Thursday 3 September 2015

Hotels.com Releases Hotel Price Index results for the First Half of the Year; U.S. up 2%


Hotel Price IndexFor the first time, hotel prices paid in three world regions have overtaken their pre-financial crisis levels of 2008/2009, with North America, the Caribbean and Latin America setting new records although the overall global rise is up just 1% in the first half of 2015 compared to the same period in 2014 according to the latest Hotel Price Index™ (HPI®) from Hotels.com. More travelers[1], higher consumer spending in key areas and strong currency fluctuations have all contributed to this result. For the U.S. in particular, hotel prices rose steadily, with an overall 2% increase paid by worldwide travelers the first half of the year.


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