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The relative strength of the global hotel sector can be seen as an indicator of a potential turnaround in the economic outlook with the average price of a room around the world rising 4% in 2011, according to the latest Hotels.com® Hotel Price Index™ (HPI®). The continuing strength in corporate travel, in particular, helped to push up demand and room rates, although prices were still generally lower than in 2005.
The HPI looks at prices that people actually paid for their hotel room around the world. Last year, prices fell 2% in Asia year-on-year but rose in all other areas: 8% in the Pacific, 5% in North America, 4% in Latin America, 3% in the Caribbean and 2% in Europe and the Middle East. The overall increase reflected a continuing trend of steady recovery after a 13% tumble in 2009.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53785-hotels
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
In the afternoon of Wednesday 21 March, Mrs Anna Komorowska, First Lady of Poland, will open the Keukenhof International Flower Exhibition in Lisse accompanied by Her Royal Highness Princess Margriet of The Netherlands.
In the period from 22 March to 20 May 2012, a colourful tribute will be paid to Poland, an important export market for flowering bulbs. Poland-Heart of Europe is the theme for Keukenhof 2012. Highlights this year are the exhibition Surprising Poland, the flowering bulb mosaic of Frederic Chopin and a special theme route.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53795-keukenhof
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RØDE Microphones is excited to announce ‘RØDE Rocks’ – an international band competition designed to locate and showcase the best in independent, unsigned talent around the world and reward them with an all-expenses-paid recording session in Hollywood with renowned producer Alain Johannes, as well as studio prize packs consisting of microphones and speakers totalling over US$15,000 in value.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55757-rode-microphones-international-band-competition-rode-rocks
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The world’s most romantic city, Paris, has been named the most expensive city in the world for a Club Sandwich, according to research released today by Hotels.com. The classic chicken, bacon, egg, lettuce and mayo sandwich, available in hotels the world over, has been used as a measure of affordability by the hotel expert. The Club Sandwich Index (CSI) will give holiday-makers an indication of the costs associated with their holiday destination, using one of the most common items on any hotel menu around the world as a barometer.
The CSI average price has been calculated by taking the real prices paid by guests for a Club Sandwich in 30 hotels in the capital or major city of each country measured. In total Hotels.com surveyed the Club Sandwich prices in more than 750 hotels in the five, four and three star category across 26 countries.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53816-hotels
The top 10 videos have been chosen in Bridgestone America’s Teens Drive Smart Video Contest. Now it’s time for the public to decide who the top three finalists will be.
Voting is underway now through July 23 at www.teensdrivesmart.com. The top three vote-getters will get all-expense paid trips to New York City. Bridgestone Americas will choose the first place winner, which will receive a $25,000 scholarship and his/her video will air on the MTV Jumbotron in Times Square in New York during the month of August. Second place will receive a $15,000 scholarship and third place will win $10,000 for college.
To view Multimedia News Release, go to http://www.multivu.com/players/English/54833-bridgestone-teens-drive-smart-2012/
For the first time in five years, travellers paid more on average for their hotel rooms during the first six months of 2012 in all parts of the world, according to the latest Hotels.com® Hotel Price Index TM (HPI®). The global 4% rise, compared to the same period the year before, demonstrated that the economic recovery in the hotel industry was well-established.
The Index stood at 108 for this period meaning that, despite the latest increase, hotel prices in general were still considerably lower than in the first half of 2007 when the HPI was at its peak of 119.
To view Multimedia News Release, go to http://www.multivu.com/mnr/56589-global-hotel-prices-rise-in-all-regions
The latest edition of Hotels.com® Hotel Price Index™ (HPI®) indicates that North America saw the second fastest rise in average hotel prices in the first half of 2012, with a growth of 5 percent, putting the Index at 109. The good news for travelers is that prices stayed 10 Index points behind their peak in 2007 and were still cheaper than in 2006.
The HPI tracks real prices paid per room by Hotels.com customers at approximately 140,000 properties within the Hotels.com network in major destinations around the world. This edition of the report, which compares the first six months of 2012 with the same period in 2011, shows an upward trend in hotel prices across all global regions, resulting in an average global increase of 4 percent. This is the first time in five years that Hotels.com has seen an increase across the globe.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52878-hotels-com-hotel-price-index-north-american-hotel-prices-up-5-percent
