Hotels.com Discovers Dramatic Drop In Western US Hotel Prices
Released
on: October 9, 2009, 8:30 am
Author: Hotels.com
Industry: Travel
According
to the latest hotels.com Hotel Price Index (HPI), Hawaii, Alaska,
Washington state and California were all ranked among the top
10 US cities with the highest hotel rates. However, with the exception
of Washington state, these states were also found to have some
of the greatest price falls in average hotel prices. Nevada rates
dropped the greatest of all the states with a decrease of 29%
bringing average rates in the state down to $77 a night. Each
state in the Western region saw a drop in prices by 10% or more.
With
some of the lowest hotel rates and entertaining tourism activities,
Las Vegas took the top spot as the most popular domestic destination
for US travelers in the first half of 2009. San Francisco, San
Diego, Seattle and LA
hotels followed closely behind making the Western region of
the US a highly popular area for travelers.
Steve
Dumaine, senior director of merchandising at hotels.com, said:
"The Western region of the US, especially in Nevada, is offering
travelers deals and packages like we’ve never seen before.
The range of destinations and activities continues to make it
one of the most popular regions in the US and the drop in prices
makes it even more appealing."
Las
Vegas hotels overtook New
York hotels as the favorite domestic destination for US travelers
in the first half of 2009, with room rates in the city just $82
a night on average with rates dropping by 3%.
The
two states outside of the continental US, Hawaii and Alaska, were
among the most expensive states, with Hawaii ranking third and
Alaska number eight. Anchorage (22% drop) and Juneau (26%drop)
were among the US cities with the greatest price falls.
San
Francisco, Seattle and Honolulu were listed among the top US destinations
for international travelers. A favorable exchange rate has helped
bolster interest from Asian travelers to Hawaii.
Prices
fell dramatically in Nevada, down by 29% which meant that it became
the least expensive state for travelers to find a room for the
night. Hotel prices in Nevada now average just $77 per room.
The
hotels.com HPI tracks the real prices paid per hotel room rather
than advertised rates, using a weighted average based on the number
of rooms sold in each of the markets in which hotels.com operates.
The HPI report issued today examines hotel prices paid at 78,000
hotels across 13,000 locations around the world for the period
January to June 2009, compared to the same period the year before.
The
international scale of hotels.com in terms of both customers and
destinations makes the HPI one of the most comprehensive benchmarks
available, as it incorporates both chain and independent hotels,
as well as specialty lodging options such as vacation rentals
and bed and breakfast properties.
About hotels.com
Hotels.com is a leading provider of lodging worldwide - including
Hollywood
hotels and hotels
in Orlando - offering an extensive selection of more than
85,000 properties ranging from traditional hotels and vacation
rentals to bed and breakfasts and all-inclusive resorts. hotels.com
serves as an advocate for guests before, during and after their
property stay. To help travelers choose the right property for
each trip, the company provides a variety of tools and features,
including property descriptions, rate calendars, maps, virtual
tours, and more than one million guest reviews. hotels.com offers
additional value for guests through its Price Match Guarantee,
Risk-Free BookingTM and welcomerewardsTM programs. hotels.com
is an operating company of Expedia, Inc. (Nasdaq: EXPE).
PR
Contact:
Vic Walia
Hotels.com LP
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PO Box 803
Dallas TX75231
USA
001 469-335-1069
www.hotels.com
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