Philadelphia, Washington, D.C. and Baltimore top HotWire’s monthly list of the hotels whose prices have dropped the most.
Philadelphia replaces Houston for the number one spot with a 16% drop. Following close behind are Washington with a 15% drop and Baltimore with 14%. HotWire attributes the Presidential Inauguration last January as the underlying cause of the drop in the latter two cities, seeing as how such an event would cause hotel rooms to spike and then drop over the course of the last year.
Add to these factors the typically slow season hoteliers see in January, and you’ve got exceptionally low rates aiming to pull in customers and fill rooms. Even though most hotels expect to see an increase in travel over the next year, they will still be hesitant to raise rates right off the bat, making this an attractive time to travel and take advantage of the reduced rates.
The other cities who made the list are as follows:
1. Philadelphia-16%
2. Washington, D.C.-15%
3. Baltimore-14%
4. Columbus, OH-14%
5. San Diego-14%
6. Houston-13%
7. Miami-11%
8. New Orleans-10%
9. Orlando-10%
10. Seattle-9%
Room rates will most likely begin to rise over the coming months as travel picks up and demand increases, but for now the East Coast will remain a hot spot for travelers searching for a deal, and, on the reverse, a focal point of hotels struggling to fill rooms.
Philadelphia replaces Houston for the number one spot with a 16% drop. Following close behind are Washington with a 15% drop and Baltimore with 14%. HotWire attributes the Presidential Inauguration last January as the underlying cause of the drop in the latter two cities, seeing as how such an event would cause hotel rooms to spike and then drop over the course of the last year.
Add to these factors the typically slow season hoteliers see in January, and you’ve got exceptionally low rates aiming to pull in customers and fill rooms. Even though most hotels expect to see an increase in travel over the next year, they will still be hesitant to raise rates right off the bat, making this an attractive time to travel and take advantage of the reduced rates.
The other cities who made the list are as follows:
1. Philadelphia-16%
2. Washington, D.C.-15%
3. Baltimore-14%
4. Columbus, OH-14%
5. San Diego-14%
6. Houston-13%
7. Miami-11%
8. New Orleans-10%
9. Orlando-10%
10. Seattle-9%
Room rates will most likely begin to rise over the coming months as travel picks up and demand increases, but for now the East Coast will remain a hot spot for travelers searching for a deal, and, on the reverse, a focal point of hotels struggling to fill rooms.
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