Hotels have long played an important role in traveling. They provide a central place for travelers to meet and exchange ideas. In addition, they provide sleeping accommodations, food, and other amenities.
The hotel industry in America has expanded rapidly over the past decade. It grew by nearly $17 billion last year.
The rise of hotels has been fueled by a three-decade economic boom that drove commercial travel to record highs. During this time, millions of Americans took paid vacations. This increased incomes, made traveling more affordable, and reorganized the distribution of wealth.
A new wave of hotels was built along coastal trade routes, and in leading commercial centers. These new buildings helped accommodate the growing number of tourists.
Hotels also played a crucial role in domestic politics. During the twentieth century, they became important symbols of capitalism and global empire.
The postwar economic recovery made hotels an essential part of the travel industry. They served as business centers, meeting destinations, and decorative showcases.
During the 1970s and 1980s, the hotel industry came under scrutiny. Many critics argued that hotels had become too expensive. However, this criticism has not stopped the industry from expanding.
As of 2016, the industry in the United States accounted for just a small portion of the overall travel industry. But it is expected to continue to grow, especially with consumer demand driving the trend.
Travelers should make hotel reservations early to ensure the best rates. During peak seasons, hotels are more likely to offer suite upgrades and complimentary amenities.