Rich Karlgaard prescribes disruption — and a good night sleep, sans the truffle — to get us moving again:
Residence Inns, Hyatt Places and Holiday Inn Expresses are perfect examples of disruptive technology. They are newer, cleaner and easier to use. They have a simple mission and they fulfill it. They are well-priced and hit the market bulls-eye. Do you really want to pay an extra $200 per day for turn-down service and a chocolate truffle on the pillow … romantic getaways excepted? Whenever I hire a Residence Inn, Hyatt Place or Holiday Inn Express to do a job, I am pleased.
These new mid-market motels are the Charles Schwabs of the hotel world.
Now let us consider a few American industries that are broken or in need of a refresh: health care, banking, automobiles, energy, to name four.
