Encouraging News for Travelers
(photo of a New York hotel courtesy of wallyg)
This week, Australia's The Daily Telegraph reported that hotel rates around the world have been "slashed" because of the global economic downturn, making 2009 a great time to take advantage of deals. The article stated that on average, hotel prices in 2008 fell 12% in North America, 10% in Europe and 7% in the Caribbean and South America.
There were some noticeable declines in various global cities; London (24%), New York (22%), Manila (32%), Dublin (21%), Barcelona (24%) and Johannesburg (12%), to name just a few.
These discounts remind me of the old cliché of "one person's trash is another's treasure" – While having to discount their prices isn't ideal for hotel owners, as a traveller, we can rejoice with this kind of news.
Check out Travelstart's home page for the latest hotel deals.
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Yep, good news for travellers. There is a mismatch of supply and demand at the moment, particularly with completely new hotels opening which were planned in different times.
[... - Good day! great blog -really interesting 739.[... -
That means it’s about time to try an upgrade or hotel you otherwise would never have considered. Think Radsisson and so.