Tourism Indochina: Hotel Rates Fell Dramatically

Dec. 21, 2011 - PRLog -- Hotels.com is a leading provider of hotel accommodation worldwide, offering booking services through its own network of localised websites and telephone call centres.

Hotels.com gives travellers one of the widest selections of accommodation on the net, including both independent and major chain hotels as well as self-catering in over 140,000 properties worldwide. The company offers a one-stop shopping source for hotel pricing, amenities and availability and also specialises in providing travellers with accommodation during sold-out periods.

Tourism Indochina: Hotel Rates Fell Dramatically:
(Tourism Indochina:Date : 2009-03-26): Hotel rates fell dramatically last year, with the latest report from Hotels.com showing that the average hotel room price fell by 12% across the globe with drops in every continent.

Hotels.com’s Hotel Price Index found that room rates were only 1% higher in December 2008 than prices in January 2004.

“Room rates dropped significantly in the final three months of last year as hoteliers around the world cut prices to try to fill their rooms,” said David Roche, Hotels.com President.

“While last autumn, North America was the only continent to see the average room price fall, the latest Hotel Price Index shows the economic downturn is now affecting hotel prices on all continents.”

By region, European hotels dropped by 10%, North American hotels fell 12%, while Asia dropped by 2% for the fourth quarter of 2008.

“Price falls were most dramatic in North America, but Europe, the Caribbean and Latin America were not far behind,” continues Mr Roche.

“The good news is that there is some great value to be had for travellers. This year really will be the year of the deal.”

There were still spots of price increases, with the top five cities still experiencing high price index growth being Rio De Janeiro (63%), Geneva (34%), Shanghai (32%), Cologne (22%) and Zurich (20%).

Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/
More details about Cambodia Rice Export: http://www.cambodiaorganic.com/

# # #

Online leading and responsible tour operator in the Indochina licensed as Int'l tour operators,Providing most uptodate Travel Information in Vietnam, Cambodia, Laos, Myanmar and Thai.