Hotels have played a vital role in the history of travel. Since the early nineteenth century, they have been important links between destinations and people. They are places to stay overnight, offering amenities such as a private bath, room service and a business center.
The hotel industry grew dramatically after World War II. Hotels were a key part of the postwar economic recovery. Their growth helped spread incomes more evenly. This growth contributed to a three-decade economic boom.
In recent years, hotels have become more sustainable. Stakeholders in the hotel industry have embraced new business models and social issues. Hotel prices are rising, largely due to pent-up demand. However, choosing wisely can save hundreds of dollars on a week’s worth of traveling.
A study by the NerdWallet found that the average rate is 15% lower if you book 15 days in advance. Many hotels offer credit vouchers in lieu of cancellation fees. These rewards programs allow hotel guests to accumulate points that can be redeemed for discount rates or gift cards.
While hotels may not always be the cheapest option, they are still a popular way to cut costs on a trip. Hotels are also convenient because they are often centrally located and near attractions. Avoiding parking expenses and gas bills by staying close to major landmarks can save a great deal of money.
Hotels offer a variety of amenities, including free wi-fi and room service. These amenities can be especially useful when traveling during busy seasons.