Brand intimacy agency MBLM recently revealed the hospitality and theme parks industry is not actually led by hotel brands, but by two theme parks, in its Brand Intimacy 2017 Report. The report, which is the largest study of brands based on emotions, found that Disney Parks and Universal Theme Parks ranked first and second in the industry.
“Theme parks are interesting examples of manifesting brand intimacy. They master the customer journey, creating distinct and varied experiences and provide indulgence and entertainment, two things that strongly align to consumer needs now,” said Mario Natarelli, managing partner at MBLM, in a news release. “Theme parks have created well curated, one-of-a-kind, brands experiences that resonate with people.”
Disney Parks and Universal Theme Parks also stand out from the rest in the industry in terms of percentage of consumers willing to pay 20 percent extra, roughly double the industry average.
Brand Intimacy is defined as a new paradigm that quantifies the emotional bonds people have for brands they use.
One of the overarching ﬁndings of the Brand Intimacy 2017 Report was that consumers, particularly Millennials, are seeking an escape from the real world in the form of media and entertainment, and theme parks are delivering on those requests. Theme parks utilize sophisticated technology and advancements in robotics and virtual reality make the parks exciting and realistic, while the Internet of Things (IoT)-enabled wristbands, like Disney’s MagicBands, and smart applications will make the parks interactive, tailoring experiences to each consumer by storing and sharing relevant data.
Other U.S. hospitality & theme parks industry findings include:
- The archetype most associated with hospitality and theme parks is fulfillment, which relates to exceeding expectations, and delivering superior service, quality and efficacy
- Women and millennials favor Disney Theme Parks
- The strength of nostalgia and indulgence delivered by theme parks is the key difference on how theme parks build intimacy. Theme park brands know that you don’t make memorable experiences by delivering quality products and services, but by creating moments of gratification and feelings of nostalgia
This year’s report contains the most comprehensive rankings of brands based on emotion, analyzing the responses of 6,000 consumers and 54,000 brand evaluations across 15 industries in the U.S., Mexico and UAE. MBLM’s reports and interactive Brand Ranking Tool showcase the performance of almost 400 brands, revealing the characteristics and intensity of the consumer bonds. Download the Brand Intimacy 2017 Report here.