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77
100 Things to Watch in 2012
BACK TO 100
Image credit: Public
In line with Navigating the New Normal, one
of our 10 Trends for 2012, more brands in more
categories will embrace the idea of “pay less, get
less,” with “less” referring to amenities, features,
conveniences, etc. For example, U.S. gym chain
Equinox launched Blink Fitness in 2011—very
cheap fitness centers that offer the basics and
nothing more. And hotelier Ian Schrager opened
the first in a planned line of value-oriented
hotels, dubbed Public, that “will only offer
services that matter, those that guests really want
and need rather than an array of superfluous
services they do not use.”
Stripped-Down Products/Services