Facebook Instagram LinkedIn
    • About Us
      • About MEET® Magazines
    List My Business        Advertise
    MEET® Family of Publications
    • Home
    • Subscribe
    • Magazines
      • MEET® Missouri
      • MEET® Kansas
      • MEET® Med
    • Articles By Topic
    • Digital Flipbooks
    • Upcoming Events
    ➤ Find Suppliers
    0 Shopping Cart
    MEET® Family of Publications
    Home»Topics»Hotels»Hotel Fees are Expected to Rise in 2023
    Hotels

    Hotel Fees are Expected to Rise in 2023

    The MEET® Family of PublicationsBy The MEET® Family of PublicationsDecember 30, 2022Updated:February 8, 2023No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    pexels pixabay 271639 scaled
    Share
    Facebook Twitter LinkedIn Pinterest Email

    As 2022 ends, the unexpected rate increases in the hospitality industry continue to be on the rise. Particularly hotel rates and fees, which have already increased 18% this year, are now predicted to rise another 8% in 2023. According to the 2023 Global Business Travel Forecast by CWT and the Global Business Travel Association (GBTA), hotel surcharges are also on the rise as well.

    Even as the staffing of hotels reduced, the pandemic restrictions eased around the country, and fuel costs decreased, meeting and event planners are still directly affected by the increase in hotel rates and fees. Some planers report seeing fuel surcharges of 8-12%, covid-related safety charges, and “mandatory gratuities” for housekeeping staff, even if they don’t use the services.

    Other trends in increased charges are credit card (convenience) fees. According to meeting planners, hotels, transportation companies, and restaurants are adding a 3% fee for credit card payments and often only disclose it as you pay.

    The surcharges and fees seemed to decrease during the pandemic years due to reduced travel, canceled meetings, shutdowns, and revenue losses. But they are now returning, much to the dismay of planners in the travel and hospitality industry.

    According to the Los Angeles Times, in 2018, hotels reaped $2.93 billion in extra charges. Now that the industry is recovering from the pandemic, planners should expect a continued resurgence of hotel fees and surcharges. Recently, some major hotel chains have responded to lawsuits with promises to be more transparent in their prices and charges. Marriott International is one of the first major hotels to publicly say it was committed to new transparency rules for pricing, including disclosing all fees upfront when customers book their hotels.

    The hospitality and tourism industry is always changing and evolving, so stay tuned as more changes may be on the way for 2023.

    MEET

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleArrivalist Predicts Record-Breaking Holiday Road Trip Volume
    Next Article People Update: Mark Hecquet
    The MEET® Family of Publications
    • Website

    The MEET® Family of Publications produces regional and national publications that keep corporate, association, medical, education, independent, and religious meeting and event planners informed about relevant industry suppliers, news, tech innovations, and resources that impact and influence how and where they plan their upcoming company function(s).

    Related Posts

    Twist and Shout! Two Fundraisers for Two Historic Sappington Houses

    May 26, 2023

    Survey: Most Americans More Likely to Stay in Hotels on Vacation This Summer vs. Last

    May 26, 2023

    How AI Tools Can Enhance the Hospitality Industry

    May 19, 2023

    Comments are closed.

    For 20+ years, The MEETⓇ Family of Publications has produced regional and national magazines that has kept corporate, association, medical, education, independent, and religious meeting and event planners informed about relevant vendors, industry news, tech innovations, and resources that impact and influence how and where they plan their group business.

    Latest Industry Insights
    • Twist and Shout! Two Fundraisers for Two Historic Sappington Houses
    • Survey: Most Americans More Likely to Stay in Hotels on Vacation This Summer vs. Last
    • How AI Tools Can Enhance the Hospitality Industry
    • 85 Percent of Exhibitors Experiencing Cost Issues in Q1 2023
    • Historic Saint Louis presents “Landscapes of Summertime Past”
    Quick Links
    • Home
    • Subscribe
    • Upcoming Events
    Our Magazines
    • MEET® Missouri
    • MEET® Kansas
    • MEET® Med
    More Resources
    • Articles By Topic
    • Digital Flipbooks
    • Online Resource Directory
    © 2023 MEET® Family of Publications. All rights reserved. Website managed and developed by PC40

    Type above and press Enter to search. Press Esc to cancel.