New Travelocity Data Shows Hotel Prices for Summer Travel Have Steadily Declined Since May
Travelocity’s most recent pricing report shows cheap hotels are still available for summer travel. While airfare for summer has risen slightly, hotel rates have decreased. On May 20, 2010, summer’s average domestic hotel rate was $140 and international hotel rate was $201. As of mid-July, average domestic hotel rates dropped to $131 and average international rates to $182. Conversely, domestic average airfare rose to $364 from $357, and international average airfare rose to $834 from $819.
“There are still hotel deals to take advantage of all over the country”
What does this mean for cash-conscious travelers? “There are still hotel deals to take advantage of all over the country,” said Genevieve Shaw Brown, Travelocity’s Senior Editor. “Now’s the time to pack up the family and hit the road to take advantage of relatively low gas prices and amazing rates at hotels within driving distance of home.”
Travelocity set out to find the specific places where hotel rates have dropped as much as or more than the average – making them late summer’s best-value destinations.
| DESTINATION | ADR AS OF MID-MAY | ADR AS OF MID-JULY | ||
| South Florida | $148 | $136 | ||
| New Orleans | $139 | $125 | ||
| Dallas / Fort Worth | $103 | $93 | ||
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Nashville Hotels |
$126 | $114 | ||
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Monterey Hotels |
$202 | $180 | ||
| Jackson | $203 | $186 | ||
| Fresno | $164 | $144 | ||
| Indianapolis | $128 | $113 | ||
| Charleston | $156 | $143 | ||
| Atlantic City | $128 | $113 | ||
Travelers on a budget should also consider using Travelocity’s Top Secret Hotels service. Recent deals include a four-star hotel in Orlando for $57 per night, a three-star hotel in New York City for $247 per night and a three-star hotel in Chicago for $87 per night.
Reader Comments:
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Nice!
Cheap is always good, I definitely agree! I love getting a cheap hotel it just puts my mind at ease about money! 2010-08-04 Fiona Dalle |
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Cheap is Good
I work in the hotel industry in Bristol, UK. I have not seen a big drop in hotel rates but their is some evidence of the market slowing down. In return prices will drop, most of the hotels I work for are equaling last years results. Not great but not bad either considering the economic climate. Things could still get worse before they get better but business is still strong. Gav @ GB Hotels in Bristol. 2010-07-29 Gavin Boyd |
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