NFTs give artists more autonomy, but the space is becoming more competitive.
We asked NFT artists if it would be strategic for traditional artists to pivot to the digital space.
NFT artists are now making millions of dollars from their work. But if you re a traditional artist looking to enter the growing space, pivoting solely to NFT art may be more difficult than it seems.
As an artist, there are several benefits to pursuing NFT art. For one, it mimics the global shift towards remote work during COVID-19.
Unlike the 1980s when artists used to cluster in major cities like New York, NFT art has made it possible for artists around the world to achieve financial success, Sergio Scalet of Hackatao, an Italy-based NFT pop art duo, told Insider.
As a result, Marriott has seen a rising demand for its longer stay hotel brands.
The hotel chain is now growing these brands locations and rooms.
Marriott is catering to the COVID-19 trend of longer vacations with a new suite of locations and rooms under its longer stay brands.
This desire for extended trips has been growing since people began considering travel again amid COVID-19. And according to a Vrbo survey of 2,200 US-based travelers in December 2020, almost 40% of those surveyed said their next trip would be at least a week.
Like other travel providers, Marriott has noticed increasing interest for its longer stay hotels, Tina Edmundson, global brand and marketing officer of Marriott International, said in a press release. According to Marriott, this demand stems from both leisure and business travel, with business travelers looking to spend more time out, and leisure small group visitors looking for new places to vacation and work remotely.