Tag: room rates
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...
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...
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,...
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)...
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...