Average U.S. hotel prices increased 5% in 2014
By Hospitality Net
Americans paid an average of $137 per night for hotel accommodations in the U.S. during 2014 – an increase of 5 percent compared to 2013.
The findings from the biannual Hotels.com Hotel Price Index support a positive outlook on the U.S. travel industry, as price increases were felt across most of the 50 most popular domestic destinations.
“While U.S. hotel prices exceeded the global increase of 3 percent, travelers were not deterred from exploring top destinations and up-and-coming alike,” said Neha Parikh, vice president and general manager, Hotels.com North America. “Growing consumer confidence and lower gas prices contributed to a number of U.S. destinations reporting record visitor numbers in 2014.”
While the U.S. experienced a rise in hotel prices nationally, more than half of the top 50 domestic destinations remained under the national average price paid of $137. Four top destinations remained under the $100 mark, including 29th ranked Reno, which was the most affordable Top 50 destination in 2014 as the average price remained at $83 per night.
