15 Rad Recession-Worthy Hotels

With the global recession underway, many are finding it hard to travel and take vacations. But there are many hotels across the world that are accommodating for the financially unstable and credit-crunched times.

Check out the slideshow below and take a look at these recession-worthy travel ideas with everything from luxurious bunk bed stays to $1 a night hotels.

Implications - The hospitality industry was hit hard by the recession, as cash-strapped tourists opted for staycations and budget accommodations over more luxurious travel. Rather than suffer the financial peril of empty rooms, some hotels offered innovative, aggressive promotions to emphasize their value and incentivize travelers to change their travel plans.