✈ Why Hotel Rates Are So High, Late-Season Skiing & More Daily News From TPG ✈

Also: Travel for all: 7 autism-friendly vacation destinations [The Points Guy]( WHAT YOU NEED TO KNOW TODAY Apr 3, 2023 THE SURPRISING REASON BEHIND HIGH HOTEL RATES We’re keeping busy perusing potential vacations for April. But it’s also never too early to start thinking about summer travel, too. Perhaps do a little light meditation before you go to book, as hotel rates are only going up. [Yes, even in this economy](. You might be asking yourself, how are hotel rates so expensive when there’s so much uncertainty in the economy? Simply put, it all comes down to supply and demand. Many hotel owners decided to shut down during the pandemic, and that took a lot of hotel rooms out of the market. But demand for travel roared back a lot faster than expected. Now, more international travel and group travel demand is coming back, which puts even more upward pressure on hotel rates. U.S. hotel rates were 7% higher than a year ago last week, and luxury hotels performed almost 14% better than before the pandemic, according to STR. That means buckle up, readers: It’s almost certain to be [an expensive summer of travel ahead](. Catch up on our recent coverage of hotel and travel costs below: - [Why fixing the economy means bad news for hotel rates]( - [Fairmont and Raffles hotel rates exploded last year — what that means for summer travel]( - [The era of hotel bargains is over, Hilton CEO says]( That’s all from me for today. I’ll catch y’all tomorrow! Photo by Cameron Sperance/The Points Guy. Cameron Sperance, Senior Hotels Reporter Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, [visit this page](. TODAY'S TOP STORIES [Ski resorts are staying open into the summer — here's how to score a deal]( With record snowfall this year, many mountains are extending the season. [Read more]( [Best-ever offers on IHG cards: Earn up to 175,000 points]( Don't miss this best-ever welcome bonus. [Read more]( [How to save money on a solo vacation, according to the experts]( A guide for your next solo trip. [Read more]( [What is a cruise ship muster drill?]( Hint: It's mandatory. [Read more]( [Travel for all: 7 autism-friendly vacation destinations]( These destinations have certified attractions for everyone to enjoy. [Read more]( THE LATEST 1 [Last chance: Earn up to 125,000 points on these Marriott Bonvoy credit cards]( 2 [What is a cruise ship muster drill?]( 3 [Last chance: Best-ever offers on IHG cards]( 4 [Sweet Spot Sunday: Fly business class to Europe from 34,000 Avios each way]( 5 [Now live: Earn 5% back at Amazon and Lowe’s through June (Chase Freedom/Freedom Flex)]( 6 [Everything you need to know about Hilton Honors lifetime elite status]( 7 [What is a cabin steward on a cruise? Learn about the people who keep your room clean]( 8 [Costco cruise deals: How to save money booking travel at a warehouse club]( 9 [The closest hotel to Universal Studios Hollywood: Hilton Los Angeles Universal City]( 10 [Here’s when European airports and trains are set to strike this spring]( [fb]( [insta]( [yt]( [tw]( [in](#) [mail](mailto:tpg@thepointsguy.com) You are receiving this because you opted in at [thepointsguy.com](. Where to find us: The Points Guy 100 5th Ave., 16th Floor New York, NY 10011 USA0 USA Changed your mind? You can [update your preferences]( or [unsubscribe]( at any time. Advertiser Disclosure: The credit card offers that appear on the website are from credit card companies from which [ThePointsGuy.com]( receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our [advertising policy page]( for more information. Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. THE POINTS GUY © ALL RIGHTS RESERVED 2023