Trend cluster
Category

Senior
Socialite

Boomers are looking to communal living spaces as retirement options.

Ultra-Glamorous Retirement HomesCaribbean-Inspired Boomer ResortsLuxurious Modern Retirement CommunitiesSenior-Centered Community CafesEco Retirement Cooperatives

Trend

What is the Senior Socialite trend?

Senior Socialite: Boomers are a generation of independent people, but the traditional retirement home concept isn't conducive to that lifestyle. Instead, boomers entering retirement are looking for communal experiences that allow the retention of independence through co-living while also fostering social bonds. Brands stand to appeal to boomers by encouraging and facilitating the social lifestyle to which the generation is accustomed.

Trend themes

Themes within the Senior Socialite trend

Three behaviours holding the trend together
01

Co-Living Communities

Boomers are seeking more communal experiences that let them retain independence; brands can appeal to this by encouraging and facilitating collaborative environments that promote both social connections and personal space.

02

Luxury and Sustainability

The wealthy elderly market is looking for luxurious care facilities that help them retain their independence, as well as providing high-quality amenities; developers are introducing eco-friendly aspects that could be a valuable feature for the elderly; companies can tap into this market by blending a modern, eco-friendly design with 5-star living standards.

03

Tech-Enhanced Retirement Homes

Retirement communities are welcoming high-tech systems for superior comfort and convenience. These are promoting value for money and curating personalized medical support techniques to cater to residents' physical, emotional and spiritual needs; companies can benefit from creating customer-centric retirement homes that integrate innovative tech to fulfill their customers' unique needs.

Industry implications

What the Senior Socialite trend means for industry

Where the trend changes the playbook
For

Real Estate

Co-living communities and luxury, tech-enriched retirement homes are industries that passionate real estate professionals should explore to cater to the needs of aging Baby Boomers and take advantage of the growing market demand.

For

Hospitality and Leisure

Retirement centers with luxurious amenities and community cafes for seniors are a unique way of showing seniors a good time and helping them create new social relationships. Companies in the hospitality sector can take advantage of these markets by offering unforgettable hotel and event experiences tailored to the Baby Boomer generation.

For

Technology

Providing smarter solutions to an aging population is an opportunity for companies willing to leverage newer technologies to improve customer experiences and provide unparalleled care and personalized support to the elderly market.

Workshop question

How can your brand offering be positioned as a gateway to your target consumer's desired lifestyle?

Trend signals

Trend signals for Senior Socialite

Trend score 4.4 out of 10, from popularity 61%, activity 62%, freshness 8%.

Popularity61%
Activity62%
Freshness8%
Audience
50%Men
50%Women
  • Gen Alpha (not a primary audience)
  • Gen Z (not a primary audience)
  • Millennial (not a primary audience)
  • Gen X
  • Boomer
Market
North America
Europe

Evidence

Examples of the Senior Socialite trend

6 featured examples from Jan 18, 2017 to Mar 21, 2018
Ultra-Glamorous Retirement Homes
CategoryLife-Stages

Ultra-Glamorous Retirement Homes

The Auriens Home is Designed Exclusively for Nonagenarians

Developing and building retirement homes for nonagenarians with a focus on unique amenities and a personalized approach to senior care presents an opportunity for real estate deve…

Caribbean-Inspired Boomer Resorts
CategoryLuxury

Caribbean-Inspired Boomer Resorts

The First Latitude Margaritaville Will Be in Daytona Beach

Disruptive innovation opportunity: Incorporate themed resorts and communities into real estate development, offering unique experiences to potential buyers.

Luxurious Modern Retirement Communities
CategoryArt & Design

Luxurious Modern Retirement Communities

Bamo Completed the Luxe Sun City Kobe Residence in Japan

The senior housing industry can capitalize on the growing trend toward luxury retirement communities by offering high-end facilities and amenities that cater to the baby boomer ge…

Senior-Centered Community Cafes
CategoryLife-Stages

Senior-Centered Community Cafes

Mather's Cafes Host Speed Dating and Wine Tastings for Boomers

Opportunity for senior living services to create modern community spaces that offer more engaging activities and full restaurant menus.

Eco Retirement Cooperatives
CategoryEco

Eco Retirement Cooperatives

Chamarel Provides Co-Op Housing for Retired People in Lyon, France

Real estate developers can explore cooperative housing models to meet the needs of aging populations.

Senior Homeshare Platforms
CategoryLife-Stages

Senior Homeshare Platforms

This Home Sharing Service is Intended for Independent Empty Nesters

Disruptive innovation opportunity: Integrate senior homeshare platforms into the real estate industry to create new revenue streams and address the changing housing needs of older…