Power Broker Results Top 300
RISMedia's Real Estate Information Network Member Directory
REsource- Real Estate Content Solutions

Getaways – 5 Tips for Finding Hotel Deals in 2010

By Jane Engle Print Article Print Article

RISMEDIA, March 12, 2010—(MCT)—Penny-pinching travelers got a great ride in 2009—U.S. hotel rates last year fell nearly 9% on average. But fasten your seat belts: 2010 may be rougher going.

Average room rates will continue to slide this year but only by about 2% as more travelers hit the road, predicts expert Scott Berman, U.S. leader of PricewaterhouseCoopers Hospitality & Leisure Practice in Miami. “There will likely be higher occupancy in 2010,” Berman said in a recent interview. “And if the past is any indication, that will bring higher rates.”

That means goodbye to great deals 24/7, 365 days a year. Holiday trips may pull off a major heist on your wallet as hotels get more aggressive on pricing for high-demand dates, Berman said. But you can still find ways to sleep cheap, or at least cheaper, in 2010.

-Try hotels in financial districts on weekends, after business travelers have fled. Sunday nights can be especially cheap.

-Stay in cities that have added a lot of hotel rooms, which can reduce occupancy levels and bring down rates. These cities include Miami, New York, Phoenix and Las Vegas.

-Book more nights per trip. This can bring down your per-night rate because so many hotels offer a third, fourth or fifth night free. They do this because even a free night can help a hotel’s bottom line when guests spend money at the restaurant, spa and other on-site services.

-Shoot for the top. Luxury hotels took the biggest rate hit last year as businesses, which were tightening their belts and worrying about appearing extravagant abandoned them.

-Get smart about the Internet. By downloading apps onto your smart phone, you can find hotel deals on the spot. To get the jump on short-lived sales, sign up for e-mail alerts from your favorite hotels and chains.

(c) 2010, Los Angeles Times.

Distributed by McClatchy-Tribune Information Services.

Join RISMedia on Facebook and share your views on this topic. Visit www.facebook.com/rismedia to continue the conversation!

Looking for fresh, daily content for your blog, newsletter or website? REsource Real Estate Content Solutions provides access to thousands of RISMedia articles and videos starting as little as $9.95 per month! Visit resource.rismedia.com now and get publishing today!

RISMedia welcomes your comments and questions. Email realestatemagazinefeedback@rismedia.com.

Copyright© 2011 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.


© 2012 RISMedia. All Rights Reserved Contact Us | Content Usage and Privacy Policy