Connect with us


Hotel rates are rising as travel demand spikes

In case you’re considering booking that hotel getaway you’ve put off since the pandemic started, you will need to reserve a room right away. Nightly rates, whereas still somewhat lower than a year back, are gradually rising to match or surpass pre-pandemic costs in a few well-known destinations.

Over the last 30 to 45 days, normal hotel costs have risen appreciably and are now just 5% lower than one year ago. They were as much as 11% cheaper a couple of weeks earlier.

The week of April 11, U.S. hotel demand was up 13.7%, the second-highest level this year. It had topped in March for spring break travel. There is a relationship between vaccination deployment rates and interest in travel.

Accommodations in high-demand regions are presently above pre-Covid levels, near beaches, and national parks, for example. Although major metro areas like New York and Chicago are still seeing depressed rates thanks to a slower recovery.

Business Credit Guide

Build A Business Website

Establish Business Credit

Access Business Funding

    We respect your privacy. Unsubscribe at any time.

    Apply Now. Hodler Capital Group will help you access business financing. We will show you how to build your business credit. We can also help you build a business website. To start growing your business contact us now.


    Must See

    More in Travel