SOURCE: Comfort Inn Capital Beltway
BELTSVILLE, MD--(Marketwire - Aug 20, 2012) - According to a recent survey, nearly half of U.S. hotels are looking forward to an increase in sales this year. An article from The New York Times suggests that the growth in business will mean a rise in hotel rates. Comfort Inn Capital Beltway is one of the hotels confident in the increase in business.
According to a TripAdvisor survey, only 16 percent of hoteliers believe they will have to lower rates this year due to a decrease in sales. The United States is the fourth largest nation for hoteliers and is expected to benefit the most from this shift in the economy. In the last six months, 30 percent of U.S. properties participating in the survey said they were extremely or very profitable. According to the article, the United States is showing greater hotel profits than any other nation.
For Greg Miller, Managing Director for PMHS and the Comfort Inn Capital Beltway, improved business means an improved economy, which would benefit more than just hoteliers. Miller states, "Washington, DC area hotels had enjoyed a better recovery during 2010 than that experienced for most of the country. But actions of the Executive Office in 2011 put a damper on government travel, which is an important segment of the demand base for hotels. These actions persisted into 2012 and even became more stringent with the surfacing of GSA scandals focused on elaborate seminars and travel junkets."
Miller adds that, "Because the demand base is softer for most weekdays, pricing on hotel rooms is actually better today than it had been in 2010. This means great value for travelers particularly as DC hotels had already made significant improvements to their physical plant in anticipation that the worst had passed regarding the recession. For our Comfort Inn Capital Beltway, we made major upgrades to our lobby, breakfast area, Wi-Fi and bandwidth along with new carpets for our corridors and rooms.
"And all of these improvements don't cost the traveler any more than they had paid years ago in the depth of the recession. It's a good time to come to our Washington, DC hotels." Miller expects to see great improvements in other areas of the economy in the coming year as well.
The Comfort Inn Capital Beltway, part of the popular Comfort Inn hotel chain, is conveniently located near Washington, D.C. and Baltimore, Maryland to meet the needs of both tourists and traveling professionals in the area. In addition to the excellent accommodation at reasonable rates, guests recommended the Comfort Inn Capital Beltway for its relaxing atmosphere. This hotel is equipped with top-notch business services and conference rooms as well as multiple ballrooms that are perfect for any reunion, reception or other event.
Visit the hotel's website to learn more about its services or to make a reservation.