Market Analysis
Key Market Trends:
Guests want to explore local cultures, and scenic locations like Lake Hickory offer this in abundance.
LOCAL EXPERIENCES:
Modern travelers are seeking eco-friendly properties.
SUSTAINABILITY:
The rise of Airbnb and other online platforms has democratized access to luxury properties.
DIGITAL TRANSFORMATION:
Travelers are seeking more than just a place to stay; they want unique experiences.
MOVE TOWARDS EXPERIENCE-BASED TRAVEL:
Potential Opportunities:
Partnering with local businesses for experiences can add value for guests and create additional income streams.
COLLABORATIONS:
Exceptional service can secure repeat visits.
CUSTOMER LOYALTY:
Luxury properties generally have higher profit margins.
HIGH RETURNS:
