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Money and Finances
Reply to "HHI Income and Hotel Choices Luxury or Budgef"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We make North of 200k per year and we always stay at 2.5/ 3 star hotels on vacations. A lot of times we book on discount websites like Hotwire. We don't eat at fancy places either. We do spend lots of money on day activities. Many times we find highly educated people staying at the same budget hotels Is there a relationship between the amount people spend on hotels and income? Where do you fall and what is your income?[/quote] You forgot to count networth into your equation. Someone the networth of 3 mil, for example, may feel a lot more comfortable spending on a more expensive hotel than someone with the networth of 500K, given the HHI is the same. [/quote] Net worth is 2M. [/quote]
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