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Tag: Trend

Is Home Depot (HD) Benefiting From the Stay-at-Home Trend?

The Home Depot Inc. HD, which is a leading home-improvement retailer in the United States, is one of the prime beneficiaries of the coronavirus pandemic-induced a stay-at-home trend across all regions. This trend has proved to be a blessing for the home improvement industry. Notably, there has been a marked increase in repairs and home-remodeling projects in the past few months, as people are spending more time at home due to the increased work-from-home situation.

The company noted that accelerated customer engagement for home improvement in the second quarter of fiscal 2020 led to strong growth in its Pro and DIY customer categories. Notably, it witnessed strong demand for exterior and interior projects like deck building, painting projects, landscape work and home repairs due to increase wear and tear. As a result, DIY sales outpaced Pro sales growth in the fiscal second quarter.

Further, its Pro customers’ sales accelerated significantly

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Hotel Remodeling – Renovation And Interior Design Setting New Trend In Hotel Construction Management

The past three years have been the best for the hotel industry in more than two decades and is expected a boom in coming years. Revenue per available room has jumped to 10% approximately as compared to last year, the biggest increase since 1984.

Hotelier who wanted to capture the market share, increase the revenue per available room of their hotel and enhance their guest’s experiences it is suggested to get some remodeling, interior design or hotel renovation work done to make their success their priority.

Just keep in mind hotel remodeling also accounts complete hotel renovation services, such as restaurants, spas, golf courses, marinas, casinos etc.

The hospitality industry relies heavily on the ability to achieve superior ratings from guests. Defining the guest experience depends on many subtle factors such as the bed quality, fabrics, linens, mirrors, the completed hotel interior is essential for success. And it is … Read More