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The Economics of Cheap Hotel Rates
The hotel industry is facing hard times. Hotel amenities and staff had to be decreased. Surprisingly though, costomer service marks are rising.
First, jobs in the industry are becoming rare. This shows in the employees themselves, putting more effort in fulfilling their customers' needs than they would have a few years ago, only to keep their jobs. The ones that never refused to pamper their guest had never been fired, after all. The remaining guests are now being held by simply spoiling them and applying the hotels' own programs to push brand loyalty.
Second, the hotels denote fewer guests. By the end of the first week in May, a decrease of 14%, as opposed to last year's rate, took place, reports Smith Travel Research. A lower number is presented by Pricewaterhouse: Their forecast of a 3.5% drop would still put the industry below its 1971 rate!
Let's compare this data with the employment rates of the industry. From June 2008 to June 2009, of drop of 8.3% from 1,955,300 to 1,793,900 is reported by the ADP. Following the current trend in America, the mostly large or midsize hotels of the survey kept more of their staff than smaller hotels.
Staff are working harder to please their customers; the guests, in turn, can expect a higher number of staff to pamper them; 9.4% lower prices do the rest. As a consequence, a higher customer satisfaction is not surprising - hotel guests these days must sure feel like kings in their own bargain castle!
In terms of electronics, remember to pack chargers for your mobile, iPod, GPS devices, travel alarm clocks, to name a few. If you have kids, remember to bring some electronic game device as well. Don't forget to pack your sunglasses and bathing suit! All of these items in your bag, you should have a pleasant journey.
About the Author Chris Linch is an avid traveler and author. Chris spends most of his time providing sound advice and information to travelers. Chris has traveled all over the world and writes not only about his experiences, but how to save on travel. Chris also runs a money saving website where you can find Cheap Hotel Rates among other travel deals.
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