Costco’s selling luxury hotel bookings

Forget groceries, pick out your next vacation

(Credit: Pixabay)
(Credit: Pixabay)

What doesn’t Costco sell inside its gigantic warehouses? The retailer has been selling wholesale vacation packages for some time, but its new lineup of hotel-only booking options are a surprise.

Fairmont, Park Hyatt and the Waldorf Astoria are a handful of the brands now selling bookings through Costco for prices between 10 and 30 percent lower than the hotels’ standard rates, according to the Wall Street Journal.

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The classy new offerings seem to be part of the superstore’s bigger push toward travel products; starting last fall, executive members got 2 percent back on their travel bookings plus 3 percent cash back if used their Costco Anywhere card, which does’t charge transaction fees for purchases abroad. If you needed a reason to go on vacation, Costco’s trying to sell you on it. [WSJ]Erin Hudson