How Hotels Are Making Billions Off Surcharges
A New York University professor says hotels will charge a record $2.25 billion in fees in 2014.By Cliff Judy | August 26, 2014
There might be nothing more infuriating than expecting to pay one amount and then realizing you'll have to bust out ... ahem, more.
A New York University professor revealed Monday hotels are expected to charge $2.25 billion in hotel fees this year, surcharges so devoid of customer value they often make the hotels a 90 percent profit.
And when we say devoid of value, we mean we're all getting screwed. The "Today" show's reporter had kinder words.