The Ace Hotel in NYC Offers Bunkbed Rooms Starting at $99
Rose Nazarali — May 22, 2009 — World
References: acehotel & current.newsweek
The Ace Hotel in New York City is the newest addition to the credit crunching hotels. With rooms starting at $99, the Ace is a great travel spot for those on a budget.
The Ace Hotel offers Bunk, Cheap, Standard, Deluxe, Super Deluxe and Loft rooms. So even if you’ve got money to spare, you can still find some luxury.
Implications - The travel and tourism industries were hit hard by the global recession as corporate trips slowed to a standstill and budget-crunched families opted for staycations. Some hotels were able to fill unsold rooms by creating recession specials, removing luxurious amenities to enable guests to have a hotel experience without paying for unnecessary comforts.
The Ace Hotel offers Bunk, Cheap, Standard, Deluxe, Super Deluxe and Loft rooms. So even if you’ve got money to spare, you can still find some luxury.
Implications - The travel and tourism industries were hit hard by the global recession as corporate trips slowed to a standstill and budget-crunched families opted for staycations. Some hotels were able to fill unsold rooms by creating recession specials, removing luxurious amenities to enable guests to have a hotel experience without paying for unnecessary comforts.
Trend Themes
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Budget Accommodation — The trend towards budget accommodation, such as bunk bed rooms, helps hotels fill unsold rooms and attract budget-conscious travelers.
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Recession Specials — Hotels creating recession specials with reduced amenities offer affordable accommodations for travelers during an economic downturn.
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Luxury for Less — Hotels offering a range of room types, including luxury options, at affordable prices disrupt the traditional pricing model of the hotel industry.
Industry Implications
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Hospitality — The hospitality industry can adopt the trend towards budget accommodation and recession specials to attract budget-conscious travelers during economic downturns.
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Tourism — The tourism industry can benefit from the luxury for less trend, offering affordable luxury accommodations to attract a wider range of travelers.
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Corporate Travel — The corporate travel industry can capitalize on the trend towards budget accommodation to accommodate employees when travel budgets are reduced during a recession.
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