Why Hotel Gift Cards Are On The Rise in 2024
With the end of COVID restrictions, there has been a surge in travel spending. After years of lockdowns and travel restrictions, the pent-up demand, combined with global economic stabilization, this travel boom makes perfect sense.
As a result, hotel room demand is expected to reach an all-time high in 2024.
So if you’re looking to treat someone this year, hotel gift cards might just be the way to go as more people are seeking to make up for lost travel time.
Let’s explore the different options available for hotel gift cards, and some useful things to keep in mind when selecting the perfect one.
Insights on The Hospitality Industry
The hospitality industry is experiencing a major rebound. Siteminder has predicted a global increase in hotel occupancy by 2.5%, and the Average Daily Rate (ADR) is expected to grow by nearly 5% over the next year.
This resurgence isn’t limited to leisure travel. The global business travel industry is also making a comeback, with spending projected to reach $1.48 trillion by the end of 2024, surpassing pre-pandemic levels.
This growth highlights the increasing importance of flexibility and personalization in travel, making hotel gift cards a timely and practical gift for both business and leisure travelers.
For more insights on how to make the most out of gift card rewards for your business, read our article here.
Best Hotel Gift Cards for 2024
Whether travelers are looking for a luxury getaway or a cozy staycation, hotel gift cards offer people the flexibility to book their next vacation. Here are our top picks for 2024:
Hotels.com Gift Card
Flexibility is the key to a great gift, and Hotels.com offers one of the most flexible hotel gift cards on the market.
With access to over 500,000 properties worldwide, including major hotel chains, boutique stays, and vacation rentals, a Hotels.com gift card allows the recipient to find accommodations that suit their needs wherever they go.
Fairmont Hotels & Resorts Gift Card
For those seeking luxury and elegance, a Fairmont Hotels & Resorts gift card is an excellent choice. Fairmont properties are known for their world-class service and breathtaking locations, from iconic city landmarks to tranquil nature retreats.
With this gift card, the recipient can indulge in luxurious accommodations, spa services, fine dining, and more, making it ideal for special occasions or pampered getaways.
Global Hotel Card
The Global Hotel Card provides access to over 350,000 hotels worldwide, including major hotel chains and independent properties. This card is a great option for international travelers, offering booking options across various countries and continents.
Whether it’s for business travel or leisure, the Global Hotel Card ensures your recipient has plenty of choices when planning their next trip.
Raffles Hotels & Resorts Gift Card
For a truly extraordinary experience, a Raffles Hotels & Resorts gift card is unmatched. Renowned for their historical charm and impeccable service, Raffles properties are located in some of the most desirable destinations around the globe.
A stay at a Raffles hotel is more than just accommodation—it’s a timeless, luxurious experience that blends modern comfort with classic elegance.
Swissôtel Hotels & Resorts Gift Card
Swissôtel is known for sophisticated, contemporary stays that merge Swiss hospitality with an emphasis on wellness and relaxation.
With hotels across Europe, Asia, and the Americas, a Swissôtel gift card offers your recipient the chance to experience their renowned wellness programs, fitness facilities, and outstanding accommodations. This gift is perfect for those who value health, luxury, and global travel.
Airbnb Gift Card
If your recipient prefers more personalized stays, an Airbnb gift card is a fantastic option. With properties ranging from cozy cottages to unique experiences like treehouses or villas, Airbnb allows for creative travel planning.
It’s a versatile gift for both short weekend getaways and longer stays, giving your recipient the freedom to choose accommodations that fit their specific preferences.
Are Airbnb Gift Cards Still a Good Option?
Airbnb’s market value, while fluctuating, continues to command a significant share in the vacation rental industry, representing over 20% of the market.
Though the company has faced rising rental prices and competition, it remains a favored choice for travelers seeking flexible lodging options.
The Growing Trend of Experience-Based Gifts
Experience-based gifts, like stays at luxury hotels or unique vacation rentals, offer lasting memories rather than short-lived gratification. They cater to today’s modern traveler who values exploration and authentic experiences.
According to American Express Travel’s 2024 Global Travel Trends Report, 71% of respondents have stated that they are willing to give up daily expenses to save up for travel. As more consumers gravitate toward experiences over collecting more “stuff”, hotel gift cards tap into this rising trend.
Toasty Choice Card: All Hotel Gift Cards, Plus More
Yes, hotel gift cards do offer flexibility. But there are limitations. What if there are no Swissôtel accommodations at their destination? What if they prefer an Airbnb instead?
Well, the Toasty Choice Card is your solution. Not only does it allow redemption across all of the gift cards on this list, but recipients can choose from hundreds more.
Whether your recipient needs a relaxing retreat, a shopping spree, or simply a night out, the Toasty Choice Card lets them craft their ideal experience.
Why settle for just one option when you can offer it all? With the Toasty Choice Card, you’re giving the gift of choice—ensuring that no matter what your recipient wants, they’ll be able to find something that suits their needs.
Conclusion
The bottom line? The hospitality industry is thriving, and hotel gift cards are becoming more relevant than ever.
With so many options available, you can give the gift of flexibility, allowing your recipient to book their dream getaway.
And if you’re looking for even more versatility, the Toasty Choice Card offers access to hotel stays and much more.
FAQs
Can I use hotel gift cards for more than just rooms?
Yes! Many hotel gift cards, like those from Fairmont or Swissôtel, can be used for spa treatments, dining, and other services at the hotel.
Why should I choose hotel gift cards?
With travel on the rise in 2024, gifting a hotel stay ensures that you’re offering something they’ll truly appreciate. Hotel gift cards offer the flexibility to book accommodations at various properties worldwide, making them a perfect gift for travelers.
What makes the Toasty Choice Card different?
The Toasty Choice Card allows recipients to choose from hundreds of brands, including hotel stays, dining, and retail, making it the most flexible gift card option available.
