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Article: Micro-hotels fit shrunken budgets: ; Tiny but affordable accommodations more popular in weak economy
- Article from:
- Charleston Daily Mail
- Article date:
- March 23, 2009
- Author:
CopyrightCopyright 2009 Charleston Daily Mail. Provided by ProQuest LLC. (Hide copyright information)
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NEW YORK - A New York hotel with luxury sheets and state-of-the-
art audio for less than $100 a night? All you have to sacrifice is a
bit of privacy and a little - well, a lot - of space.
Moving beyond budget accommodations to an idea that borrows from
a ship's berth or a train's sleeper car, developers are gambling
that in tough times travelers looking for a little pampering at
lower prices will embrace micro-hotels.
The concept of an entire hotel room the size of a suburban
bathroom has spread across Europe in recent years. And as the U.S.
economy deteriorates, interest in the idea has grown, especially in
high-priced markets like New York City - where there are fewer
options for budget ...