Documente Academic
Documente Profesional
Documente Cultură
Starwood
The Future of
Travel.
Its not the car you have; its the places you
go and the experiences you have.
In the future, people will own whatever they
want responsibility for. And I think what
theyre going to want responsibility for the
most is their reputation, their friendships, their
relationships, and the experiences theyve
had.
- Brian Chesky, Founder, Airbnb
Road Map
n
The Team
Background
The Survey
Results
Recommendations
The Team
n
Millennial
Entrepreneurial
Innovative
Tech-savvy
Background
n Social
Now, it matters less what a brand says about itself; what matters is
what people say about a brand. Companies that do not cultivate a
transparent, authentic conversation with their customers will
perish. Theres no room for smoke and mirrors in todays socially
networked world. The Four Seasons Luxury Trend Report 2012
Starwood
n
1st Google Glass app (StarLab), aloft Robot Butler ALO in Cupertino
Objective
n
10 questions in total.
n
The survey
n
Q6: What are the 3 coolest and most innovative mobile apps?
Why? (for example: I like Fab because it allows me to buy my
favorite trendy & eco-friendly items in a flash; Flipboard an
innovative, fun and interactive way to read news; I like travel
and banking apps in general, etc.)
The survey
n
Q8: If you were given a free stay at a luxury hotel, what ideal
features and amenities would you look for? What would you
also dream of having in the future?
+
n
The results
Q2: Please select 10 to 15 of the following qualities that best
describe you:
Cautious consumer
Globally minded
Pessimistic
Offline
+
n
The results
Q2: Please select 10 to 15 of the following qualities that best
Independent
describe you
Conservative
Ambitious
60
Pessimistic
Trendsetting
Optimistic
50
Creative
Family-oriented
40
Content
Confident
30
Offline
Liberal
20
Locally minded
Pessimistic
Globally minded
Moderate
Information hungry
Healthy
Impressionable
Highly social
Cause-driven
Charitable
Eco-conscious
Digitally savvy
Innovative
Career-driven
Cautious consumer
Always online
+
n
The results
Q2: Please select 10 to 15 of the following qualities that best
describe you
Top 15 qualities that post-millennials identity with
Information hungry
41
Globally minded
41
42
44
Liberal
45
Confident
Family-oriented
46
Creative
49
51
Optimistic
Ambitious
57
Independent
57
0
10
20
30
40
50
60
+
n
The results
Q3: Generally speaking, how important are these factors in
influencing your purchasing decisions?
+
n
The results
Q3: Generally speaking, how important are these factors in
influencing your purchasing decisions?
45
Important
Very Important
40
35
30
25
20
15
10
5
0
Word-of-mouth Online Reviews Print magazines
(Friends,
and
family...)
Newspapers
Television
Blogs
Facebook and
Street
Mobile Apps
Social media Advertisements
(Twitter,
Pinterest...)
+
n
The results
Q4: What are your favorite brands, and why?
Uniqlo
J Crew
Nike
H&M
Forever 21
Burberry
Diptyque
James Perse
Google
Amazon
Apple
Brooks Brothers
Toms
Ralph Lauren
Whole Foods
3
10
8
6
5
2
2
2
5
3
23
4
2
6
5
0
10
15
20
25
+
n
The results
Q4: Top adjectives used to describe favorite brands: Quality &
Reliability, Classic & Timeless, Design & Aesthetic innovation
+
n
The results
Q5: Please rate how important the following qualities are
when considering whether or not to buy a product.
+
n
The results
Q5: Please rate how important the following qualities are
when considering whether or not to buy a product.
24
Ease of use
15
Design
28
29
Design
2
Exclusivity
34
Popularity
42
10
Quality
50
22
8
20
Brand
22
Price
35
23
0
10
20
30
40
50
60
+
n
The results
Q5: Please rate how important the following qualities are
when considering whether or not to buy a product.
Price
50
45 35
40
Ease of use
42
35
30
24
Brand
23
25
22
20
15
Design (innovation & tech)
10
28
15
0
2
34
29
3
10
22
Design (aesthetics)
Quality
50
Exclusivity
Popularity
+
n
The results
Q6: What are the 3 coolest and most innovative mobile apps?
10
15
20
25
30
35
+
n
The results
Q6: What are the 3 coolest and most innovative mobile apps?
Why?
n
Maps apps, Kindle, Music apps (to compose especially). I love the
convenience of these apps the most.
+
n
The results
Q6: What are the 3 coolest and most innovative mobile apps?
Why?
n
I use apps to find out about local deals, places to go and things to
do. I want to save money and find unique things.
Lovely super clean and simple UI that allows you to search for
apartments with ease.
+
n
The results
Q7: What is the best vacation or hotel you remembered?
What were some details or factors that made the trip so
memorable to you?
Location (near downtown, activities,
nature)
Complimentary services & products
Aspects of Design & interior
Hotel food
Staff demeanor & friendliness
Comfort
Family & friends
Adventure & entertainment
10
15
20
25
+
n
The results
Q7: What is the best vacation or hotel you remembered?
What were some details or factors that made the trip so
memorable to you?
n
+
n
The results
Q7: What is the best vacation or hotel you remembered?
What were some details or factors that made the trip so
memorable to you?
n
Many of the National Park lodges are the best hotels I have stayed
in. Although they haven't necessarily been the nicest as far as
amenities go, they really captured the feel of the area, which very
much made me feel like I was in a new place for vacation.
Lebua at State Tower in Bangkok was by far the best hotel I've ever
stayed at. The attention to decor, Bulgari bathroom products, and a
breakfast buffet that catered to every nationality present in that
hotel was truly inspired.
I stayed at the Westin Boston Waterfront and loved it. The staff was
extremely courteous; the room had an incredible view, and was
spacious without having the "cookie cutter" feel that a lot of hotels
do.
+
n
The results
Q7: What is the best vacation or hotel you remembered?
What were some details or factors that made the trip so
memorable to you?
n
+
n
The results
Q8: If you were given a free stay at a luxury hotel, what ideal
features and amenities would you look for? What would you
also dream of having in the future?
COMFORT & CONNECTIVITY
n
Old school charm over the new "luxurious" stuff. Give me a cup of coffee and
some 19th century architecture over shiny glass and an interactive mirror on the
wall, or high-tech bathroom. If I wanted to stay at a Hilton or Hyatt, I'd eat at
McDonalds too, you feel me?
Absolute convenience. I want to be catered to. I also want connectivity with the
rest of the world while being isolated in my room.
I'm a fan of the basics, like a hair dryer, basic toiletries, free breakfast, but also I
know that when I traveled I had things stolen or lost and I know that I appreciate
hotels that provided help in procuring new items.
+
n
The results
Q8: If you were given a free stay at a luxury hotel, what ideal
features and amenities would you look for? What would you
also dream of having in the future?
AMENITIES
n
Ideal features would be a wonderful Whirlpool tub. I would dream of being able to
be massaged in the comfort my room, perhaps after breakfast and before I start my
day (assuming business trip).
iPad, phones available to rent, clothing or amenities to rent from hotel. Lifestyle
concierge service either included in room rate or daily charged with a small fee.
I always like cool branded items sprinkled throughout the room (I've seen some
nice stationary at hotels etc). The Ace Hotel collaboration with Opening Ceremony
seems pretty cool and effective as far as promoting the brand. A great restaurant in
the site always nice.
+
n
The results
Q8: If you were given a free stay at a luxury hotel, what ideal
features and amenities would you look for? What would you
also dream of having in the future?
MEETING PEOPLE & HOTEL COMMUNITY
n
"Happy hour" (similar to the one done by embassy suites), outdoor or inclusive
activities with the guests.
Maybe a digital network of people/travelers that have been to the area or have
heard of cool under-the-radar places. I like scavenger hunts: what if there were a
hotel app that was a scavenger hunt which would allow you to discover these 'cool'
local places on your own, with a group of friends, and create a photo documentary of
your experience (which would be aided by this app).
Eco friendly in-house dry cleaning/launder service, and if I were traveling alone I
would want some sort of way to connect with people of my age and interests that
may be staying in the hotel.
+
n
The results
Q9: Thinking broadly, as a millennial consumer, what would
you like to see companies spend more resources on
nowadays?
Design, art & culture hub
Local engagement
CSR & values in action
Global & ethical footprint
Innovation & technology
Transparency & quality
Environmental sustainability
0
10
15
20
25
30
35
40
+
n
The results
Q9: Thinking broadly, as a millennial consumer, what would
you like to see companies spend more resources on
nowadays?
INNOVATION & TECHNOLOGY
n
Technology - charging stations, wifi cafes, etc. bridge the gap of home and hotel
using innovative, modern solutions.
Technology that can integrate with the hotel space would be really quite cool.
Things like environmental sustainability and good design are a given now, and it
would be fun to see hotels try to create a more surreal or hyper-real experience.
Technology. I like to imagine that the company ensures that their global footprint is
kept at a minimum. That would be my first choice, but technology would be the
aspect that impacts me directly as a consumer during my hotel experience.
+
n
The results
Q9: Thinking broadly, as a millennial consumer, what would
you like to see companies spend more resources on
nowadays?
ENVIRONMENTAL SUSTAINABILITY
n
Environmental sustainability, because I want the world to grow and prosper for our
future generations, and it is almost selfish for them to not invest in this with the
money they have. Innovation and technology go hand in hand with this, because
companies can and should find environmentally sustainable solutions to their
problems and technology.
Environmental Sustainability- while it'll take an initial investment, it'll pay off in the
long run. Take solar panels in many house around the Bay Area. Those homes are
actually selling electricity now.
+
n
The results
Q9: Thinking broadly, as a millennial consumer, what would
you like to see companies spend more resources on
nowadays?
LOCAL ENGAGEMENT & CSR
n
I'd like to see companies go more local in terms of their impact on local economies
and markets. I think some of the most successful hotels I've been to have emphasized
"the local" through their menus or in their outing options.
+
n
The results
Q9: Thinking broadly, as a millennial consumer, what would
you like to see companies spend more resources on
nowadays?
TRANSPARENCY & QUALITY
n
Consumers are becoming more cautious nowadays, and we support good causes.
We want to feel good when we purchase.
I like companies who focus on delivering high quality products and not focus
their energy on ridiculous gimmicks. For alcohol, please focus on the taste not the
shape of the bottle.
It's easy to see through marketing bullshit, and I would be more impressed if any
environmental initiatives were indicated in a simple, very subtle way.
Better hiring practices treating employees with dignity and respect goes a long
way in the workplace. Increasing respect = friendlier staff = a more pleasant
experience for me.
+
n
The results
Q10: Just an exercise: If you were the CEO of a global hotel
company, what innovative strategies would you pursue?
n
Global expansion in a way that improves my brand image. Connect better with
the young.
Try to go to new lengths to make sure that my hotels are not just flying in a little
slice of the first world to keep the wealthy happy whatever that might mean.
Green roofs, solar panels, local input and consideration, keep staff happy and
message boards throughout
A cradle-to-cradle hotel: a hotel that takes out just as much as it puts in. Meaning
wholly, or almost sustainable and ethical. It would involve some bad-ass design
innovation but is completely sustainable and looks aesthetically different, yet,
beautiful would be pretty cool.
+
n
The results
Q10: Just an exercise: If you were the CEO of a global hotel
company, what innovative strategies would you pursue?
n
Develop the hotel community so that it isn't just a comfortable place to be and be
served. I would like for a hotel to be a place where I can go learn something and
become interested in things via short talks by local experts, dinners, workshops etc
that I can participate in either for little or no charge which I would find enriching for
my mind. I feel cultural and intellectual stimulation could be an area hotels could
explore more of, since the body-health axis and spas are exhausted.
I would try to make my hotels into entertainment hubs. Hotels can be more than
bedrooms. They can have actual galleries with thought-provoking exhibitions (not
just a series of artworks hung for decorative purposes); they can host concerts (not
just some light music for cafe background music); they can have book clubs and
meetings.
Innovate, innovate, innovate. Global expansion in the most efficient manner that
solidifies my brand. Be more conscious of the environment. The luxury products and
services world has much potential and it is serving a great human need the desire
to feel good about ourselves. Go Starwood!
Are agents of Change: Have a strong stance on social issues and fight for
causes they believe in.
Desire high quality of life Eating well, healthy living, respect for the
planet, and time for leisure are very important.
n Cooking and eating well is a passion point for many millennials.
Brand Amplitude, 2013
Are tech-savvy; the group with highest rate of social media usage.
Despise Waste: try to live within their means and value eco-friendly, green
products and brands.
In the news
In the news
The growing global middle class & a shift to younger luxury travelers
+
Its not the car you have; its the places you
go and the experiences you have.
In the future, people will own whatever they
want responsibility for. And I think what
theyre going to want responsibility for the
most is their reputation, their friendships, their
relationships, and the experiences theyve
had.
- Brian Chesky, Founder, Airbnb
The gist
n
Our Recommendations
n The
App
n The
Closet
n The
Foundation
n Portal
of Discovery
THE APP
42% rank ease of use as very important, after only quality and above
both price and design.
n Marketing
opportunities;
partnerships and collaborations
n Solidify
n
n Enhance
n
Marketing to Millennials
THE CLOSET
Benchmarks
Fashion Rental Companies
n
Something Borrowed, NY
The Closet
How it works
n
The Closet
Hotel benefits
n
The Closet
Guest Utility
n
Reinvent yourself
Giving by Doing
Going global, engaging local in a responsible manner
The Foundation
Rationale
n
Aside from innovation & technology, 2nd & 3rd highest categories
survey respondents would like to see companies spend more
resources on: environmental sustainability and local
engagement. (Q9)
New vision
The Foundation
n