Wednesday, June 23, 2010

D.C.-area room rates at bargain prices WASHINGTON BUSINESS JOURNAL - BY Barton Eckert

Enduring pressure from the recession are making rates for five-star hotel rooms available at a three-star room price this summer in the Washington area, according to a price index by Hotels.com. The online travel company said that "due to continued inventory and economic pressures," hotel customers are finding new lows in rates around the country. A room in the Washington area now costs an average $144 across all star grades, a drop of 11 percent from 2008's rates, the company said. Baltimore-area lodging is down 15 percent to $117 a room. New York, Honolulu, Boston, Santa Barbara, Calif., and Panama City, Fla., are ahead of the Washington area as having the most expensive room rates, according to Hotels.com's index. The lowest prices can be found in Macon, Ga., Jackson, Tenn., and Montgomery, Ala. Read more: D.C.-area room rates at bargain prices - Washington Business Journal

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