Have you heard about "experiential retail" yet?
According to a recent report by Globetrender, Experiential Retail is slated to be one of the top 10 trends in the hospitality industry for 2024.
So how does Reevela see Experiential Retail happening in hospitality?
We see this trend as all about transforming non-traditional settings, such as hotels and restaurants into showrooms and allowing the experiences guests have with interior design products to become the foundation for their decision to purchase. Embracing this trend will not only boost brand awareness for design companies and create new revenue streams in hospitality, but it will also help venues better support their local designers and artists by allowing them to share product information with a guests directly at the point of discovery.
Reevela: Experiential Retail Pioneers?
We believe we are at the forefront of Experiential Retail and are keen to redefine the way people interact with and take home their memories in a physical form from the places they visit. As the world shifts towards valuing experiences, we're excited to see this trend gaining recognition in the hospitality landscape.
The future of guest-centric hospitality
As we step into 2024, it’s evident that the lines between hospitality and retail are becoming more blurred, so offering guests an all-encompassing experience is essential.Are you ready to develop experiential retail at your hospitality venue?