Traveling and hotels are a big part of the service industry that is centered around people moving from one place to another. This industry is impacted by many things, including globalization, sustainability and the coronavirus pandemic.
Whether traveling for work or leisure, people want a variety of options for their travel experiences. Younger generations are advocating for more flexibility, and Airbnb and other home-sharing platforms allow them to feel more at home while on a business trip or vacation. These options are often less expensive than hotel accommodations and offer a more unique experience.
Both Airbnb and hotels have fairly standard cancellation policies, though some may have additional flexibility during times of heightened risk, such as during the coronavirus pandemic. In addition, many hotels have a higher quality level for their properties that are known as “Plus” listings, offering extra peace of mind.
Whether traveling alone or with family and friends, the joy of visiting new places can boost happiness, especially when you visit exotic locations that give you a sense of adventure and a change of scenery from day-to-day life. Traveling also offers a chance to socialize with different people and even meet someone who could become a friend or romantic partner. Moreover, the mental health benefits of travel are well documented. Studies show that people who regularly take trips have a lower risk of depression and anxiety, and they are less likely to suffer from metabolic syndrome, which is linked to heart disease and diabetes.