How millennials perceive leisure luxury hotels in a sharing economy?

Abstract

The introduction of both the experience and sharing economies can potentially be seen to be the start of a new type of luxury accommodation, but is that really true? The generation best adapted to such changes, who are also the generation to shape the future is the millennials. However, the research literature does not seem to understand millennials’ expectations of what tangible and intangible variables are to be found in luxury accommodation. This conceptual paper will attempt to fill this gap, taking a critical look at the future of the leisure luxury accommodation industry.

Keywords:

• experience economy
• leisure travel
• luxury hotels
• millennials
• sharing economy