Produced by SilverKris for Singapore Management University Lee Kong Chian School of Business
With the busy New Year and Lunar New Year vacation season behind us, one factor is obvious: luxurious journey isn’t what it was once. Whether it’s more and more personalised digital profiling, a better consideration to psychological wellness or all of the perks of work at home (WFH), travellers in 2023 count on extra. And accommodations are working arduous to catch up.
We communicate to Tom Lou, Director of Luxury & Lifestyle at IHG Hotels and Resorts, about how accommodations are approaching this new period of journey – and why getting an Executive MBA is smart for even seasoned lodge management.
What’s totally different about luxurious hospitality now that journey has reopened?
Hotels are an age-old enterprise, and previous to the pandemic, digitalisation was not prioritised. The pandemic undoubtedly accelerated this, and accommodations are going by means of a tradition shift. Old fashions are in transition. Not simply in the best way that buyers are taking a look at visitor rooms nearly or doing their bookings digitally, but in addition the best way customers are travelling. The WFH life-style is a brand new factor that accommodations are adapting to.
What would you say are the principle developments in luxurious journey in 2023?
The first is bleisure, or enterprise meets leisure. In a post-pandemic world, lots of people are adopting a hybrid work sample. Expedia quotes that 76% of deliberate work journeys are prolonged and a few even cross into holiday-making. Hotels tailor their facilities to this market by guaranteeing work desk in your lodge room, a correct laptop computer setup, writing supplies in addition to espresso or tea at your disposal – all within the consolation of a pleasant lodge surroundings.
The second is wellness. Before the pandemic, wellness-centric journey was gaining recognition however Covid-19 undoubtedly sped it up. Being cooped up at house affected individuals’s psychological well being. There is a rising need to realize peace of thoughts, physique and soul when one travels. Surveys have indicated that mindfulness and meditation getaways are getting extra standard.
And in fact, there’s sustainability. In different phrases: purpose-driven journey. There’s a rising variety of travellers who go off the crushed observe and prioritise environmentally pleasant accommodations and lodging. Hotels accommodate this want by offering eco-friendly merchandise together with their facilities, adopting natural meals into their menus and supporting their native communities.
What are the brand new traveller expectations that hospitality leaders need to deal with?
The trendy traveller now more and more expects seamless, personalised and immediate service. It’s all about comfort with out compromising on high quality. Luxury accommodations are undoubtedly looking for that steadiness.
What improvements are wanted to fulfill these new expectations?
It’s important to handle visitors’ expectations and perceive their journey patterns so we will discover ways to customise their experiences accordingly. Data analytics helps us there. Forward-thinking and express-service accommodations are faster in adopting digital providers, however grand luxurious accommodations nonetheless have the dilemma of sustaining their service touchpoints. If the whole lot is simply too digitalised, it compromises the human contact. Finally, even with borders reopening, restrictions nonetheless exist. A private and present problem of mine at my present position are the restrictions for the totally different market segments that we wish to purchase.
Can you give an instance of a property that’s pioneering post-pandemic luxurious journey?
The Bawah Reserve, a non-public island resort in Indonesia’s Anambas Archipelago, presents wellbeing packages coupled with yoga courses, deliberate lunch and dinner in keeping with your weight-reduction plan and meditation classes throughout dawn and sunset. They additionally assist their neighborhood by buying seafood from the native fishermen, which they serve to visitors on the lodge restaurant. A enjoyable truth about this luxurious resort: No bushes had been harmed within the constructing of this lodge. It was all hand-built, taking eight years to finish. In truth, the steps that result in the restaurant are carved out from a rock.
You’ve labored in a number of totally different areas – what are the regional variations in how accommodations are adapting to new expectations?
In Singapore, the tradition is “luxury meets convenience”, whereas in Hong Kong, it’s all about urgency. So understanding the tradition of a specific area, embracing it and adapting to it are important. On an aesthetic degree, the diversifications are extra seen and obvious. For instance, Capella Singapore is lush and inexperienced as a result of it’s constructed on an island and the interiors respect the truth that it’s a colonial constructing. By distinction, on the InterContinental Singapore at Bugis Junction, you’ll see the Baba and Nyonya influences with the Peranakan-inspired tiles and motifs within the lodge foyer.
In the center of a profitable profession in luxurious hospitality, you selected to do an EMBA at Singapore Management University. How has it enhanced your perspective of the luxurious hospitality business?
I used to be seeking to problem myself, and improve skillsets in different areas resembling innovation, economics and monetary evaluation. To progress to larger administration within the luxurious hospitality business, these are the skillsets that are vital to undertake. I went with SMU EMBA for its model worth and recognition, prestigious alumni and in addition its community. I had the pleasure of assembly new individuals in numerous levels of their careers, industries and backgrounds. I discovered how nations resembling Thailand, Spain and the United States do enterprise, gaining a helpful world perspective whereas additionally specializing in Asian insights.
For extra info on the EMBA programme at Singapore Management University Lee Kong Chian School of Business, click on right here.