Travel

Hotel Rooms Over $500 a Night Are Too Much Even for Rich Travelers

So much for a golden age of revenge travel. Tighter budgets, busy airports and soaring prices are seeing a more frugal tourist return

Can the Travel Industry Still Count on Revenge Spending This Year?

Even high-end travelers are pulling back on their vacation spending.

They want to pay no more than $500 a night for a hotel, and they aren’t interested in paying extra for greener or fancier options, according to the latest MLIV Pulse survey with 465 respondents, a little more than half from the US and Canada and a quarter from Europe.