 1997, with a Swiss company producing a limited run of his pieces. His last design project was "A Thinking Room" for the 2024 Salone del Mobile, featuring deep blue walls and a throne with seven chimneys. Lynch's deep understanding of space and design translated into his films, leaving a lasting impression on audiences.
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  • 1 min

From Taylor Swift to “Set Jetting”: The Power of Cultural Trends in Hospitality – Leigh Silkunas

  • Josiah Mackenzie
  • 7 February 2025
📅 Leigh Silkunas, CEO of 1AX Consulting, discusses the importance of hotels being culturally relevant. Silkunas highlights the benefits of tapping into trends and aligning with cultural events, using examples like Taylor Swift's tour and 'set jetting.' The podcast episode aims to provide actionable insights for businesses in hospitality to stay top-of-mind. The episode was aired on February 7, 2025.
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  • 3 min

The UX Techniques That Make You Settle for Higher-Priced Flights

  • Automatic
  • 7 February 2025
🛫 Booking flights might seem straightforward, but hidden costs during checkout and deceptive design often inflate the price. The article criticizes practices like encouraging customers to pay extra for non-essential "upgrades" such as SMS notifications costing £2.90. It explores how brands build value over multiple sessions, affecting customer loyalty and shopping behavior. Conversion rates on mobile are low at 0.7%. The piece also discusses the importance of interfaces in conveying value, noting that AI solutions like ChatGPT may suggest flights that are at least 10% more expensive than direct options. Upcoming chapters will delve into retention, overcharging in checkouts, and how to secure better deals.
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  • 1 min

CoStar: U.S. Hotel Industry Reports Positive Yearly Comparisons

  • LODGING Staff
  • 6 February 2025
🔔 In Washington, U.S. hotel industry data through Feb 1, 2025, shows occupancy at 56.5% (up 2.3%), ADR at $150.25 (up 1.8%), and RevPAR at $84.90 (up 4.1%). Minneapolis led with a 13.6% increase in occupancy to 47.4% and a 16.7% rise in RevPAR to $56.67. Orlando had the highest ADR increase of 7.4% to $224.62. Las Vegas and New Orleans saw RevPAR declines of 15.0% to $137.63 and 6.2% to $98.23, respectively.
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  • 4 min

Hilton added a record number of rooms in 2024. Can it keep up the pace?

  • David Eisen
  • 6 February 2025
```html 🏨 ``` Hilton achieved a record net unit growth of 7.3% in 2024, adding nearly 100,000 rooms. In Q4 alone, the company added 22,600 rooms, reaching a full-year total of 98,400 room openings across 973 hotels. Their development pipeline reached 498,600 rooms, marking an 8% YOY growth. The fourth quarter's net income was $505 million, with RevPAR increasing by 3.5% for the quarter and 2.7% for the full year. Hilton's luxury and lifestyle pipeline is nearly double its current supply, and recently, it added 400 luxury hotels through a partnership and aims to double its lifestyle segment presence in four years. Hilton also expanded internationally, debuting brands in new countries and signing an agreement to open 150 Spark by Hilton hotels in India.
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  • 6 min

The restaurant industry is projected to reach $1.5 trillion in sales this year

  • Alicia Kelso
  • 6 February 2025
🍴 In 2024, the restaurant industry exceeded $1 trillion in sales for the first time, with a forecast of $1.5 trillion in 2025 according to the National Restaurant Association. Menu prices peaked at a 9% increase in March 2023 but are now 3.6% higher year-over-year. Approximately 80% of consumers express more frequent restaurant use if affordable, with 81% for table service and 76% for quick-service. About 29% of operators plan to open new locations in 2025, with limited-service more likely at 35% compared to full-service at 22%. Employment is projected to rise by over 200,000 jobs, reaching nearly 16 million by the year’s end. The trends for 2025 include value, loyalty, experience, and technology, with 95% of operators noting increased customer value-consciousness and 65% investing in digital marketing.
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  • 5 min

Better by design: Master’s students discover more about high-end hospitality architecture

  • Martin Green
  • 6 February 2025
🏗️ WATG's design process from briefing to construction starts within 9 months and build time ranges from 1 year to 18 months, often in remote locations. Grand Hyatt St. Lucia, opening in 2026, will have 345 guestrooms. Edouard emphasized location-specific design, sustainability, and the importance of considering local communities and environment in projects. Zhongda International 99 is designed around wellness. WATG incorporates sustainability early on with in-house engineers and software modeling. They prioritize reducing carbon footprint through material sourcing and consider environmental impacts like wind on electricity consumption. They challenge and suggest alternatives to clients to mitigate environmental impact. Edouard highlighted the significance of the five senses in design, moving beyond size to the importance of details and a holistic approach to luxury.
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  • 3 min

Cook with Stéphane Décotterd #12 – Chamby trout fillet with hazelnut cream and broccoli

  • Martin Green
  • 6 February 2025
🥣 Michelin starred chef Stéphane Décotterd offers a healthy trout recipe from Le Bistro at Maison Décotterd on Glion campus. The trout, sourced from Chamby, is steamed using a unique technique between two plates. The recipe serves 4, with ingredients like 250g fish stock, 250g full cream, 100g hazelnut kernels, and vegetable garnish including 1 broccoli and 1 small leek. Oven temperature is set to 160°C for roasting hazelnuts, and cooking time for trout is 4-5 minutes.
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  • 7 min

Yucatán plans: Glion alumni tell The Insider’s Ben McCormick about their latest business venture

  • Martin Green
  • 6 February 2025
🌎 Ben McCormick, a features writer for The Insider, seized the chance to visit Casa Arsha, a sustainable retreat in Mexico run by Glion alumni Raisha Gargari and Arnaud Quiska. Traveling via British Airways Boeing 777 to Cancún International Airport, he then diverted from the usual tourist path to Mérida, Yucatán’s state capital, by boarding the new Tren Maya railway. Casa Arsha offers an escape from urban life and is evolving from an Airbnb model to a boutique hotel due to challenges in maintaining luxury service standards. The retreat is solar-powered with plans to install a wind turbine, and the owners are also expanding their landholdings in anticipation of growing tourist demand. Nearby attractions include seafood restaurants, a cenote, Mayan ruins, and the vibrant city of Mérida.
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  • 4 min

World’s best luxury destinations – #5 Japan’s spring blossom (sakura) season

  • Martin Green
  • 6 February 2025
🌸 Sakura season celebrated in Japan signifies renewal, peace, and friendship, typically occurring between March and April. Tokyo's Ueno Park is a prime viewing location. The Hotel New Otani Tokyo offers proximity to cherry blossoms with a 400-year-old Japanese Garden. Amanemu resort in Ago Bay provides an exclusive onsen experience alongside cultural activities. Gora Kadan in Hakone offers traditional Japanese hospitality with hot springs and kaiseki meals. Sushi Shin by Miyakawa in the Mandarin Oriental Tokyo allows guests to interact with chefs and features ancient woodwork techniques. Wellness trends like head spas, exemplified by Hitotoki Head Spa, offer relaxation and treatments for head and soul. Hospitality careers in Japan require skills such as interpersonal communication, multicultural understanding, organizational proficiency, customer service excellence, and leadership abilities. Hospitality degrees from institutions like Glion can pave the way for success in the industry.
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