In 2018, the hotel industry will be in flux after the demise of the Wynn Resorts and the opening of two new hotels in the city: The L.A. Marriott Marquis and the LA Times/Hilton HHonors.
However, in the next few years, hotel owners will have a new source of revenue, and that will be through the creation of a new type of luxury hotel: linq hotels.
According to a press release issued by L.O.R.I., “the new hotels will offer an additional type of lodging experience that includes a wide range of experiences that can only be found in luxury hotels.”
These experiences will include “premium hotel meals and a variety of entertainment experiences.”
In short, these linq experiences will not only be available to the wealthy but also to the poor, elderly, and other guests of L.L.A.’s elite.
According the press release, “The new hotel linq experience will offer the luxury amenities of a luxury hotel experience, including meals, entertainment, dining and entertainment lounges and an expansive, open-air lobby area.
The new hotel will also offer a suite-like experience that can be accessed by guests on the third floor.”
In addition, “the hotel linqs experience will include a new suite level that can open onto the third level of the hotel for a truly unique experience.
Additionally, guests can enjoy complimentary access to the second floor of the L.
R Hotel for the purpose of meeting, dining, shopping, or even relaxing.”
In the press conference, L.I.R.-L.O.-H.L.-L, an advisory committee, was asked, “What are the unique experiences of linq?”
The answer: “The experience of linqs is unique.
It is a luxurious hotel experience that has been designed for the affluent and well-to-do guests who can access the suite level on the L-R Hotel on the Third Floor of the Marriott Marquise.
These guests can experience the unique luxury of a luxurious luxury hotel with a high-end hotel experience.”
The committee also answered, “There are a variety and options available for the luxury suite on the Marquise that include: a full suite-level, a suite level with dining, entertainment and lounging, and a suite on two levels with loungings and entertainment.”
What does all this mean?
The hotel industry has been in a state of flux for some time now.
While some hoteliers have seen their revenues plummet due to a lack of competition and an influx of cheaper foreign and other international travel, others have been able to maintain their profits due to the success of their hotels and other services.
In 2019, for instance, the average cost of lodging in L.S. grew an astounding 5.2% to an average of $4,000.
In 2020, it rose to $4.4 million, and by 2022, it surpassed $5 million.
As the industry continues to experience the rapid growth of the consumer electronics and digital media industries, the need for hotels will continue to grow and expand, as well.
The L-L-L Hotel, which opened in 2017, has been very successful in the business.