Free Trend Report Free 2018 Report & eBook

Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book. Our Research Methodology

This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.

The Ace Hotel in NYC Offers Bunkbed Rooms Starting at $99

 - May 22, 2009   Updated: Apr 4 2011
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.