July 30, 2010 — Time has a unique way of slipping by. Barely 60 years ago travelers were hearing about a new form of commercial transportation that was being introduced and in the blink of the eye the ‘Jet’ age was upon us all.
Today, there are more than a billion passenger trips made each year and it has been reported by several of the major airline manufacturers that not only is this trend likely to continue, it could triple over the next 15-20 years.
Accept, like or dislike ‘change’ it is a part of our daily lives. How the timeshare industry and TS developers embrace the future of the ‘hospitality’ (accommodations) business will surely determine, in part, their continued success or ultimate demise.
Take for example TS developers’ competitors in the hotel/motel and extended-stay all-suites sector whereby many of those companies are beginning to adapt their properties to forthcoming trends such as the ‘futuristic’ notion of robotics, nanotechnology, and biotechnology.
Another sector that is growing rapidly in the hospitality industry is “multi-amenity” hotels that cater to the business traveler and include (e.g.) high-speed Internet connections in their suites to attract guests who are accustomed to and require the highest quality service and speeds available.
More travelers (business and/or leisure) are also living in the ‘streaming’ world, with ‘static’ content becoming as obsolete as flying from ‘coast-to-coast’ on a turbo-prop.
And with more information flowing and consumers demanding to be ‘wired’ (Internet, texting, wireless phones….) 24/7 some travel gurus are even suggesting that being ‘off-line’ itself will ultimately become obsolete as well.
Of course there will surely be many future timeshare owners who are only interested in ‘a place to sleep’, but they may likely not be willing to lay down (e.g.) $25-K and a lifetime of financial commitments for that pillow!
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©2010 Inside The Gate