Recovery in the hospitality sector gathered speed with a 4% increase in the first half of 2012 but average prices remain at 2005 level, says new Hotels.com Hotel Price Index
Monte Carlo most expensive for hotels, Phnom Penh – the cheapest
Hotel prices rose in nearly two thirds of international destinations, the latest Hotels.com Hotel Price Index reveals
Strength in the business travel market helps drive up global average room rate by 4% in 2011, says new Hotels.com Hotel Price Index™ (HPI®)
The Hotels.com Hotel Price Index™ (HPI®) is a regular survey of hotel prices in major city destinations across the world. The HPI is based on bookings made on Hotels.com and prices shown are those actually paid by customers (rather than advertised rates) in 2011.
Please click this link to see David Roche, President of Hotels.com, discussing the Hotel Price Index Jan-Dec 2011.
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Global room rate increases 4% in 2011, says new Hotels.com Hotel Price Index™ (HPI®)