hotel price index

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hotel price index

Hotel Price Index From Hotels.com Finds Passion for Travel Is Still on the Rise

Hotels.com | April 2, 2019

DALLAS, April 2, 2019 -- There's no sign of a slowdown for the global travel industry, according to the latest Hotel Price Index™ (HPI™) from Hotels.com™. The prices travelers paid for overnight accommodation rose 3 percent globally in 2018, with every regional index, except the Pacific, receiving a boost. The growth in travel comes despite uncertainty such as Brexit, the wildfires in California, drought in South Africa and earthquakes in Japan. Travelers also showed resilience and renewed confidence in destinations touched by unrest like Paris, Egypt and Turkey, as well as regions experiencing currency fluctuation...

Hotel Price Index From Hotels.com Reveals U.S. Travelers Spent Their Money on Experiences Abroad

HPI | March 20, 2018

DALLAS, March 20, 2018 -- After three years, prices travelers paid for overnight accommodations rose 2% globally in 2017, according to the latest Hotels.com® Hotel Price Index™ (HPI®). In a year where cryptocurrencies flooded the market, hashtags took over the red carpet and political debate turned well, political, the needle has also moved for travelers, with a two-point rise in the global Index to 116, the closest it has been to the 2007 peak of 118. "The slight increase in average accommodation prices globally, combined with numerous markets having record visitor growth, has signaled a strong travel economy and a g...

Hotels.com Reveals the Top Spenders in the U.S.

Hotels.com | April 14, 2016

DALLAS, April 14, 2016 -- Ever wondered how much other nationalities pay to stay in the U.S.? Hotels.com® recently revealed the big spenders, the more prudent spenders, and how much they each splash out when traveling. According to the latest Hotels.com® Hotel Price Index™ (HPI®), visitors from South Africa spent the most to stay in the U.S. in 2015, followed by Japan in second place with three European nations tied in third: Norway, the U.K. and Switzerland. "Interestingly enough, the gap between the highest and lowest spenders has a difference of $87 for just one night's stay," said Taylor L. Cole, APR,...

Latest Hotel Price Index from Hotels.com Reveals Strong U.S. Dollar Brings Increase in U.S. Traveler Confidence

Hotels.com | March 3, 2016

- U.S. Travelers Willing to Spend a Little More on Domestic Hotel Rooms, as North American Index beats its 2007 Peak for First Time After Steady Increases Since 2010 - Global Hotel Prices Paid by Travelers Worldwide Rose By 1% in 2015, According to Latest Hotel Price Index from Hotels.com - Strength of the U.S. Dollar in 2015 Meant U.S. Travelers Paid Less for Hotels Abroad DALLAS, March 3, 2016 -- Good news for travelers coming from the latest Hotels.com® Hotel Price Index™ (HPI®) with average prices paid per night for hotel accommodation up only 1% globally in 2015 as compared to 2014. The global Index sat at 114 for 201...

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

Hotels.com | September 2, 2015

While U.S. Cities are on the Rise, Americans Get Bargains Abroad - Global hotel prices paid by travelers worldwide rose by just 1% during first half 2015, according to latest Hotel Price Index from Hotels.com - Prices paid overall not back to pre-economic crisis levels, representing great value for travelers, but three regions set new records for spending - U.S. hotel prices are up 2% this year for worldwide travelers DALLAS, Sept. 2, 2015 -- For 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 a...

U.S. Hotel Price Increases Ahead Of Global Average; 5% Rise in 2014 Surpasses Global 3% Increase

Hotels.com | March 3, 2015

DALLAS, March 3, 2015 -- The average price paid for a hotel room around the world rose by 3 percent during 2014, compared with 2013, according to the latest Hotels.com® Hotel Price Index™ (HPI®). The overall global economic recovery gathered momentum and consumers became more confident in increasing their travel spending. Hotel prices have now experienced five years of steady price rises since they plummeted during the financial collapse of 2008. The average price paid by U.S. travelers domestically rose 5 percent to $137, with prices rising in all but two of the Top 50 most popular destinations in the country. Internationally, the ...

Global Hotel Prices Rise for the Fourth Year Running

Hotels.com | March 4, 2014

LONDON, March 4, 2014 - Hotel prices increased by three per cent in 2013, with one region ahead of its pre-economic crisis rates for the first time, according to the latest Hotels.com Hotel Price Index The average price of a hotel room around the world rose three per cent during 2013, according to the latest The Hotels.com™ Hotel Price Index™(HPI™). This means there have now been four years of steady rises in hotel prices since the substantial falls during the financial collapse of 2008/9. Set at 100 in 2004, the HPI tracks real prices that hotel guests actually paid for their accommodation around the world. The HPI for 2013 stand...

Global Hotel Prices Rise to Levels Not Seen Since 2006; 2% Increase Through First Half of 2013

September 10, 2013

DALLAS, September 10, 2013 - The average price of a hotel room around the world rose by 2 percent during the first six months of 2013 compared with the same period the previous year, according to the latest Hotels.com® Hotel Price Index™ (HPI®). The rise, although relatively small, maintained a trend of slowly increasing rates seen since the start of 2010, with average prices now close to their 2006 levels, before the global financial crisis began. Set at 100 in 2004, the HPI tracks real prices that hotel guests actually paid for their accommodations around the world. The Index for the first six months of 2013 stands at 111, eight p...

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