• Mon. May 20th, 2024

Pandemic Era Run-Up in Luxury Resort Room Rates Is Over

Bynewsmagzines

May 12, 2023
Pandemic Era Run-Up in Luxury Resort Room Rates Is Over

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Luxury resort hotels in the United States were a clear beneficiary when Americans resumed traveling in 2021. Room rate growth on the high end soared, as travelers chose to splurge and enjoy pent-up vacation days and ability to work from anywhere by heading to luxury locations. Domestic resorts also benefited from the lack of access to overseas resorts, as borders were closed or required onerous traveler testing requirements.

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