The world of travel is just about as vast and varied as the globe itself. There are opulent and iconic grand hotels, quirky and cool-minded boutiques, picturesque inns straight out of a storybook, all-inclusive beachside resorts, plus countless Airbnb and hostel options to choose from. It’s a good thing the industry is so diverse because it allows you to find exactly what suits your travel style best, whether you prefer comfort and safety or adventure and spontaneity.
Inflation is driving hotel prices higher, especially in popular leisure destinations such as Los Angeles and New York City. That’s partly because the weaker U.S. dollar makes foreign imports more expensive, but it’s also due to higher worker wages, property costs and interest payments for businesses. The result is that every little expense adds up and you end up paying more for things like shampoo bottles and pretzels on the airplane.
It’s important to know what kind of accommodations are available where you plan to go before making a reservation, because it will impact your budget. For example, many hotels have free breakfast and you could save at least $50 by booking your stay through a hotel chain that offers a BRG (best rate guarantee). It can also be helpful to book directly with the hotel because they can offer deals you won’t find on third-party booking sites. Plus, if something goes wrong during your stay, it’s easier to resolve issues directly with the hotel rather than being told to contact a third party.
