Latest
issue
GET ATTRACTIONS MANAGEMENT
magazine
Yes! Send me the FREE digital edition of Attractions Management and the FREE weekly Attractions Management ezines and breaking news alerts!
Not right now, thanksclose this window
Get Attractions Management digital magazine FREE
Sign up here ▸
Jobs   News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
NEWS
Gap between luxury and budget hotels widening
POSTED 16 Jun 2014 . BY Helen Andrews
Helipads, individual street entrances to hotel suites and private elevators are all examples of elite hotel facilities Credit: Shutterstock / Duc Dao
The gap between luxury hotels and more financially-conscious accommodation facilities is widening according to a report by The Associated Press/ABC News.

High-end hotels are rolling out increasingly extravagant offerings to satisfy the most affluent guests, such as helipads, suites with their own postal codes and extremely short notice bookings.

“High-end travel in the air, on the sea and on land has never been more robust,” Steve Carvell, associate dean at Cornell University’s School of Hotel Administration told The AP. “There are more people with more concentrated wealth.”

Since 2009, hotel spending by the wealthiest 20 per cent of Americans has risen by approximately six per cent according to inflation-adjusted data from the Bureau of Labor Statistics. The middle 20 per cent are still spending nearly three per cent less.

Middle-income vacationers, however, are fuelling the growth of ‘limited service’ lodgings – those which include free Wi-Fi and breakfast but without a bellman, concierge or restaurants.

Savings are being made by this market segment by using popular online sites such as Airbnb that arrange for people to rent rooms or apartments. Since Airbnb’s founding in 2008, the number of listed accommodations has soared to 550,000 – not far below Hilton’s 685,000 rooms worldwide.

Airbnb could be cutting into budget hotels’ revenue, according to the report because its hosts can charge less than hotels as they typically don’t pay accommodation taxes of meet safety or disability regulations.
RELATED STORIES
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
+ More news   

COMPANY PROFILES
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
+ More profiles  
FEATURED SUPPLIER

Red Raion expands global presence with new Riyadh office
Red Raion, the CGI studio for media-based attractions, has announced the opening of its new office in Riyadh, Saudi Arabia. [more...]
CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
LATEST ISSUES
+ View Magazine Archive

Attractions Management

2024 issue 1


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 4


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 3


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 2


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management News

06 Apr 2020 issue 153


View on turning pages
Download PDF
View archive
FREE digital subscription
Print subscription

Attractions Handbook

2019


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
ATTRACTIONS MANAGEMENT
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Get Attractions Management digital magazine FREE
Sign up here ▸
Jobs    News   Products   Magazine   Subscribe
NEWS
Gap between luxury and budget hotels widening
POSTED 16 Jun 2014 . BY Helen Andrews
Helipads, individual street entrances to hotel suites and private elevators are all examples of elite hotel facilities Credit: Shutterstock / Duc Dao
The gap between luxury hotels and more financially-conscious accommodation facilities is widening according to a report by The Associated Press/ABC News.

High-end hotels are rolling out increasingly extravagant offerings to satisfy the most affluent guests, such as helipads, suites with their own postal codes and extremely short notice bookings.

“High-end travel in the air, on the sea and on land has never been more robust,” Steve Carvell, associate dean at Cornell University’s School of Hotel Administration told The AP. “There are more people with more concentrated wealth.”

Since 2009, hotel spending by the wealthiest 20 per cent of Americans has risen by approximately six per cent according to inflation-adjusted data from the Bureau of Labor Statistics. The middle 20 per cent are still spending nearly three per cent less.

Middle-income vacationers, however, are fuelling the growth of ‘limited service’ lodgings – those which include free Wi-Fi and breakfast but without a bellman, concierge or restaurants.

Savings are being made by this market segment by using popular online sites such as Airbnb that arrange for people to rent rooms or apartments. Since Airbnb’s founding in 2008, the number of listed accommodations has soared to 550,000 – not far below Hilton’s 685,000 rooms worldwide.

Airbnb could be cutting into budget hotels’ revenue, according to the report because its hosts can charge less than hotels as they typically don’t pay accommodation taxes of meet safety or disability regulations.
RELATED STORIES
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
+ More news   
 
COMPANY PROFILES
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
+ More profiles  
FEATURED SUPPLIER

Red Raion expands global presence with new Riyadh office
Red Raion, the CGI studio for media-based attractions, has announced the opening of its new office in Riyadh, Saudi Arabia. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS