YPB&R's predictions for 2007

Hospitality industry watchers Yesawich, Pepperdine, Brown & Russell have released their 2007 predictions. Among them are that leisure travel will continue to outpace business travel as business folks try to replace trips with technology; and that air and hotel rates will continue to rise. I thought this one was interesting, too:

The new “lifestyle” hotel brands such as NYLO, ALOFT, etc. will continue to gain both exposure and popularity among the next generation of travelers (the Millennials), as well as more mature travelers who wish to look, act and feel like Millennials