Traveling and hotels are intertwined with one another, as the hotel industry is part of the travel and tourism sector. The combined travel and tourism industry is concerned with people who visit places for a variety of reasons. This includes business, leisure and other purposes. The travel and tourism industry is also an economic driver, providing jobs and supporting tax revenue.
The hotel industry is a vital component of the travel and tourism industry. Hotel accommodations allow travelers to sleep at their destination of choice, and provide the convenience of a private room and bathroom. Hotels range from opulent and iconic grand properties to quirky, boutique hotel experiences. They can be found in every corner of the globe, and are available for all types of budgets.
As the economy continues to grow, so does the desire of consumers to travel. Sources such as Morning Consult and Phocuswright report that the number of Americans who plan on traveling this summer has increased. This is good news for the hotel industry, which relies on leisure travelers to drive its revenues.
Increasing interest in travel has also led to more people seeking non-hotel lodging options. Interest in private rentals, bed and breakfasts, camping and recreational vehicles is up as consumers look for meaningful experiences. Despite this, hotels remain the lodging of choice for many consumers this summer. Hoteliers can increase their appeal to these consumers by focusing on service and amenities that are unique to the hotel brand.