By now, you’ve probably noticed the recent rise in resort closures across the US, with a number of the biggest resorts closing down and several others shutting down.
But do you really know which ones are worth the money and which ones you can safely walk away from?
To find out, we looked at all the resorts in the US and calculated the total cost per night of a stay there.
Then we took that number and divided it by the total number of nights in a year for that resort.
We then subtracted out the cost of the day of the month and divided that by the number of days in a calendar year.
So we can look at how much a vacation can save you and compare it to what you’d save if you had a free day.
We then looked at the average cost per person of a single night in each resort, based on a range of data on average hotel rooms per night, average cost of a one-night stay, average price of a two-night hotel stay and average cost for a four-night resort stay.
We also looked at how the cost differed for each resort type, including how many rooms there were per room, average number of rooms per room and average number per night.
To do this, we took the average of all the data we looked into and averaged it out to find the average per person cost of staying at each of the resorts.
To do this we first used data from the Bureau of Labor Statistics to estimate the total wage income of a worker who worked the entire year in each of those resort towns and cities.
Then, using the average hourly wage data from PricewaterhouseCoopers, we calculated the average monthly salary of a full-time worker at each resort town and city.
Then by looking at how long the average worker worked at each location, we found the average annual wage earned by that worker.
Then on average, we used this data to calculate the average costs per night for each of these resorts.
So if you’re looking to save money at the beach and/or want to stay in one of the best hotels in the country, you should start with a trip that’s worth the $60 you’ll save.
If you’re on the fence about whether to go to the Bahamas, you’ll want to start at a resort that’s about $50 cheaper.
If your goal is to spend one night in a beachfront hotel, the best option would be the Hilton.
If you’re just looking for a nice stay in a luxurious hotel, check out the other resorts listed in the guide below.
Then make sure to save up to a third of your stay at each hotel before you head to the beach, as it’s often the only way to save the most on your costs.