Hotels have been a vital part of traveling for centuries. They provide sleeping accommodations, food, and other services for travelers. Many hotels offer special discounts and rewards programs.
The hotel industry has been growing in recent years. Last year, it increased by nearly $17 billion. As a result of rising demand for hotels, prices have continued to rise.
The hotel industry has played a crucial role in the postwar economic recovery in the United States. It is a small part of the overall travel industry, but it is a vital component of the nation’s recovery.
Traveling has been made easier thanks to the development of the interstate highway system and the development of passenger aircraft. In addition, the rise of organized labor has had a huge impact on the growth of the hotel industry.
As a result of the increased demand for hotels, the industry grew at an unprecedented rate following World War II. This growth allowed millions of Americans to take paid vacations. These paid vacations increased incomes.
The hotel industry became an important domestic political arena. Hotels helped to reorganize the wealth distribution in the U.S., and they were also involved in international politics.
Hotels are particularly crucial during the busiest travel seasons, including peak summer and Christmas holidays. During these seasons, it can be difficult to find a place to stay that is within a short distance from popular tourist attractions.
Hotel rates have also been on the rise for years. Travel prices rose 8.6 percent in 2016, according to the Bureau of Labor Statistics.
