Over the years, the hotel industry has seen many changes. The classes of the hotels have been increasing. The hotel industry has come a long way from, having the best hotels as a three-star hotel, to awarding seven stars to certain hotels. With a rise in the travel industry, the hotel industry boomed alongside. The people prefer to live in style when they travel to various places of interest. The logic being that a vacation is a time to live it up.
But the recent recession has affected all the types of business and the travel and tourism industry has been hit the hardest. People preferred to save their money rather than waste it on mindless tours. The revenue in the hotel industry was at an all time low.
Now that the recession has largely subsided, people have started moving out of their houses again. This has given rise to fierce competition among the hotels. This has brought up the concept of cheap hotels.
Cheap hotels do not and cannot be competition to five star hotels, the five star hotels are in a league of their own. But cheap hotels offer similar features at prices that are much more affordable.
Most people, on a holiday, like to go sightseeing. This involves traveling outside the hotel for most of the day. Why pay high amounts to stay in a five star hotel for less than half the day when you can similar comforts and luxuries at almost half the cost?
Cheap hotels are an economical option for most of the people and it will give you the experience of an enjoyable holiday. Many cheap hotels and resorts included food in their charges which drastically brings down your costs and saves you the trouble of looking for a separate place to eat.
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