Hotel room rates in the US and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. US hotel room supply is barely growing as ...

Global hotel rates are expected to increase by 6.8 percent on average in 2024, according to the latest outlook published by BCD Travel. "Even as the pace of recovery shows signs of slowing, demand ...

Rising hotel prices driven by inflation are challenging middle-class travelers, with once-affordable hotel rooms now out of reach.