The relationship between travel and hotels has been ongoing for centuries. It reached its peak after World War II, when the economy began to grow at a rapid rate. The interstate highway system and organized labor helped to increase commercial travel and incomes, and the hotel industry expanded to unprecedented heights. During this period, the hotel industry became an important domestic political battleground. Today, hotels remain essential links between places and activities.
However, the cost of traveling and hotels continues to rise. These increases are being driven by increased labor and supply costs and by a rising consumer demand. According to the Bureau of Labor Statistics, prices across the U.S. jumped 8.6 percent last year, higher than economists predicted. Despite the increased costs, many travelers are still willing to pay the higher prices to have a better travel experience.
The best time to book a hotel is a few months before your travel date. This will allow you to compare hotels and avoid last minute bookings. Many North American hotels offer free cancellations, although it’s important to check their cancellation policies. Some offer credit vouchers that you can use at another hotel within 18 months. Location, however, is the most important consideration when choosing a hotel. The location will determine almost every aspect of your trip.
While all-inclusive packages can save you money, they’re not always the best value. Air and hotel prices may vary significantly, so it’s important to compare prices before making a decision. Also, remember that if you’re not comfortable, you’ll probably switch to a different hotel or provider. The Millennial generation prefers to outsource activities that consume their time.