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The Clark Howard Podcast

08.08.22 HOTELS: Diminishing Amenities / At Last - Healthcare Cost Disclosures

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 8 August 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

The hotel industry is suffering mightily from staff shortages, changing how they operate. You could get a discount forgoing housekeeping services, or be charged for it. Clark explains the owner / operator problem and what you should expect from brand name hotels moving forward. Also, the insidious cloak of mystery is about to be lifted from medical costs. 20% of our nation’s economy is eaten up by healthcare costs - by far the highest in the world. You’re on the hook for deductibles and copays. But information is power. Learn where we are now with non-emergency healthcare price disclosures. Hotel Staffing Shortages: Segment 1 Ask Clark: Segment 2 Healthcare Cost Disclosures: Segment 3 Ask Clark: Segment 4 Mentioned on the show: 7 Places to Get the Best Deals on Lab-Created Diamonds How much health insurers pay for almost everything is about to go public When does a 0% purchase plan make sense for you? How to Stock Up in Case of an Emergency 31 Items To Pack in Your Financial Emergency Kit How Much Cash Should You Keep at Home in Case of Emergency? How to Find the Best Deal on Cheap Internet Service Report: The #1 Internet Provider in America Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show.

0:07.8

Our mission is to serve you and empower you so you make better financial choices in

0:12.9

your life.

0:13.9

We've talked a lot about travel lately, the current lows in the industry.

0:18.2

I want to tell you about changes going on when you check in at a hotel.

0:23.8

A lot of things you're used to.

0:25.9

Well, they've changed.

0:28.4

And later, Cloak of Mystery is piece by piece being torn away from healthcare costs in

0:36.0

the country.

0:37.0

And I want to tell you why this is so very important for your wallet.

0:43.7

So the hotel industry is in a world to hurt everywhere in the United States, almost without

0:53.6

exception on staffing.

0:57.2

The hotel's cannot attract enough staff members.

1:03.2

And so the very nature about how hotels operate is changing.

1:09.6

The most obvious of all the changes that hotels involves cleaning service.

1:17.4

And hotels are so short of housekeepers that hotels are either going to give a discount

1:26.2

of some kind for every night you don't request housekeeping or charge you money for every

1:34.5

night you do request housekeeping.

1:36.8

And what I've started to notice, booking multi-night stays, and this is hotels of so many

1:43.8

price points, that it will say housekeeping is only included every third night or housekeeping

1:54.3

only by request or things like that when you're booking.

1:58.6

And a lot of times though they don't tell you anything and you get there and you're saying

...

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