Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in North America.
The Rategain data covers the North American region from April to June 2013, taken on the third week of November (all rates in US dollars for two adults for a one-night stay).
In price trends report, lowest rate trends over the three months show minimal variations in the 3-star category except for some gradual increases in Miami and Montreal.
In the 4 and 5-star categories min. rates showed a modest downward trend in Los Angeles and Miami. Overall, minimum rates for 5-star hotels show the most volatility particularly in Philadelphia and Orlando. Median rates across all categories are seeing relatively little movement during the reporting period either remaining flat or with some small increases in most locations.
As noted in previous reports, a wide range of rates (shown by the difference between minimum and median numbers) is seen in Chicago, Los Angeles and Toronto. However, New York leads the way in terms of rate range with 4-star hotels offering a minimum of $127 and a median of $468.
Three star [click for larger image]:
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Four star [click for larger image]:
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Five star [click for larger image]:
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NB: RateGain specializes in competitive price intelligence and rate shopping solutions for hotels, online travel companies and airlines. It currently tracks more than one billion hotel rates every month across countries in US, Europe, Middle East, Asia and Latin America.
NB2: The above data is indicative in nature and RateGain can't be held liable for its accuracy or usefulness for any purpose.
NB3: Vegas hotel image via Shutterstock.