Hotel Rates Prepare to Drop as Cold Shoulder Season Approaches

With the holiday season here, travel is a given, with predicted high travel numbers over the course of the season. However, amidst a huge travel period, hotels are reaching cold shoulder season and lowering their prices for a lack of occupancy. The weekends before Christmas and after New Year’s, many hotels have stated that they will be dropping their rates to encourage travel right before and after the holidays.

With high inflation rates and a recession ahead, consumers are being more frugal with their money and not travelling unnecessarily. Hoteliers hope to see some travelers take advantage cold shoulder season prices and drive up some occupancy.

Sarah Dandashy, Travel & Hospitality Expert with Ask A Concierge, says that people may be less willing to spend on their holiday travels as budgets are tight reaching the end of the year.

Sarah’s Thoughts

“So, the big question is for hotels that are sort of dropping their prices due to low occupancy… their predictions for low occupancy for the weeks right before Christmas, as well as the weeks right after New Year’s, what is this effect going to be? So, at the end of the day, those time periods notoriously have always been low occupancy.

People are really doing the bulk of their travel between Christmas and New Year’s. That’s how it always has been, that’s how it’s going to continue to be. Will hoteliers and hotels actually pick up traffic by dropping their rates right before and right after when they’re expecting things to be not as busy? Sure, they might, but as soon as those rates go back up, those travelers will be getting out of the hotels.

Now as far as what hoteliers and hotels can expect for the holidays, it’s absolutely going to be busy. I do foresee. Unlike the summer travelers will be a little bit more sensitive with their purse strings. They’re gonna be a little bit tighter on their purse strings, it’s the end of the year, there’s inflation, there’s a lot of other things going on, and I think people will not be spending as liberally as they did this summer.

So, raise those prices strategically. Be smart about it, but don’t actually lose out on getting guests just because you’ve raised your prices so incredibly.”

Follow us on social media for the latest updates in B2B!

Image

Latest

data center design
Applied Digital’s Data Center Design for a 100 MW AI Factory Built from the Ground Up
July 2, 2025

AI workloads are redefining the limits of data center design and infrastructure. Legacy data centers, built for traditional co-location, cannot handle the density, thermal demands, or power dynamics of accelerated computing. The AI boom has upended the data center sector, forcing a rapid shift to liquid-cooled racks as facilities pivot from sub-10kW racks to…

Read More
Commerce media
A Look at the Rise of Commerce Media Networks: How Nift Helps Brands Own How Their Message Shows Up
July 2, 2025

As traditional digital advertising struggles to retain consumer trust, brands are exploring new, more authentic ways to connect with shoppers. Platforms like commerce media networks, which weave together commerce, content, and data, are emerging as powerful tools in this shift. Research from MG2 Advisory reveals that only about 37% of consumers feel brands genuinely…

Read More
Hospitality leadership
Heart-First Hospitality Leadership: How Saying ‘Yes’ Transforms Guest Experiences, Boosts Staff Morale, and Drives Business Results
July 2, 2025

As the hospitality industry emerges from years of pandemic-driven upheaval, hospitality leadership is evolving to meet new challenges. Leaders are looking for new ways to retain staff, elevate guest satisfaction, and drive revenue without burning out their teams. One trend gaining traction is the power of “Yes”: empowering employees to say yes more often,…

Read More
civic leadership
Mayor Gerard Hudspeth’s Civic Leadership Journey: What Politics Teaches About People
July 2, 2025

What does a mayor learn about human nature? In this episode of Professional Quotient: Conversations that Build Equity, host Jason Winningham sits down with Gerard Hudspeth, longtime mayor of Denton, Texas, and a respected figure in civic leadership. Drawing from his years in public service, Hudspeth explores how leading a city reveals the core…

Read More