Originally Posted by
WasKnown
Money can inflate infinitely. As much as we can whine about the Bonvoy devaluation, no devaluation was more impactful than what the US dollar experienced this year.
Given what has been happening lately, I only expect that to get much worse.
We’re talking about hotels doubling in price. Inflation is in the single digits no matter what month and method of measurement you use.
I think it’s a lot of legitimate pent up demand and people willing to pay anything. Hotels have also been short staffed and realized they can sell 60% of the rooms at double the cost and come out ahead.