The budget-friendly hotel alternative gets a makeover
Implications - As wanderlust increases among consumers, infiltrating even those who are financially unprepared for travel, so to does the demand for affordable accommodation. Thus, budget-friendly hotel alternatives such as hostels and other temporary lodgings are adding more luxurious touches to their accommodation.
Trend Themes
1. Luxurification of Budget Accommodation - As demand for affordable accommodation rises, budget-friendly hotel alternatives such as hostels are incorporating more luxurious touches to their accommodation.
2. Design-centric Budget Lodgings - Budget lodging providers are incorporating chic, colorful, and contemporary designs into their accommodations, making them stand out from the traditional cheap hotels and motels.
3. Mobile Temporary Lodging - Mobile temporary lodging is becoming popular due to its flexibility and travelers' desire to choose where they want to stay instead of being restricted by hotels.
Industry Implications
1. Hospitality - Hospitality providers could incorporate luxurious touches and contemporary design elements for budget accommodation for people who want affordable lodging with luxurious touches.
2. Travel - Travelers would like to have more flexibility in choosing their lodging so as the hospitality industry grows, there is an opportunity to provide mobile temporary lodging for people to stay wherever they want.
3. Architecture and Design - Architects and designers can innovate budget lodging by incorporating colorful and contemporary designs, exploring mobile temporary lodging, and creating sustainable architecture for affordable hotels.
6 Featured, 37 Examples:
589,424 Total Clicks
Date Range:
Apr 12 — Jun 13
Trending:
Warm
Consumer Insight Topics:
