Hotel Prices Low But Rising

Although average hotel room rates in the United States increased this summer for the first time since 2007, they remain notably lower than peak rates, according to's biannual Hotel Price Index, the results of which were released last week.

Nationwide, average hotel room rates rose 2 percent, showed the index, which also revealed the nation's five most popular travel destinations: Las Vegas, New York, Orlando, Chicago and San Francisco.

"We're seeing travel bookings pick up around the world," said Victor Owens, vice president of marketing, North America for "It's stimulating to see not only the breadth of travel both domestic and international, but also the steady rise in hotel prices, which is helping reinvigorate the industry. There are, of course, still deals to be had, especially in international destinations."

Although London, Paris and Rome are among the most popular international destinations for U.S. travelers, according to the index, the biggest overseas bargains are in Abu Dhabi, Reykjavik and Dubai, where hotel room rates fell 46 percent, 18 percent and 10 percent, respectively, this summer.

For complete results, view the Hotel Price Index in its entirety at