Average Hotel Prices Up

The average hotel price has increased around 15% in the past year. The industry has recovered and expanded from 2001 when hotel rates dropped sharply to get people traveling again. Some cities have gone way up, like Bangkok at a 55% increase, while others have had a little dip like Washington DC being down by 3%.

In general, travel is costing more. If you can plan far enough ahead, booking a room can save you a little money. You can lock in today's rate which may keep going up over the next so many months. Most reservation systems such as ours at AllStays will takes reservations up to about 11-12 months in advance. On the other hand, a major world disaster could drive rates down and you'd have paid a higher rate. It's playing the odds and doing what you are comfortable with to find savings wherever you can.