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Tampa hotel room prices continue to drop
By TED JACKOVICS
Tampa Tribune
Published: May 26, 2009

Travelers looking for hotel bargains might check out Vancouver, British Columbia, New York, Tampa, Toronto and Orlando, according to a Hotwire.com report on the largest hotel price reductions in May compared with a year ago.

Those destinations - in that order - posted the steepest declines in price. New York's process dropped 31 percent, Tampa's 28 percent and Orlando's 24 percent, the on-line travel company reported . Vancouver's prices declined 35 percent and Toronto's declined 25 percent.

The monthly survey found a three star-rated room in New York that Hotwire.com sold for $130 and four-star rooms in Tampa and Orlando sold for $66 and $71 respectively. The hotel properties were not identified.

Results were calculated by comparing Hotwire reservations during May with prices from a year ago.

The report shows the trend toward declining room prices is continuing this year.

The findings agree with the latest report by Smith Travel Research of Hendersonville, Tenn., that showed the revenue per average room in Hillsborough County declined by 24.6 percent in March compared with a year ago.

Reporter Ted Jackovics can be reached at (813) 259-7817.



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