What's new in hotels, apartments, and accommodations?

What's new in hotels, apartments, and accommodation?

Consumption upgrading is the big era

It is a cliche that consumer upgrades are already changing retail. With the concept of "new retail," outcall massage Hema Fresh, NetEase YEATION, and Overseas Amoy are all hotly sought after, and the market is exploding. As another major consumer market after the people's pockets are bulging, the accommodation industry has also ushered in a new spring.

There will be a shift from public consumption to individual payment methods in 2023 for the accommodations industry, one of the most noteworthy segments of the tourism industry.

It is completely different from the previous hotel industry's fundamental market structure, hong kong erotic massage which is characterized by:

Most people use accommodation information services for their own, personal payment;

Consumers are significantly younger, ranging from 20-40 years old;

The accommodation industry is divided into hotels, inns, apartments, homestays, and other business formats based on the characteristics of consumers.

This comprehensive experience of "the house is used to live in, but also to see and to live in" must be integrated into the accommodation products, making the accommodation industry a comprehensive experience.

The new way out is to upgrade hotels and apartments.

Groggies

According to the "2020 Research Report on China's Big Accommodation Industry Growth", conducted by Yingdi Consulting and students from Erforeign Hotel Enterprise Management and Technology Institute, as of the end of 2019, there were a total of 422,458 service facilities projects in China's accommodation industry. The number of room employees reached 1,5310,732, with a staggering 288,973 solely in the hotel accommodation market. The country also boasts a total of 1,4100,226 guest rooms, averaging 49 per family annually. In fact, hotels make up 68% of the national accommodation industry and hold an impressive 92% share of all available rooms!

As the hotel industry, being the oldest form of tourism and accommodation, experiences a significant proportion of market share, there is limited room for growth. Currently, the industry is being heavily impacted by consolidation efforts. As a service-oriented field, it relies on various factors such as quality, methods, content, attitude and environment to provide exceptional service. It is crucial for businesses in this sector to prioritize improving their service mindset and approach in order to elevate the overall level of high-quality hospitality.

Inflatable

According to Orient Securities' research report last year titled "Focusing on the Rental Market: First-tier Cities are Endless, Second-tier Cities are Growing Fast," China's rental population has reached 190 million people, mainly migrants and college graduates, and the rental market size is 1.3 trillion yuan.

The long-term market is very profitable in terms of unit price, forest price, as well as buyback rate, but at the same time, long-term rental apartment investment, high operational service requirements, and profitability have been the pain points. In order to cut costs, this approach relies on reducing the home experience, and is clearly not sustainable.

The healthy development of the long-term rental apartment market cannot be separated from two core issues, one is professional housing rental services, the other is to improve rental products and post-rental services, as well as professional, large-scale, standardized services. These two requirements can only be met by investors who have a lot of listings and have professional operational services.

Inns and homestays

When considering the traditional accommodation options for travelers such as large hotel chains, unique inns, and spacious apartments, a new type of lodging has surprisingly emerged - the "B&B and inn." This alternative lodging model offers a low investment threshold for businesses and requires only a vacant room and moderate decoration that meets China's online standards to enter the market.

With the growth of middle-income groups and the arrival of two-year-olds, housing above 500 yuan has gradually become the mainstream of consumption upgrading. Increasingly, there is a trend of promoting family and hotel "luxury" as well as the housing phenomenon of "many people and many days".

According to the survey, 51.3% of respondents said they or their friends had had a bad experience when staying at a hotel during the so-called "success is also what, failure is also what" B&B Inn bubble only two years ago. The most common problem for poor experience was that the hotel's supporting facilities were not perfect (54.0%), followed by the health conditions could not be guaranteed (49.2%); poor service attitude (11.9%) also played a role.

What makes you stand in the fresh air?

Professional washing and drying equipment can double the service profit.

The competition of the accommodation industry is a kind of competition of enterprise brand, but also a kind of competition of social service. Those who provide good service, who are better able to accommodate different customer needs, who can occupy a larger market share are those who excel at serving customers. Service can reflect the level of management development, which also includes its own cultural, educational, and spiritual connotations as well as the spiritual life style of employees, and show in front of our public interests through the brand.