Traveling and hotels are an essential part of the tourism industry. They provide people with a place to stay overnight and often have amenities like restaurants, bars, gyms, pools, and more. The hotel industry is one of the largest in the world and generates around $250 billion in revenue each year.
Despite the high cost of travel, there are many benefits to traveling. It can help improve mental health, relieve stress, and increase happiness. It can also help you learn new things and make friends from different cultures. It can even help you get better sleep and reduce your risk of heart disease.
There are a few things to keep in mind when booking a hotel. First, do a price comparison before making your reservation. Different websites have different prices, packages, and policies. Some even offer deals for members of the military, AAA, AARP, and students. Also, check for hidden fees like parking and resort fees. Finally, consider using a plug-in like Ebates or Honey to earn cash back and apply coupon codes when booking.
The strong dollar and rising interest in experiences could drive growth for non-hotel lodging, such as private rentals and bed and breakfasts, this summer. Demand for experiential travel is expected to also lead to increased sports tourism, as hotels in cities hosting upcoming events like the Olympics or ICC cricket World Cup partner with fan-facing initiatives. For example, Wyndham Hotels & Resorts lets loyalty program members exchange points for Minor League Baseball tickets and Marriott Bonvoy has partnered with the U.S. Soccer Federation to offer exclusive sports-related experiences.