Jamie Lane

speaker

406 appearances 1 recordings 1 series first heard Jul 2026 last heard 7 Jul

Jamie Lane’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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STR Global Unlocked with Simon Lehmann · 039: Hospitality Isn’t Ready for the Future Guest | Jamie Lane · 7 Jul 2026 podcast

Like you saw it with computers, like the spreadsheet was gonna put bookkeepers out of business.

And largely it did, but then it created this whole new economy of accountants, analysts, consultants that were able to build businesses off of using the spreadsheet.

So there's always sort of destruction happened in the economy, but ultimately there's new businesses, new opportunities created off of new technology like this.

Yeah.

I the there the reality of travel is it is a luxury good uh and it's sort of based on and us having discretionary income.

Uh and travel is one of those first things that starts getting cut when there is a recession.

It's also one of those thirst first things that gets brought back.

And when things are going well, as we saw during COVID, like and there's lots of uncertainty, but that first thing you go and start spending on is that trip.

But when you think about I uncertainty broadly out there, like we saw it last year.

Um, we're seeing it now with higher gas prices, with the war in the Middle East.

Like w, I mean, that does cause people to change their behavior.

And and maybe people are still gonna take their annual beach trip.

But it's that second or third trip, it's that extra like and spontaneous weekend away that you're gonna do with your wife and your kids that I is purely discretionary.

And when we don't have when you do have a little bit more income and you absolutely take that extra trip, like travel and experiences is one of those things that people really do like to splurge on when they have a little bit of extra money in their bank account.

But also when they see it dip, like it's the first thing you're like, guys, like I'm let's go to the park this weekend.

Like we don't need to go up to the mountains.

Uh so yeah.

Yeah, it our industry is is so exposed to changes in income, uh, because of that.

And you can see that going back through every cycle that we've seen over time.

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