Hotels have long been a staple of travel, serving as decorative showcases, meeting places, and business exchanges. The hotel industry is a crucial part of the postwar economic recovery in the United States.
Over the past decade, the hotel industry in the US has grown at a rapid rate. In fact, the Bureau of Labor Statistics estimates that last year, the hotel industry increased by nearly $17 billion.
Hotels are the ideal lodging option for families and couples. They offer a variety of amenities, including free Wi-Fi, room service, and meeting rooms. Many hotels also have rewards programs, allowing guests to earn points and redeem them for discounts on their next trip.
Booking your hotel ahead of time can help you secure a better rate, reduce competition for popular dates, and give you more time to explore your destination. Some hotels also allow for flexible cancellation policies.
Hotels are also ideal for travelers with special needs. It’s almost impossible to find an on-the-spot accommodation during the busy travel seasons, so booking early is a must.
During the recent past, the hotel industry has been the focus of international politics. Hotels have played a central role in the postwar economic recovery, and have also been involved in the domestic political arena.
After World War II, the hotel industry surged at an unprecedented pace. This growth fueled the development of the interstate highway system, which gave hotels new national prominence.
Hotel prices have been on the rise for years. Last year, hotel rates increased by 8.6 percent, according to a NerdWallet study. However, there are many other ways to save on your next trip. Choosing wisely can save hundreds of dollars on a week’s worth of travel.