Traveling and Hotels
The American hotel industry grew at an unprecedented pace following World War II. Increased incomes and commercial travel fueled a three-decade economic boom. Organized labor and the interstate highway system helped to make travel easier and more affordable. However, the hotel industry also became a crucible of domestic politics. Today, hotels play a critical role in connecting travelers to activities and attractions in their destination.
As summer approaches, hotel and travel prices are rising. These increases are driven by increased labor and supply costs as well as increasing consumer demand. Travel prices increased 8.5 percent in March, while hotel rates increased 11.7 percent. Despite rising costs, travelers are willing to pay for a superior experience. But, be sure to consider the price increases when planning your next trip.
Before booking a hotel, make sure you understand its cancellation policy. In some cases, you may be able to change or cancel your reservation without losing the deposit. But if your trip involves a large amount of money, be sure to check the cancellation policy before making your final decision. A good cancellation policy will allow you to avoid having to pay the full amount.
There are several kinds of hotels, including luxury hotels, budget accommodations, and homestays. Some cater to specific types of travelers. Some are specifically for families, while others cater to single travelers and couples. Many large chains have a variety of options available.