Why are hotels so cheap today? Where is the cheapest place to travel now?

This year is very suitable for traveling. In terms of travel, there are definitely many discounts on flying this year, but everyone should pay attention when buying tickets. In fact, many tourism industries have been affected this year, and some companies have even gone bankrupt.

Why are hotel prices so cheap this year?

The most direct factor is the influence of supply and demand.

If supply exceeds demand, prices will rise; if supply exceeds demand, prices will naturally fall. This is a natural law. This year's tourism market has a serious oversupply, so it's normal to keep cutting prices.

Take a hotel as an example. The total number of hotel rooms is fixed, but fewer guests are in demand.

At least for now, most people feel that traveling is not suitable for the time being. After all, the epidemic is not over yet, and it is easy to lose everything if you are not careful.

After several months of the epidemic, it is common to have no money and no vacation, so retaliatory consumption does not exist in the tourism industry. This year everyone will generally reduce travel spending.

Reduced travel and meetings have further expanded supply and demand.

Why does Jumeirah in Shanghai dare to release the price of 999 for two people and two nights in a hotel plus Michelin? Because Jumeirah is a conference and exhibition hotel. But this year, due to the epidemic, I don’t think there will be any large-scale exhibitions in Shanghai before July. So they can only seek other developments.

The resort has no business from Monday to Thursday, and business hotel rooms are under great pressure on weekends. Convention and exhibition hotels have sky-high prices when there are exhibitions. Without exhibitions, there will naturally be cabbage.

Travel will also be significantly reduced this year. Use video conferencing whenever possible, both safely and on a budget. But for city business hotels, it’s difficult.

The government is providing subsidies.

As the epidemic gradually improves, the government begins to resume tourism. Take Hangzhou as an example. The Hangzhou government encourages hotels to offer half-price discounts and also encourages free admission to tourist attractions. Certain subsidies will be given.

So, if the house price you live in is so cheap, it is very likely that part of the house price is subsidized to you by the government. Hotels receive subsidies, increase occupancy rates, and consumers receive benefits, so why not do it.

This is not an example of a city like Hangzhou. Many cities have corresponding policies to encourage travel.

The government’s support for tourism is really great. Zhejiang Jiande recently announced that it will issue 10 million yuan in travel vouchers to foreign tourists to use for accommodation, attractions, catering and other expenses. Nanjing has also issued hundreds of millions of consumer coupons, and tickets to all scenic spots in Xi'an are free.

Even in some cities, when a foreign tourist checks in, the government subsidizes the hotel 100 yuan.

So everyone thinks that hotel prices are relatively cheap at present, because the wool comes from the dogs and the pigs pay for it. Government subsidies and travel vouchers can be used with confidence. I think since it was released, it must have been a decision made after many considerations and assessment of various potential risks.

If the epidemic does not improve, I will not dare to encourage tourism.

OTA channel support

When buying travel products this year, it is recommended that you either buy from the official website or OTA. Don't use other channels. Companies like Baicheng have collapsed. You said other third-party pheasant channels are dangerous.

In fact, the current large OTAs actually support the tourism industry, and Ctrip seems to have spent 1 billion. Fliggy will directly give part of the amount of pre-sold goods to merchants in advance (originally required to be written off and settled later), thereby easing the cash flow pressure on merchants.

In other words, the more flying pigs the hotel sells in advance, the less financial pressure it may have.

The hotel is in desperate need of cash flow.

Hotel operation requires money. Salaries, rent, water and electricity all require money. Anyway, as long as the hotel is open, the money will continue to be spent. However, due to the epidemic, there are fewer hotel guests and fewer catering guests. The hotel only has money spent, not collected.

Any company needs cash flow, and it is safest to have money in hand.

There are currently so many special offers. On the one hand, hotels need to withdraw funds as soon as possible. So today it is $9.9 and tomorrow it is $8.8.

To sum up, it is impossible that hotel prices will not be cheap this year. Next, it’s time to plan your trip.

Where should I go this year? I think the most appropriate thing is to follow the price and go wherever the price appeals to you the most. Therefore, it is undoubtedly the most appropriate to hoard a bunch of room coupons and then slowly turn over the cards.

Where to travel now is cheap

I may consider going to Sanya in the near future.

Not surprisingly, Sanya should be the first tourist city in China to encourage people to take off their masks.

For Xiong Haizi this year, he is likely to have to make up classes during the summer vacation in July. However, there may be some holidays in the near future. Although school starts at different times across the country, we all return to school in mid-to-early April.

You still have more than 10 days to take your baby to Sanya. Air tickets costing over 200 are almost the cheapest ever in Sanya hotels. It would be a shame not to go.

It is not unusual for prices not to increase over the weekend. There are many peripheral tours that do not increase in price during Qingming Festival and May Day.

Spring is still beautiful. I went to Prince Bay in Hangzhou a few days ago. The tulips are in full bloom and the cherry blossoms are blooming slowly, but there are only a few tourists.

I am also in Room 17, 311 Ningbo, and I like it.

Well, on the weekends before the end of May, all room 17 prices are the same.

Sail without a destination

The cruise industry has been miserable this year. There are rumors that there will be no destination cruise routes departing from Shanghai, Guangzhou, and Tianjin ports this year. That means going for a walk on the high seas and then coming back. You'll simply eat, drink, and watch the show without ever landing. At the same time, the price/performance ratio will be very, very cheap.

It seems that China may be the first country to revive cruise ships, but it cannot go abroad. And the price will definitely be excellent.

Don’t rush to buy a cruise ship for pre-sale at this stage. According to our predictions, most cruise routes will change this year, and high-seas cruises without destinations will gradually increase (because there is nowhere to go).

Moreover, cruise ships are closed spaces and are absolutely not recommended to be used until the domestic epidemic is completely cured.