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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.
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Great Barrier Reef attraction set for AU$180 million reinvention
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Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
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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
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
+ More news   
 
COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
ProSlide Technology, Inc.

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

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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