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Rising Hotel Prices May Signal Inflation

Recent data from the producer price index (PPI) indicates that inflation may have returned. An April PPI jump of 0.5 percent (up 2.5 percent year-over-year) means that consumers may continue to pay more for goods and services—from food to hotels. ...

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Seattle Room Rates Increase

Seattle’s tourism industry is booming, and driving hotel room rates up along with it. Visitors spent an estimated $6.8 billion last year, a nearly 6 percent jump from 2014. Occupancy jumped above 80 percent last year, with a room rate ...

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Room Rates Soar in Anticipation of Super Bowl

With Super Bowl 50 coming to San Francisco in just a few months, room rates are spiking, according to ABC. On a typical week night, room rates in the city are around $400. During Super Bowl weekend, however, prices at ...

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PwC: Room Rate Gains to Accelerate in 2015

PwC: Room Rate Gains to Accelerate in 2015

NEW YORK—An updated lodging forecast released today by PwC US anticipates room rate gains to accelerate and drive a revenue per available room (RevPAR) increase in 2015, as hotels achieve occupancy levels reflecting the solid lodging demand trends of recent ...

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Paris Hotels Experiment With Honesty Rates

Paris Hotels Experiment With Honesty Rates

A Paris hotel owner has come up with a promotion for travelers to pay what they want while staying at his hotel, according to this report from CNN. Aldric Duval has recruited four other city center hotels to join him in ...

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Survey Shows Room Rates Rising for Super Bowl

Survey Shows Room Rates Rising for Super Bowl

NEW YORK—Football fans who are planning to book their hotel in New York for next year’s Super Bowl better steel themselves for some price shock. According to a new survey from CheapHotels.org, hotels in New York City, and in particular ...

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