Since purchasing his first motel in 1990, Bharat Lall, MD, has been buying and managing hospitality properties for over two decades. Currently serving as the CEO and president of Pinnacle Hotels USA, a San Diego, California-based organization which he founded in 1998, Dr. Bharat Lall regularly stays up-to-date on different trends and changes within the hospitality and travel industries.
Like most other industries, the hospitality and travel trades regularly see changes and fluctuations, and already experts within the field are predicting traveling trends for 2015. Most are foreseeing a greater demand for cost-effective travel and the increased use of mobile devices. According to the president of Hotwire, Henrik Kjellberg, travelers are turning to their mobile devices more often for their bookings and travel plans. Because the use of social and digital travel planning is expected to grow into 2015, mobile users will likely be drawn to those travel vendors who offer discounts for booking through a mobile device.
Experts also predict that an increased number of travelers will be looking to save money in 2015; due to this, advance bookings may rise since many companies within the hospitality industry reward the practice with various discounts and sales. Additionally, travelers may choose travel packages more often and seek out discounts that are being offered for booking through specific means.