The Year That Was – Hotel and Travel Industry in 2009

The year 2009 was a year of ups and downs for hotels in particular and the global travel industry in general. There were many events and developments that helped shape the outlook of the hotel industry over the past 12 months. Let us take a look back at 2009 and identify these developments.

Who can forget the global H1N1 virus scare that rocked the world? Some surveys suggest that many travelers will be more concerned about germs and health-related issues in general, thanks to the outbreak of the H1N1 virus. This has thankfully led to more stringent measures and health awareness on the part of the establishments.

The global recession was clearly still in effect the whole year round, and there will even be some repercussions heading into 2010. There are still some significant properties and establishments being shopped and sold. However, it should be noted that, while some companies have been selling their hotels, there are those that are utilizing the sale to expand their core properties. That is a positive sign, showing growth and a willingness to expand despite the continued pinch given by the recession.

In 2009, eco-tourism and eco-friendly destinations started taking the spotlight, as both the travelers and the various establishments have become more and more environmentally conscious. Destinations such as Sweden, Norway, and Switzerland are the top dogs when it comes to eco-friendly places to visit. The hotels in such countries also benefit tremendously because of the influx of travelers, and a lot of them have already adopted an eco-friendly mentality to go with the times.

Of course, there are also many hotel groups-from smaller-scale local establishments to big chains of luxury hotels-who have re-evaluated their business approach and have made changes to their various investment strategies. This is a wise move, still in line with managing the costs and income in an economic landscape that still is not as stable as desired.

Another trend in 2009 was an increased patronage for online travel services, such as booking sites and aggregators that really are a big help to travelers. Still, traditional booking occupies a significant chunk of the pie, even with online services gaining some headway over the past year.

Some establishments, from hotels to apartments to luxury spas, have shown a diminishing level of performance in the middle of the year. The good thing is that some of them have been able to recover quite nicely and gain back some lost ground-and some lost ratings-to get back on track.

There are indications that leisure spending on the side of the travelers will go up in 2010, and that is a definite plus for the hotel industry. More people willing to spend more money translate to more business opportunities for hotels and other members of the hospitality industry.

All in all, it was another year and another step to recovery in 2009. Things are shaping up quite nicely for 2010, and hopefully, hotels and their respective managements learned a lot in the past year and start to apply them in order to flip the script this coming year.

MGM Grand Hotel and Casino at Las Vegas Strip Is the Entertainment Hub for Tourists

Las Vegas which is known to be the casino capital of the world is home to some of the best luxury hotels in travel business. You must have heard about MGM grand hotel which host some of the best shows in Las Vegas city with world class performers. The lively shows features legendary stars like David Copperfield, Tom Jones, Sting and many more celebs which win hearts of hotel guests by rendering a heart throbbing performance. You will discover some the best acrobatic shows presented by Cirque du Soleil at MGM grand hotel which reflects vibrancy and energy.

Folks you would be glad to know that MGM grand hotel is the second largest hotel across globe which accommodates five outdoor pools with state of the art convention center. It’s connected by Las Vegas monorail to neighborhood casino hotels like New York-New York, Excalibur and Tropicana Avenue. If you are avid gamer then you would love to explore slot machines and can accumulate bonus points at MGM grand casino room. Initially the theme park at Hotel did not attract much visitors later it was transformed as a lavish condo hotel called The Signature. The time you enter the hotel lobby you will be welcomed with personalized staff which will assist you accordingly. The cordial hotel staff will accommodate you at the lavish suite through which you can overlook the breathtaking views of Las Vegas Strip. Get a dip in the stunning outdoor swimming pool at MGM grand pool complex and relaxed with your family members.

MGM grand hotel features some of the award winning gourmet restaurants in United States which offer finest dining experience and rich cuisine. You can all gather with your family members at dining room and make yourself comfortable by experiencing the hotel ambience. The hotel guest can taste some of the delicious recipes which the hotel chefs serve you by ordering lobsters, pork dishes and chicken items.

6 Great Tips For Finding Cheap Hotel Rates

During any tour to any destination, two things make up the bulk of your expenses: travel and accommodations. Therefore to eke out any savings from the trip you will have to invest a lot of time and effort on finding cheap hotel rates to keep your expenses low and your smiles up.

While looking for cheap hotel rates, keep the following tips in mind.

1. Location is everything – Hotel rates vary from place to place depending on its location. You will have to ask yourself if where your balance lies: convenience or price. Most convenient locations in any city will have hotels sporting rates in the upwards range in any market.

Some less accessible areas will offer lesser rates. However, you will have to decide for yourself whether the inconvenience is worth the price. If you are pretty familiar with the area you are traveling to, then locations with lesser rates in less accessible or attractive locations will be less of an issue for you.

However, if you are traveling to an area for the first time, you will have to think twice about staying at a location that is a little inconvenient.

2. Schedule is also everything – The basic law of supply and demands states that the more the demand, the more expensive the item will be. The same is true for hotel rates, if demand for a travel destination is high, then you are bound to spend more money.

So if you are planning to stay away from home, try to make your hotel reservations for off-peak seasons. Hotel rates during peak season can be as much as three times more than regular rates. This alone is reason enough to look to reserve during off-peak seasons.

3. Amenities – Some hotels are pricier because they offer amenities that, while great for those looking for extravagance, are useless to some travelers. If you can live without some of these amenities, then you could consider looking for hotels that are cheaper because they do not offer these amenities.

4. Negotiate – Most front desk personnel are personable and can give good advice on getting better rates at their hotels. Negotiate with them to get good discounts for your stay.

If you are staying for more than a week, then you might want to ask if they offer lower rates for longer stays. Also ask if they have special promos during the period of your stay that you can take advantage of.

5. Search online – Comparing rates, amenities, and location is easier nowadays because of the power of the internet. The internet makes searching for good rates on good hotels easy and painless.

The good thing about internet hotel hunting is that most hotel search websites show prices for rooms, amenities, location, and best of all, user reviews of the hotel itself. This will give you a better idea of what to expect when checking in with a hotel for the first time.

6. The power of a Travel Agent – Travel agents have good contacts among hotel chains and can get discounts on reservations thus made. If you choose to have a travel agent help you get a good hotel, then make sure that the service fee you pay them does not make going through an agent more expensive then making the reservation yourself.