Traveling and hotels are essential to the tourism industry as most long distance travelers require a place to stay overnight. Accommodation requirements vary by location, the purpose of the trip and the experience a traveler desires to gain.

Those with more budget conscious needs can find affordable options like Airbnb’s and hostels, which are also part of the hospitality industry. Both hotels and Airbnb’s offer decent flexibility when it comes to booking, with cancellation policies clearly listed during the reservation process.

For those looking to save even more, both Airbnb and hotel chains have a variety of deals that offer the best value. Often these discounts can be found by avoiding booking sites that charge commission and instead booking directly with the hotel.

Another way to save is by traveling outside of high season. Many popular destinations raise their prices during the peak season, so traveling in shoulder or off-season can mean saving money on things like flights and accommodations.

Traveling can be beneficial for both personal and professional growth. It can expose us to new cultures, traditions and people, which can give us a greater appreciation for the world around us. It can also help us build stronger social connections by allowing us to spend time with family and friends in different places. Additionally, it can increase our confidence as we step out of our comfort zone by trying new foods, activities and even languages. Those who travel for business can even reap the benefits of boosted productivity and reduced stress.