Why Travelers prefer Hotels over Airbnb in 2023

This year, travelers are starting to reprioritize hotel and resort experiences over Airbnb and other in-home offerings, with room revenue pacing 30% ahead of 2019 for resort locations worldwide. This trend is finally reversing after years of app-based domination in a field long held by hotels and corporations. With travel continuing to soar following the pandemic, Hyatt Hotels Corporation shares the most compelling trends for global travelers and suggestions on making the most of travel in 2023.

Hotels and Resorts prove to be preferred over Home Rentals

Hotels and resorts are beginning to deliver on the promise of meaningful and immersive experiences while still offering the comfort or in-house keeping and amenities without additional and unexpected prices.

According to a global survey commissioned by Hyatt and conducted by OnePoll, nearly two-thirds of people traveling with families prefer to stay at a hotel or resort rather than a home rental.

This year, many families will plan to gather more than previous years to catch up on missed time due to the pandemic. 58% of adults ages 45+ are planning to travel in January, indicating that connecting with loved ones is top of mind for travelers. Allowing guests to maximize their travels and focus on spending quality time with loved ones, many Hyatt hotels and resorts around the world offer luxury amenities, on-site dining options, 24-hour room service, concierge services, wellbeing experiences and more. In addition to offering the necessities, Hyatt hotels and resorts around the world participate in year-round celebrations and events that make it easy for the entire family to enjoy themselves.

Loyalty Programs reign supreme during the festive seasons as Travelers try to get the most out of their budget

Loyalty programs provide travelers with more ways to save and more reasons to gather all year round.

62% of survey respondents said they would use a travel rewards program that lets them earn and redeem points, offers discounts and features unique experiences, and 51% said if there was an impressive travel rewards program offer, they would change their travel plans or go out of their way to earn and redeem points. This is a code yet to be cracked by Airbnb and has helped the hotel industry regain many of its loyalists that were lost over the years. With leisure travel continuing to increase and many borders now open around the world, consumers are prioritizing once-in-a-lifetime trips with unique experiences and opportunities to connect. 

Take advantage of many of the Hyatt perks this year, including deals and discounts for the upcoming Black Travel Summit, October 20 – 22nd. Held in Miami, Florida, at the Hyatt Centric Brickell Miami, guests will receive up to 15% off room rates and 15% discount on food and beverage (ex. alcohol) at the on-site Cana Restaurant & Lounge. Book your room now and pay later, or in installments by visiting hyattcentricbrickellmiami.blacktravelsummit.com!

Offer valid Thurs, Oct 19, 2023 though Mon, Oct 23, 2023.

Want a discount? Become a member today to get a discount and additional perks, or, learn more before you join.