If you are planning a trip, you should pay attention to the cancellation policy of the hotel you are staying at. This can have a big impact on your ability to make a reservation. The last two years have been particularly tumultuous for travelers, as more people have chosen to take alternative transportation, or even cancelled their bookings altogether. In response to this crisis, some hotels have relaxed their cancellation policies, but many others have maintained their policies unchanged.
After World War II, the American hotel industry grew at a record pace. The three-decade economic boom pushed incomes skyward and encouraged more commercial travel. In addition, organized labor made paid vacation a reality for millions of workers. Despite this growth, the hotel industry also became a thorn in the side of domestic politics, especially as demand for travel rose. As a result, many travelers are willing to pay higher prices for the privilege of enjoying a comfortable stay.
In addition to cost, another major factor to consider when choosing a destination is the cost of living. If you are planning a vacation in Europe, accommodations will be more expensive than in Southeast Asia. You can also choose to stay at an Airbnb rental instead of a traditional hotel. However, make sure to carefully research the different options before booking.