Hospitality Sales and Marketing Association International
Hospitality Sales and Marketing Association International
 
Hospitality Sales and Marketing Association International
Hotels.com Releases Hotel Price Index results for the First Half of the Year; U.S. up 2%

September 2, 2015

DALLAS, Sept. 2, 2015 /PRNewswire/ -- For the first time, hotel prices paid in three world regions have overtaken their pre-financial crisis levels of 2008/2009, with North America, the Caribbean and Latin America setting new records although the overall global rise is up just 1% in the first half of 2015 compared to the same period in 2014 according to the latest Hotel Price Index (HPI) from Hotels.com. More travelers[1], higher consumer spending in key areas and strong currency fluctuations have all contributed to this result. For the U.S. in particular, hotel prices rose steadily, with an overall 2% increase paid by worldwide travelers the first half of the year.

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