ADVERTISEMENT
What Are the Things We Don't Know About Hotel Rooms?
March 20, 2017
•
2 min read
What Are the Things We Don't Know About Hotel Rooms?
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.
Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts
Quora.com is a question-and-answer site where content is written and edited by its community of users. Occasionally we syndicate content from the site if we think it will interest TPG readers. This article originally appeared on Quora.com in response to the question,What Are the Things We Don't Know About Hotel Rooms?and was written by Zeev Sharon, CEO and Founder of Hotelied.
Given that most of the answers on here are about dirty blankets and other "scary" things about hotel rooms, I thought I'd share some fun facts and industry lingo that would immediately make you sound like a hotel insider:
- A single sellable room or suite is called a "key."
- A standard-size room is comprised of one "bay" and a suite could be the size of two or more bays.
- These days, the cost of building a new full-service hotel in New York City (including cost of land) can be $800,000 or more per key
- The old industry rule of thumb is that for every $1,000 invested in a room's construction, the hotel should charge $1 in average daily rate. So a room that cost $300,000 to build should sell on average for $300 per night.
- The quality of a guest room is often measured by the number of fixtures in the bathroom, which is by far the most expensive room to build. A standard three-fixture bathroom has a sink, bath and toilet. A five-fixture bathroom is more typical for luxury hotels, and has two sinks, a bath, a stand-alone shower and a toilet.
- It's very hard to design a hotel room that is narrower than 9' (although you will find such examples in cities like NYC, San Francisco, London, Paris and other major cities).
- Rooms with double beds are usually larger than rooms with king beds.
- Ceiling height is one of the most important factors affecting guests' perception of the quality and size of a hotel room.
- Hotel rooms should get a light renovation (carpets, drapes, wall paper, etc.) every 4-5 years, and a major renovation every 7-8 years.
- Mini-bars almost always lose money, even when they charge $10 for a Diet Coke. Same story for breakfast in bed. In-room dining rarely makes money for the hotel, as there's a lot of expensive labor involved.
Featured image by Getty Images
TPG featured card
Apply for Capital One Venture Rewards Credit Card
Apply now
for Capital One Venture Rewards Credit Cardat Capital One's secure site
Terms & restrictions apply. See rates & fees.
Rewards rate
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Intro offer
Open Intro bonus
LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
670-850Excellent, Good
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app

