The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Hotel room rates slump in the first half of 2009

 Sep 16, 2009 03:20 PM UTC
Return Risk
+0.00% N/A
Tracked Blogger
Symbol Sentiment Start Return Closed
HOT n/a
MAR n/a
EXPE n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Expedia Inc (EXPE), Starwood Hotels Worldwide (HOT), Marriott Intl'A' (MAR), Recession

Marriott HotelIn another sign of how companies have been forced to adapt to changing economic times, the average price for an American hotel room dropped 17% (year-over-year) during the first six months of 2009.

The average traveler booking a room in the U.S. can now expect to pay $115 a night, down from $139 during the first half of 2008. New York City and Washington D.C. were the priciest destinations on the list, although Las Vegas is the most popular destination. Gaming fans can grab a room in Sin City for an average of $82 per night.

Continue reading Hotel room rates slump in the first half of 2009

Hotel room rates slump in the first half of 2009 originally appeared on BloggingStocks on Wed, 16 Sep 2009 10:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments



Add to digg
Add to del.icio.us
Add to Google
Add to StumbleUpon
Add to Facebook
Add to Reddit
Add to Technorati




 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch