lifestyle hotels, millennials and the creative class by economia creativa consultancy june 2015
TRANSCRIPT
Lifestyle Hotels,
Millennials & the
Creative Class
www.economiacreativa.eu
Lifestyle Hotels, Millennials & the Creative Class
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Creating New Ways ECONOMÍA CREATIVA CONSULTANCY creates development
strategies, policies and brands that shape the future of places and
businesses around the world
www.economiacreativa.eu
Lifestyle Hotels, Millennials & the Creative Class
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About the Authors
Please cite this publication as:
Economía Creativa Consultancy (2015), Lifestyle Hotels, Millennials and the Creative Class,
Economía Creativa Consultancy Creative Insights, Economía Creativa Consultancy Publishing
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Antonio Carlos Ruiz Soria
Economist, Principal Researcher
Antonio Carlos is Economia Creativa's co-
founder and Managing Partner. He is
expert in creative tourism, digital and
collaborative economy.
He advises companies, public institutions
and non-for profit sector on innovation,
marketing, investment and
positioning. He is currently Policy
Expert at the European Commission
European Crowdfunding Stakeholders
Forum.
He is public speaker and delivers
workshops at international events,
including academic environment
He holds and advanced degree in
Economics from Seville University
(Spain)
Justyna Molendowska-Ruiz
Researcher
Justyna is Economia Creativa's co-
founder. She is project leader and
responsible for the social media strategy,
event management and production.
Her work at Economia Creativa focuses
on digital marketing, research (creative
economy, tourism and hospitality),
photography, creative thinking and
editing, company data management and
events organization.
She holds a MSc in Horticulture from
Lublin University (Poland)
Lifestyle Hotels, Millennials & the Creative Class
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Foreword
“One’s destination is never a place but a new way of seeing
things”
Henry Miller
“The secret of change is to focus all of your energy, not on
fighting the old, but on building the new”
Socrates
he 21st century world is defined by change,
technology and creativity. The native digital
generation, millennials, and the creative class as defined
by Richard Florida, are creating a new way of living,
working and travelling. It’s a new lifestyle.
Hotels, destinations and tourism operators have to rethink
their offerings and being open minded to break old
boundaries.
T
Lifestyle Hotels, Millennials & the Creative Class
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The rise of the lifestyle hotels
Many touristic areas and hotel operators
still focus their model on sun & beach
tourism and ‘traditional luxury’. This
model was profitable till the end of 2010,
however due to stronger competition, ICT,
the improvement of flight connections and
changes in people’s behaviour this model is
not feasible any more.
Hotels, operators and destinations have to
evolve and enter the 21st century creative
movement like Enjoy Lifestyle hotels in
Portugal, the Boutique Experiential Hotel
Network.
Travelers demand unique experiences,
authenticity and meaning. They want to
rediscover places, cultures, people and
ultimately themselves.
The concept of luxury has also evolved.
What we can define as ‘traditional luxury’
is related to wealth and opulence does not
appeal to the new affluent and creative
class and even less to millennials. Instead,
‘new luxury’ is related to stimulation,
diversity, innovation, environment, a sense
of belonging and style. New luxury is,
therefore, a lifestyle.
That is the reason why lifestyle hotels are
emerging in vibrant cities such as London,
New York, Paris, Amsterdam, and many
others, but also in areas that used to be
typical sun and beach touristic spots.
Before Now
Luxury Wealth and
opulence
Stimulation,
diversity and
innovative
environment
Social Class External factors
Based in wealth
and background
Creative class
Ever evolving
Non-conformist
Hotel Place to rest
Comfort
Quality of service
Place to
rediscover
yourself,
Experience
Lobby Hall Happening place
Co-working
Events
Experience Focused in
Rooms and
amenities
Whole hotel,
neighbourhood,
city
Destinations Mass Tourism
Low added value
Passive offerings
Creative Tourism
High added value
Active offerings
What are lifestyle hotels?
Although lifestyle hotels share certain
similarities with boutique hotels, they are
more focused on contemporary design and
architecture, with higher level of
technology and life enrichment-wellness
services.
The most important characteristic of
lifestyle hotels is that they create a unique
relationship between travelers, the local
community, the hotel itself and the
destination in which creativity, self-
expression and identity are the key
elements. They do not just offer a place to
stay; they offer a place to ‘discover your other
side’ as Dream Hotels has stated.
Traditional vs. New Touristic Model
Lifestyle Hotels, Millennials & the Creative Class
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“Who knows what you’ll discover along the
way. A new lifelong friend? A funky mom-and-
pop coffee shop? The perfect photography spot?
An undiscovered local bar? Whatever you seek,
we release you to find it”. NIGHT HOTELS
“We don’t just offer beds to lay your head on
for a night or two – we provide an
introduction to another you. And hey, it’s our
pleasure (and yours) because really it’s your
dream, we just provide the room service. It’s
time to be someone new. To push the
boundaries of your expectations for a hotel
stay. To discover the other side of yourself!”
DREAM HOTELS
The concept of hospitality in lifestyle hotels
has to be as free and open as their guests.
Leading operators have understood that the
food and beverage offerings have to be
vibrant and trendy: from signature cocktail
bars to rooftop and terraces that open the
hotel to the outside world. Often
outsourcing is a great option to bring a
fresher taste and cool feeling to keep the
enthusiasm that new travelers demand.
Millennials and the creative class
Millennials and the creative class are non-
conformist, open minded and original
people who look for human interactions, are
rebellious for change and yearning for a
sense of inspiration.
They demand destinations and hotels where
things are happening. They live their lives
with a YOLO (You Only Live Once) spirit
and do not divide their time as
working/leisure as baby boomers do.
Millennials and the creative class are
constantly connected, they live and work in
a digital way and like to share their
experiences. CitizenM Hotels have
understood this and developed the ‘hive’
lobby room concept creating the perfect
atmosphere for co-working and sharing a
conversation.
Millennials and creatives take with them
their crowd and community way of life
when they travel. They want to feel local
and share life experiences with the
neighborhood they visit.
‘Hive’ lobby at CitizenM Hotels
Lifestyle Hotels, Millennials & the Creative Class
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They want to know what is going on. That is
why many lifestyle hotels feature on their
web and social media what’s on in the
neighborhood. They also describe the
neighborhood itself giving friendly
recommendations to their guests about the
coolest places to visit and best coffee in
town as you can see below at 25 Hours
Hotel Bikini Berlin.
Lifestyle hotels and the creative ecosystem
Lifestyle hotels promote the development of
a creative ecosystem of artists, designers and
entrepreneurs often from their own website.
Because every day is important, they
showcase a calendar with all what is
happening in the hotel and neighborhood.
Like Mundo (see picture) many lifestyle
hotels organize artistic and creative events
that are open to everyone (often free) not
only for hotel’s guests: from jazz concerts to
rooftop night yoga, or coaching sessions in
the lobby for local startups and
entrepreneur clients.
This helps lifestyle hotels to be heard by the
city not just seen by guests because people
share pictures on their social media. And
more importantly, this contributes to create
a local and authentic atmosphere in the
hotel, a sense of community.
It’s all about being social
From the lobby to the rooftop, from the
website to the social media, lifestyle hotels
tell original and imaginative stories to
connect travelers and the local audience
offering an open platform for self-
expression, acceptance and diversity. The
online and social media presence for lifestyle
What’s on in the neighbourhood
ACE Hotel in New York supports local creative
entrepreneurs’ community
Events at Mundo hotels
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hotels goes much more than search engine
optimization and community management.
It’s all about being social and creating a
community, a sense of belonging to an
innovative, youthful and iconoclast crowd.
Storytelling mainly through images is the
most universal and at the same time
personal way to communicate what is
happening. Often, as CitizenM does,
lifestyle hotels feature picture galleries that
guests’ have shared on social media. That is
why visual social media networks such as
Instagram or Pinterest are becoming
mainstreams.
Conclusion
Millennials and the creative class are shaping a new way of living, working and, of
course, travelling. They are non-conformist and search meaningful and authentic
experiences that challenge and inspire them.
Destinations, hotels and tourism operators who would be able to anticipate their needs
and behavioural changes will profit from the new touristic model that has emerged in
the 21st century.
Lifestyle hotels are a consequence of the new demand for ‘happening’ places that
connect people and contribute to build relationships and share lifetime experiences.
Neighbourhoods and destinations themselves are an essential part of the offering for
lifestyle hotels since millennials and the creative class are seeking for places with
identity and want to discover new cultures and traditions. Therefore, lifestyle hotels
have to open their horizons and collaborate with local entrepreneurs, artists and local
authorities to develop a creative ecosystem.
Storytelling through social media networks that emphasizes the images such as
Instagram is the best way to connect with a digital-addict audience.
Social media gallery at CitizenM
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