On most trips, your two biggest expenses will be your transportation and your accommodation. You don’t have much control over the price of your flight, but you can balance out that cost by picking a destination where you are more likely to score a deal on your hotel. ABC News has put together a list of popular tourist destinations in the US where hotel rates are falling, including Las Vegas, Tuscon, Anchorage and Chicago.
In some cites, the savings can be as much as 30%. In New York, the average has dropped from $281 to $196 – nearly $100 per night. Stay 2-3 nights and that could cover your airfare. Miami’s average is down from $176 to $140 and the cost of a typical hotel room in San Francisco has decreased from $155 to $124. Even rates in Waikiki Beach, Hawaii, are down 18% from $191 to $157.
The stats came from Hotels.com’s list of average hotel room rates around the world. Chicago, with a drop of 22% came in third place (tied with Anchorage) among major cities for the most significant drop in rates. Juneau, Alaska, was in second place. New York and Las Vegas tied for the top spot with a drop of 30%. Every state in the US experienced a drop in the average nightly rate, except for North Dakota. Rates there remained stable.
The lowest prices in the country were found in Albuquerque, New Mexico; Boise, Idaho; and Las Vegas.
The global average for hotel price drops was 17% with Moscow experiencing the most significant decrease of 52%.