The evolution of human needs has led to the creation of new industries; for example, the hospitality and leisure industries.
These provide goods and services in areas such as gaming, lodging, events, sports facilities and equipment, travel, tourism, restaurants, showrooms, franchising, vacation real estate, lodging assets and more. Consequently, the construction, administration and management of these have an economic impact which will be vital for the development of economies after the economic recession.
These industries refer to services and products provided by multiple economic, social or governmental agents. In the public and private spheres, the economic recession, labor stress and social disenchantment have led these developing industries to be included in the projects of governments, companies and families -at all levels- and in turn, private initiative considers them as attractive economic sectors to invest in.
Global confinement has drastically affected consumer behavior; some behaviors have accelerated; others have slowed down or stopped. Most importantly, however, new habits, needs, expectations and quests for experiences have been created. In this sense, discretionary spending has shifted and consumption patterns have changed.
More than 60% of hoteliers in the United States believe that leisure will be the travel segment that will contribute to the sector’s recovery; therefore, a continued increase in these items and a positive impact on the growth of local economies is expected. It is important to consider that these sectors include tangible assets (real estate and furniture) and intangible assets (software and the use of blockchian), which can be a good investment refuge in the medium and long term.
