Are U.S. Hotel Room Rates Too High?

Due to surging demand, hotel rates have “skyrocketed” in the U.S. this summer, particularly in resort destinations such as Hawaii and Florida, reports Travel Weekly. According to a recent report from business intelligence company Inntopia, consumers may be finding hotel rates to be too high, with the summer booking pace slowing down “significantly” for several key Western mountain destinations. Inntopia said that economic pressure may be causing consumers to back away from high prices.

As a whole, the U.S. hotel industry saw its average daily rate (ADR) reach USD $155 for the week of 11JUN, the second-highest level ever recorded, according to STR data. That rate was 23 per cent higher than the same week in 2021, and 15 per cent higher than the same week in 2019.

You may also like
Regent Seven Seas Mariner in Skagway, Alaska
More Rockslides Close Busiest Skagway Cruise Dock for the Rest of Alaska Season
As the White Pass Railroad Dock is set to remain closed for the season, an estimated 30 ships - totalling 100,000 ...
American Cruise Lines' American Symphony
American Cruise Lines’ Latest Riverboat Debuts in NOLA in AUG
Currently on the way to New Orleans for the start of its inaugural season sailing the Mississippi River, 175-guest American Symphony ...
Viking Saigon
Newest Viking Ship Begins Inaugural Season in Asia
Until 31AUG, Viking is offering special savings on select river and ocean voyages, with a limited-time USD $25 deposit as part ...
Paul Gauguin Cruises in Tahiti
Paul Gauguin Cruises Announces $500 Air Credit for Select 2023 Sailings
Paul Gauguin Cruises is offering a USD $500 air credit per guest on 7-night voyages exploring French Polynesia. This offer is ...
African Travel Inc. Safari Elephant
African Travel Inc. Offers More Departures in 2022, New Incentives for Advisors
With an uptick in demand, luxury safari operator African Travel, Inc., is offering advisor incentives for trips reserved in 2022 along ...

Leave a Reply