The relationship between traveling and hotels has been around for centuries, but it really reached its apogee after World War II. The postwar economic expansion spurred commercial travel, sending incomes skyrocketing. The rise of organized labor and the interstate highway system fueled this boom, and the hotel industry was no exception. Today, hotels are crucial links between places and activities.
As the warmer months of the year approach, prices for travel and hotels are likely to increase. Higher demand and rising labor costs are likely to drive the price up. In March, hotel rates rose 11.7 percent, which shows that many travelers are willing to pay more for a better experience. When considering how much to spend, make sure to consider location and hotel cancellation policies. In addition, be sure to check the hotel’s green credentials.
Inclusion initiatives are also an increasingly important part of the travel and hotel industry. According to a survey by Accenture, more than half of consumers would pay more for a travel company that offers services that cater to the needs of diverse travelers. Diversity initiatives improve the workplace climate and boost revenues. This type of inclusive environment is vital for the future of hospitality brands.
Whether you are traveling for business or pleasure, choosing a hotel based on its location is important. A good location puts you close to the activities and sights you want to see. A good hotel may also make traveling by public transportation easier.