All articles tagged with #hotel prices
Originally Published 5 months ago — by Yahoo Home
Las Vegas is experiencing a decline in tourism due to rising costs, including expensive dining, hotel rates, and entertainment, which are deterring budget-conscious travelers and contributing to a drop in visitor numbers, especially from Canada and other international markets.
Originally Published 6 months ago — by News Channel 5 Nashville
Due to economic and geopolitical factors, fall travel has become more affordable with significantly lower airfares and hotel prices, making it an ideal time to book international trips, but travelers should act quickly to secure these deals before prices rise again during the busy holiday season.
Originally Published 1 year ago — by Business Insider
Hotel prices in New York City have surged due to a combination of increased travel demand, inflation, and a significant number of hotels housing migrants, reducing the available room supply. The average nightly rate has risen to $301 in 2023, with about 135 hotels now sheltering asylum seekers, impacting the overall market.
Originally Published 1 year ago — by The Guardian
Hotel rates in states along the path of the upcoming solar eclipse have skyrocketed, with some travelers finding their reservations canceled and resold at much higher prices. The surge in demand for accommodation has led to overbooking and price gouging, causing frustration for eclipse watchers and prompting accusations of putting profits before customer experience.
Originally Published 1 year ago — by The New York Times
The upcoming solar eclipse is causing a surge in hotel prices, with some Super 8 locations along the eclipse's path charging up to ten times their usual rates. The parent company, Wyndham Hotels & Resorts, stated that each Super 8 franchise sets its own prices using revenue management software. Even upscale hotels in major cities are experiencing price spikes, with some doubling or tripling their rates for the eclipse period.
Originally Published 1 year ago — by New York Post
Prices to witness the upcoming solar eclipse in the US are soaring, with hotels charging up to 10 times their regular rates for rooms along the eclipse's path of totality. Airfares are also up, with flights likely to operate within the eclipse's path seeing fares up to four times higher than other times. Eclipse chaser David Makepeace, who has spent $250,000 on seeing 26 eclipses, is heading to Mazatlan, Mexico, to lead a group witnessing the eclipse from the beach, as he found roadside motels in South Texas to be too expensive. Meanwhile, some travelers are resorting to creative solutions, such as renting accommodations from congregants at a church in Burlington, Vermont, or flying private to chase the eclipse.
Originally Published 1 year ago — by USA TODAY
Las Vegas is preparing for a record-breaking Super Bowl 58, with nearly half a million people expected to attend, driving ticket prices to record highs and hotel and airfare prices skyrocketing. Hotel rates during the Super Bowl weekend are expected to be 2.5 times the average, with the average price in Vegas over the big game weekend being 34% higher than in 2023. Super Bowl 58 tickets are the most expensive ever, with the cheapest ticket priced at $8,100, and special direct flight options are being offered by United Airlines, Delta Air Lines, and American Airlines for fans traveling from the San Francisco area and Kansas City to Vegas for the big game.
Originally Published 2 years ago — by OregonLive
The summer travel season has begun, with airlines hoping to avoid the chaos of last year and travelers scrounging for ways to save a few bucks on pricey airfares and hotel rooms. The number of people going through U.S. airports hit pandemic-era highs last weekend, and those records are almost certain to be broken over the Memorial Day holiday. With more travel comes more expense, as the average rate for a U.S. hotel room last week was $157 a night, up from $150 in the same week last year. The airline industry officials say carriers have fixed problems that contributed to a surge in flight cancellations and delays last summer, when 52,000 flights were nixed from June through August.
Originally Published 2 years ago — by CNBC
Demand for travel is expected to remain high this summer, with prices for airfare and hotel rooms staying elevated. Despite concerns about consumer spending, travel industry executives remain optimistic about the future of the sector, with Booking Holdings CEO Glenn Fogel noting that travel will continue to expand better than GDP in the long run. Delta Airlines CEO Ed Bastian said that consumers are shifting from goods to services, and that the multi-year recovery from the pandemic will be stronger than expected.