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The “Forgotten Middle”: Housing America’s Middle-Income Seniors and Solo Agers
Arianna Leopard Arianna Leopard

The “Forgotten Middle”: Housing America’s Middle-Income Seniors and Solo Agers

An undersupplied market meets shrinking family caregiving and rising costs—leaving taxpayers on the hook.

The silver tsunami has a middle swell. By the end of this decade some 14m Americans will enter the ranks of “middle-income” seniors: too well-off for Medicaid, too poor to afford most private-pay housing. By 2033 that figure will climb to 16m. By 2033 that figure will climb to 16m; 72% will be unable to afford assisted living if home equity is excluded, and even counting it, 39% still fall short. For developers and policymakers alike, this is less a niche than a looming crisis.

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The Hotelification of Housing
Arianna Leopard Arianna Leopard

The Hotelification of Housing

Branded residences are no longer a novelty. They are a maturing asset class—where hospitality, real estate, and branding intersect to deliver returns beyond traditional housing models. In a market flooded with design but thin on dependability, trust has become a monetizable asset. And for now, the brands are delivering.

The question is no longer whether the branded residence model works. It is which brand you will live in—and whether that brand will still matter ten years from now.

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Golf Tourism: A Leisure Industry Swings into a New Era
Arianna Leopard Arianna Leopard

Golf Tourism: A Leisure Industry Swings into a New Era

Golf tourism has evolved from a niche pursuit of retirees into a fast-growing, premium segment of the global leisure economy, worth $25.3 billion worldwide and expanding at nearly 9% annually. In the U.S., more than 12 million golfers now travel each year—spending $31 billion—driven by a younger, more diverse, and wealthier demographic that blends golf with wellness, gastronomy, and cultural experiences. Millennials and Gen Z account for over 40% of the market, while women’s participation is at a record 28%, up 41% since 2019. Destination favourites range from Florida and Oregon to Scotland and the Caribbean, with high-spending travellers taking one or two golf trips a year and spending up to 120% more than the average tourist. Resorts, hotels, and legacy clubs that have embraced chef-led dining, spa facilities, sporting diversity, and curated lifestyle programming are thriving; those that remain purely golf-centric risk leaving significant revenue on the table.

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The Future of Private Golf Clubs in Scotland: Evolution or Erosion?
Arianna Leopard Arianna Leopard

The Future of Private Golf Clubs in Scotland: Evolution or Erosion?

Private golf in Scotland, the game's ancestral home, is facing a test no hickory club can solve: irrelevance. Once the global model for genteel membership and immaculately kept fairways, the country's private clubs are struggling to reconcile their storied past with a precarious present.

Faced with demographic drift, financial strain, and shifting tastes, even the most traditional institutions now confront a quietly existential question: Will your club seize expert insight now—using complex data and fresh strategy to turn thinning tee-sheets into tomorrow’s growth—or wait until the last loyal four-ball realizes the future has already teed off elsewhere?

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Small is Surging: The Boutique Boom in American Hospitality
Arianna Leopard Arianna Leopard

Small is Surging: The Boutique Boom in American Hospitality

In the post-pandemic age of experience-first travel, small has become not only beautiful, but bankable. Across America, boutique hotels—especially the most diminutive of the breed, with fewer than 30 rooms—are attracting an outsized share of affluent travelers and investor interest. Once a sideshow in the broader hospitality sector, these bespoke boltholes are increasingly center stage, thanks to a potent blend of intimacy, narrative flair, and pricing power.

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The $2 Trillion Rebuild: How Cities Are Turning Retail Ruins into Experience-Driven Ecosystems
Arianna Leopard Arianna Leopard

The $2 Trillion Rebuild: How Cities Are Turning Retail Ruins into Experience-Driven Ecosystems

For decades, shopping centers defined suburban expansion across the United States. Today, many of those once-booming malls sit half-empty or shuttered. Roughly a quarter of America’s 1,000 traditional malls are projected to close by 2030, according to retail analysts at Coresight Research. But the decline of the traditional mall is not the death of retail—it may be its rebirth.

This shift reflects more profound changes in urban economics and consumer expectations. With interest rates and inflation squeezing both municipalities and private capital, foot traffic is no longer simply a retail metric—it has become a proxy for local vitality. The goal is not merely to lease space but to cultivate ecosystems.

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The Country-Club Comeback: How Millennials Are Re-Coding Golf’s Most Exclusive Spaces
Arianna Leopard Arianna Leopard

The Country-Club Comeback: How Millennials Are Re-Coding Golf’s Most Exclusive Spaces

Country-club clubhouses—formerly oak-paneled relics of three-martini privilege—are in complete retrofit. From Scottsdale to Westchester, they’ve morphed into hybrid hubs where digital nomads upload pitch decks between holes, toddlers cannonball post-swim, and Michelin-minded chefs plate beet-cured hamachi for Saturday socials. The catalyst: a dial-up-raised, Peloton-streaming cohort now recoding golf’s stuffiest spaces into all-in-one lifestyle operating systems.

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Beyond Anchor Tenants: Designing Experience-Driven Districts Where Culture Becomes Capital
Arianna Leopard Arianna Leopard

Beyond Anchor Tenants: Designing Experience-Driven Districts Where Culture Becomes Capital

Fifteen years ago, the formula for a thriving master-planned district was simple: attract anchor tenants, fill in with national chains, prioritize convenience, and build for cars. Retail environments were transactional and often interchangeable, designed to maximize square footage, and many environments were built to facilitate consumption, not connection.

That model no longer applies.


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Why the $300B Wellness Boom Is the New Table-Stake for U.S. Hotels
Arianna Leopard Arianna Leopard

Why the $300B Wellness Boom Is the New Table-Stake for U.S. Hotels

Meet Jessica, 36, a Denver‑based UX lead who routinely clocks 70‑hour weeks and tracks her recovery score as religiously as her backlog velocity. She isn’t a wellness purist—she just wants Monday’s sprint review to feel like a victory lap. Jessica personifies a fast‑rising cohort: the secondary wellness traveler who tacks a massage or sound bath onto an ordinary trip and spends 130 % more than the average U.S. tourist. That rolled‑up yoga mat in the overhead bin? It’s not just workout gear; it’s a revenue line on the hotel’s P&L.

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