Hotel prices have experienced pronounced volatility as a result of political turmoil and natural disasters in the first half of 2011, according to the latest Hotels.com® Hotel Price Index™ (HPI®).
The average price of a room around the world rose by just 3% in the first six months of the year but this masked some steep rises and falls in regions affected by the historic events.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/hotels/50554/
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
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Latest Project: http://www.orangevacationstravel.com
Category: Hotel Booking Software (Hotelbeds XML Integration)
Business Model: B2C (Business to Customer)
Orange Vacations, Inc is a Florida, USA based Tour Operator specializing in Tour Packages & Hotel Bookings. This hotel booking system has been launched to cater the B2C clients, who can now search the hotels worldwide and book it online as well. Booking system software let the clients choose the USA travel packages, which are custom made by Orange Vacations\\\' professional team.
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OV also provides Discounted Vacation Packages which include the major Theme Parks and local transportation. Its hotels are all modern and convenient. OV offers economy, superior, and deluxe properties that are carefully selected for their excellent service and convenient locations. You can find pictures and descriptions of the many hotels available with its packages in our comprehensive hotel directory pages.
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OfficeMax® Incorporated (NYSE: OMX), a leading provider of office supplies, technology and services, today announced it has launched WorkPro™, a commercial-grade, limited lifetime warranty private brand seating line available in-store, on-line and to its business customers.
The new WorkPro private brand seating line is specially developed for extended use of more than eight hours a day, with ergonomically designed, industry-rated features – all at OfficeMax value prices.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55695-officemax-launches-new-workpro-seating-line