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Short term hospitality: changing consumer needs

19 July 2021

Short term hospitality: changing consumer needs


Valerio Fonseca, our CEO, spoke at the Hospitality Forum 2021 organised by Castello Sgr and Scenari Immobiliari.

During the event, several topics related to the hospitality sector were discussed, from the restart after the effects of the pandemic crisis, to the focus on the renewed interest of investors in the short term sector in Italy.

Here are Valerio Fonseca's words: "I believe that the short term hospitality market will undergo major changes over the next few years. The demand, which I feel is growing stronger every day, is for people who want to travel and discover new cities without losing the warmth and comfort of home, for a high quality accommodation solution - even for short term stays - combined with a wide range of services. No longer the classic hotel room, but a welcoming and functional space.
As is historically the case after a period of crisis, the market will tend to favour large players, solid and structured, capable of making large investments and industrialising an increasingly hybrid offer, made up of medium/long term solutions alongside short term proposals.
We, too, are looking at the evolution of the market, aiming to expand our solutions and improve our product in terms of quality and services.”
 

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