Hotwire Reveals Hotel Rate Report for May 2010
San Diego takes the number one spot for the second consecutive month with a six percent drop while the Miami/Fort Lauderdale area and Houston take the number two and three spots (six percent and five percent drops).
Hotwire.com®, a discount travel site, announced the results of the May 2010 Hotwire® Hotel Rate Report. This monthly report features the top 10 cities in North America where hotel rates have dropped the most. When combined with Hotwire's already discounted prices, the Hotel Rate Report helps guide customers to the destinations that will maximize their travel dollars.
As vacationers get ready to enter the 2010 summer travel season, large year-over-year discounts are getting harder to find. The good news is that last year was truly full of amazing bargains in the most desirable destinations. So when prices this year start looking the same as they did last year, it just means that those same deep discounts are still available now. What's even better for consumers is that some cities are still managing to drop prices even further, making the deals that much better.
Hotels in sunny San Diego continue to reduce prices to attract leisure travelers to offset less than expected business traffic this year. Also dealing with less convention business is Houston, where rates continue to fall, resulting in great deals for those looking to spend a beautiful spring in the country's fourth largest city.
When compared to the same time last year, the top 10 hotel price reductions for May 2010 include:
"In general, hotel prices are still far lower than they were before the recession," said Clem Bason, President of the Hotwire Group. "The travel industry may be showing some early signs of stabilization, but Hotwire is still seeing amazing values around the world, and that trend should definitely continue."
