Air journey delays and cancellations have turn into an undesirable phenomenon nowadays, fueled by labor shortages and rising gas costs. Airport motels have been notably affected, as they generally want to accommodate an surprising flurry of last-minute stranded company.
As these disruptions proceed into the final vestiges of summer time, airport properties are adjusting their income administration accordingly to accommodate higher-demand durations. They should use all the information obtainable to them to finest modify room charges.
“Motels in airport areas and close by submarkets are working aggressively to companion with airways and to additionally create consciousness with a purpose to entice distressed passengers, airline crews and different staff who work in airport operations,” mentioned Tim Dick, government vice chairman of lodge advisory and asset administration at CBRE Motels.
