Hotel rates rise rapidly as travel picks up
Planning a summer trip? As demand increases, hotels are increasing their rates.
CNBC reports that Average hotel rates in Cancun are now $ 205 a night, down from $ 45 a year ago when few people traveled.
One of the few areas where rates are still low is New York City, as many tourists have yet to return. But elsewhere, hotel rooms are almost back to pre-pandemic levels.
And in some cases, this rate increase could occur after your reservation is made.
January’s good deal disappears on arrival
In January, Latisha Walker found a bargain on a Miami Beach hotel, a pandemic level of $ 411 for a three-night girls’ getaway, through travel site Agoda.com.
“Everything was booked, it was paid, I got a confirmation number,” she said.
But when they got to Miami Beach, Walker got some bad news.
The hotel had canceled their reservation.
“They said it was bought through a third party. They said they canceled with that third party in January, but we never got the message,” she said. .
A hotel employee said the low rate he was offered was a mistake as it was peak spring break season.
“They said they canceled the Agoda deal because the prices were too low at the time because it was spring break,” she said.
The worst part is that Walker says she didn’t know the rate was going up until she got to the hotel.
His group ended up having to pay triple the price for the same hotel. “It was $ 1,939,” she said.
How to protect yourself
Hotels across the country are increasing rates to pre-pandemic levels this year.
This means that a really great fare you booked in January or February could eventually disappear at check-in time, if the fine print on the travel site allows them to adjust the fares.
Travel experts say to protect you:
- Avoid reservations that say “rates subject to change”.
- Save a copy of the reservation receipt, showing the price, to your phone.
- If you are paying up front, it’s a contract, so demand that they honor it.
We reached out to Agoda – a Singapore-based travel site – and asked if they could refund at least part of what Walker had paid for the new room.
The site has now refunded Walker’s initial payment of $ 411, but was still looking to see if it could pay her some of the excess fees she was forced to pay.
Latisha Walker says the next girl’s getaway she is booking directly with the hotel.
“It was a disaster,” she said.
Third-party travel sites may have great deals, but keep in mind that you are not dealing directly with the hotel or airline and communication issues may arise.
So keep good records and don’t waste your money.
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