Sunday, August 24, 2008

Hotel Rates Drop Up To 20% From Last Year

Breaking news: Some hotels at key vacation destinations are significantly lowering rates to counterbalance a rise in airfare prices. In many cases, overall trip costs have not increased above 2007 trip costs.

A typical eight day trip for two to Miami in September saw airfare prices increase $109 compared to last year, but hotels are $173 less expensive, meaning the total trip cost has dropped $64. -- Farecast press release August 20th, 2008.

The trend holds true for many destinations in Hawaii and Florida. This is particularly interesting for Hawaii, which this year has seen some of the steepest fare increases of any destination. Nationally, hotel rates are about even with last year, but rates at leisure destinations such as Hawaii and Florida are down as much as 20 percent.

Learn more at Farecast.com >

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