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Hotels.com®, the expert in online hotel booking and home to more than 20,000 hotel destinations worldwide, released its biannual Hotel Price Index™ (HPI®), reporting on the most popular travel destinations and the average price paid by travelers while visiting those destinations.
The HPI is a regular survey of hotel prices in major city destinations across the world, based on hotels.com bookings. Prices reported are those actually paid by customers (rather than advertised rates) during the calendar year of 2011. On a global scale, hotel prices increased by 4 percent on average in 2011 over 2010, while average prices in North America increased 5 percent year-over-year, continuing the process of steady recovery from the lows of 2008. Entering the third consecutive year of moderate price rises for guests, the global average price is still lower than it was in 2005, such was the depth of the financial crash-inspired trough.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52873-hotels-com-price-index-five-percent-rise-in-2011-in-north-america
What happens in Vegas, started at Golden Gate Hotel & Casino. The history of Las Vegas’ original casino, which opened its doors at One Fremont Street in 1906, spans the roaring 20s, Prohibition, Rat Pack era and now the 21st century. The landmark boutique property is celebrating the completion of its first major expansion in 50 years; it’s the rebirth of a classic.
Take a stroll through Golden Gate history: http://goldengatecasino.com/history/
To view Multimedia News Release, go to http://www.multivu.com/mnr/58204-las-vegas-golden-gate-hotel-casino-celebrates-major-expansion
