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As hotel rates rise, travelers seek aid


TravelGuy
By TravelGuy,
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Interestiing 11/9/06 USA Today article.

By Barbara De Lollis, USA TODAY

The steep run-up in hotel room rates and occupancies in the USA's biggest cities is slowing as discouraged travelers seek alternatives to high-priced stays...

Don't expect hotels to give you a break anytime soon. Industry forecasters such as Smith Travel Research expect rates to jump again next year. But there is some good news: Demand for rooms is stabilizing, so hotels won't be able to boost rates...

Growing resistance from consumers indicates that hotels are nearing "that magic ceiling" for rates.

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