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Albuquerque Has Lowest Hotel Prices in the U.S. According to hotels.com Hotel Price Index

Posted on: Tuesday, 29 September 2009, 12:07 CDT

DALLAS, Sept. 29 /PRNewswire-FirstCall/ -- According to the latest hotels.com Hotel Price Index(TM) (HPI(TM)), Albuquerque, N.M. offers the lowest hotel prices among major U.S. cities with room rates averaging just $79 per night, dropping 11 percent compared to the same period in 2008. Just 60 miles away, Santa Fe had the highest average hotel rates in the southwest region and twelfth highest nationally with an average price per room of $128 per night.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050415/LAFRU1LOGO)

"The southwest's amenity-filled cities with close proximity to incredible natural beauty continue to hold enormous appeal to travelers," said Steve Dumaine, senior director of merchandising for hotels.com®. "While many cities in the region haven't seen prices decline as steeply as the national average, there are great values to be found with hotels in the area."

Three cities in Texas remained in the top 20 list of favorite destinations for U.S. travelers with San Antonio rounding out the top ten, and Houston placing thirteenth and Dallas sixteenth. San Antonio and Houston also continued to be favorite destinations with international travelers, ranking eighteenth and nineteenth respectively.

Some of the notable findings about destinations in the southwest region in the latest HPI report include:

-- Arizona matched the national average of a 17 percent price decrease in the average hotel price for the first six months of 2009 compared to the same period in 2008, while Texas and New Mexico only dropped 9 percent and 8 percent respectively.

-- Most cities in Texas bucked the national trend with prices in Dallas/Ft. Worth dipping only 1 percent to an average of $122 per night with prices in Houston dropping 6 percent to an average of $116 per night and Austin seeing a decrease of 7 percent to $120 per night compared to the same period in 2008. San Antonio experienced the largest price drop with a 14 percent dip to $120 per night.

-- Hotel prices in Arizona saw double-digit drops that slightly surpassed the national average with Tucson seeing a decrease of prices of 19 percent, averaging $100 per night, and Phoenix experiencing an 18 percent drop to an average of $104 per night.

The hotels.com HPI tracks the real prices paid per hotel room rather than advertised rates, using a weighted average based on the number of rooms sold in each of the markets in which hotels.com operates. The HPI report issued today examines hotel prices paid at 78,000 hotels across 13,000 locations around the world for the period January to June 2009, compared to the same period the year before.

The international scale of hotels.com in terms of both customers and destinations makes the HPI one of the most comprehensive benchmarks available, as it incorporates both chain and independent hotels, as well as specialty lodging options such as vacation rentals and bed and breakfast properties. For more information on the HPI please visit http://hotels.mediaroom.com/HPI.

About hotels.com

hotels.com® is a leading provider of lodging worldwide, offering an extensive selection of more than 85,000 properties ranging from traditional hotels and vacation rentals to bed and breakfasts and all-inclusive resorts. hotels.com serves as an advocate for guests before, during and after their property stay. To help travelers choose the right property for each trip, the company provides a variety of tools and features, including property descriptions, rate calendars, maps, virtual tours, and more than one million guest reviews. hotels.com offers additional value for guests through its Price Match Guarantee, Risk-Free Booking(TM) and welcomerewards(TM) programs. For more information, please visit hotels.com or call 1-800-2-HOTELS. hotels.com is an operating company of Expedia, Inc. (Nasdaq: EXPE).

Hotels.com, Hotel Price Index, HPI and the Hotels.com logo are either registered trademarks or trademarks of Hotels.com, LP, a subsidiary of Hotels.com. Other logos or products and company names mentioned herein may be the property of their respective owners © 2009 Hotels.com, LP. All rights reserved. CST # 2083949-50

SOURCE hotels.com

Source: PR Newswire

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