High Peaks Resort Offers Stock Market-Style Savings in Lake Placid, N.Y.

In response to current economic conditions, the High Peaks Resort in Lake Placid, N.Y., has announced discounted room rates through Dec. 19, 2008. The rates will vary from week to week and will be set every Friday in order to match the Dow Jones' closing number when it's announced.

For example, if the Dow Jones closes on Friday at 8,387, rooms at High Peaks for the following seven days will cost $83.87 per night—a savings of more than $160 off the hotel's $250 average nightly rate.

"We want to give guests an opportunity to refresh, relax and reconnect during this turbulent economic time period," said High Peaks General Manager John Dodson. "When times are this challenging, we think the best solution is to get away for a day or two and this extraordinary value encourages our guests to do just that."

For more information about High Peaks, which offers over 10,000 square feet of meeting space, visit www.highpeaksresort.com.