With each passing day comes new technology and lifestyle trends that are changing the way in which we live. One may wonder: what is this going to mean for providers of long-stay apartments?
Investment in Tech?
Every single day new smart technology is being introduced into the home. We see automated monitoring for heating and cooling as well as innovative controls for ovens and bathtubs. In addition, robots can now care for our pets and do many household chores, and that is just the beginning of this technological revolution. Technology also has the ability to alter the state of the home’s decor. It is possible to call upon a digital butler for a variety of activities or change the look of the home with digital pictures.
We may very well have already hit the peak in technology. It seems as though technology is so much a apart of our lives, that a potential backlash is just waiting in the wings People have begun to ask for tech free spaces; can it be long before the advent of tech free buildings? As consumers become disenchanted with technology, could they long for face to face interactions by way of communal areas?
Apartments are shrinking all across the globe, yet consumers still expect to have similar amenities. With the rise of modular and movable apartments, it is possible to enjoy all of the comforts of a traditional apartment in under 20 sqm.
However, modular living can be quite expensive. Up to now, one cannot determine if this type of lifestyle is worth the high cost. Another option that may be rather appealing is co-living, which offers sleeping pods with available access to a communal space through co-living areas.
A Green Life
Environmental pressures are only going to worsen over time through the response of consumers and legislation. With that in mine, environmentally friendly materials are being used much more widely. There are carpets that have the ability to convert carbon to oxygen and building materials capable of establishing green walls and moss.
Food packaging and waste will be a minimum due to grocery sharing and on-site food preparation. In addition, energy can be stored and created on site through the use of smart windows, solar panels, even gym equipment. As we continue along this path to a healthier and cleaner environment, consumers are going to have to look long and hard at the convenience of some amenities.
It is estimated the the sleep insomnia industry will be well over 80 billion dollars by the year 2020. Sleeping machines have the ability to monitor sleeping patterns as well as enhancing sleeping patterns through the use of lighting and sound. Smart beds can help to regulate the bodies temperature while digital butlers can remind us to exercise and hydrate.
Before we look into how technology can give a better night’s sleep, you should investigate the primary fundamentals: a good mattress as well as the right amount of lighting and acoustics. Technology very well may interrupt the sleep patterns of an individual. We very well may see that consumers opt of a complete blackout.
Today we see virtual reality as a fun form of entertainment, whereas it may become more essential in communities later on. We could expect virtual reality to take the place of the resident’s lounge at a later date.
What Is on the Horizon?
We see a lot of new technology on the horizon and many hospitality leaders are looking to improve their products, as in these serviced apartments in Hampshire. While many of these improvements will be embraced, there should be a note of caution. If a backlash against technology is to be avoided, industry leaders must be mindful of how they use it. Technology should only be used to help improve the consumer’s overall experience. Over time, we should expect to see minimal changes as opposed to a dramatic shift in the way we live in apartments.