After World War II, the American hotel industry grew at a remarkable pace. A three-decade economic boom increased commercial travel and pushed incomes sky-high. In addition, the success of organized labor helped distribute wealth more evenly. The interstate highway system and reliable passenger aircraft also made traveling easier. Traveling and hotels also became an important domestic political battlefield.
Cancellation policies
Cancellation policies for traveling and hotels can vary depending on the hotel you’re staying in. While most hotels have a flexible cancellation policy, others may have stricter ones. Be sure to check the hotel’s website for the latest information on cancellation policies.
Location
Location is a very important factor when traveling and booking hotels. When planning your trip, familiarize yourself with the city’s layout and its surrounding area. Then you can pinpoint potential hotel locations.
Alternative accommodations
While traditional hotels may be comfortable and have a variety of amenities, alternative accommodations can provide a more unique experience. Alternative accommodations are becoming more popular, and the trend looks set to continue. According to a recent PhocusWire study, a 1% shift in the market towards alternative lodgings would lead to a $2 billion shift in bookings.
Off-season pricing
Keeping up with the current trends in the travel industry is important for hoteliers. The travel industry is very dynamic, and months of falling behind can have a significant impact on a hotel’s pricing strategy. However, there are ways to increase revenue per available room and average daily rate (ADR).
Bed and breakfasts
Bed and breakfasts offer a unique experience for travelers. These accommodations usually lack the amenities of a standard hotel, but many travelers are willing to sacrifice some of these for a more unique stay. If you are not one of them, here are some tips for your trip.
Airbnb
When choosing between hotels and Airbnb, you’ll find that Airbnb is generally more affordable. Additionally, travelers can enjoy the convenience of their own space, and interact with the local community. Hotels are also a good choice for those who prefer the convenience of amenities, like turndown service and round-the-clock customer service.