Adjacent Spaces have certainly gained momentum as a growing trend during the pandemic.
In this roundtable we are looking at sweating the assets, as Jonathan asks our guests how are hotels making the most of their real estate?
How can hotel operators adapt, where are the opportunties and what tools do they need to really capture that growth?
Bali explains how optimising the use of space creates more flexibility and diversity of revenue sources, which will be consumer friendly as well as satisfying the needs of the investors.
Yazbeck takes us through how Accor's brands as a whole have adapted their model to a lifestyle, while Collet describes how the design of hotels needs to be versatile to offer something for everyone.
Sleep, work, life, play sums up the sentiment of Ewald, integrating the customer needs.
Widmann describes the growth in adjacent spaces as a "revolution in the hospitality sector" which needs to be harnessed.
It doesn't stop here - don't miss part two where we continue the conversation and debate whether the sector is creating enough disruption in this changing landscape.,
This week's panel was hosted by Alexi Khajavi, Jonathan Langston and Julie Rey-Gore with guests:
Andreas Ewald, Managing Partner, Engel & Volkers Hotel Consulting
Camil Yazbeck, Senior Vice President, Head of Development Europe, Accor
Fabrice Collet, President & CEO, B&B Hotels
Michael Widmann, Managing Partner, PKF Hotels
Navneet Bali, Founder and CEO, LyvInn