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Hotwire Reveals Canadian Hotel Rate Report for July 2010

Moncton Tops List for First Time With 12 Percent Drop in Hotel Rates


News provided by

Hotwire.com

Jul 14, 2010, 12:48 ET

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SAN FRANCISCO, July 14 /PRNewswire/ -- Hotwire.com®, a leading discount travel site, today announced the results of the July 2010 Hotwire® Canadian Hotel Rate Report, which features the top five cities in Canada where hotel rates have dropped the most. When combined with Hotwire's already discounted prices, the Hotel Rate Report helps guide customers to the destinations that can maximize their travel dollars. Moncton, New Brunswick ranks number one on this month's rate report with a 12 percent drop, while Cambridge, Ontario and London, Ontario round out the top three, with a drop of 11 percent and eight percent, respectively.

Despite summer being in full swing, the strength of the Canadian dollar continues to curb international tourism to Canada. This trend is good news for Canadians looking to travel to their favorite domestic destinations this year as hotels continue to lower prices throughout Canada.  

Travelers wanting to experience a slice of historic Canada will find amazing prices in Moncton, one of the fastest growing cities in Canada and home to the famed Canadian railway. Cambridge and Halifax, ranked fourth in this month's rate report, are also great value destinations that have distinctive 19th century architecture and offer a beautiful backdrop for shopping, dining and enjoying the mild Canadian summer.

Hotwire is able to find great deals because it works with hotels, airlines and car rental companies to fill unsold inventory. This means customers will find incredibly low deals on Hotwire, especially in cities like those on the Hotel Rate Report where prices are unseasonably low.

When compared to the same time last year, the top five hotel price reductions for July 2010 include:

Rank

Hotel Market

Price Drop

Example of a Current Hotwire Deal, CAD$/Night

1

Moncton, NB

12%

3.5-star

$100

2

Cambridge, ON

11%

3-star

$80

3

London, ON

8%

3.5-star

$93

4

Halifax, NS

3%

3.5-star

$100

5

Banff, AL

2%

3 -star

$100

"This is turning out to be a great summer for Canadians looking to explore more of their own country at amazing prices," said Clem Bason, President of the Hotwire Group. "With fewer visitors from abroad, travelers throughout Canada can experience low hotel rates and smaller crowds at many popular tourist destinations."

About the Hotwire Hotel Rate Report

The Hotwire Hotel Rate Report will run results during the first week of each month. Results are calculated by looking at Hotwire stay dates for select regions in the current month, and comparing prices in the current month against Hotwire prices in the same month in the prior year. Prices are compared within the same star rating categories for consistency, and the percent change in price for each region is generated as an overall average of the changes in those categories. The prices in the chart above are examples for a particular star rating category within that market, and actual prices may be higher or lower than the example that is provided.

About Hotwire

Hotwire.com is a leading discount travel site with low rates on airline tickets, hotel rooms, rental cars, cruises and vacation packages. Launched in 2000, Hotwire negotiates deep discounts from its travel suppliers to help travelers book unsold airline seats, hotel rooms and rental cars. J.D. Power and Associates 2008 Independent Travel Web Site Satisfaction Study(SM) recognized Hotwire for ranking "Highest in Customer Satisfaction Among Independent Travel Web Sites, Three Years in a Row." Hotwire is an operating company of Expedia, Inc. CST: 2053390-40. NST: 20003-0209. For more information, visit http://www.hotwire.com/.

Hotwire, Hotwire.com and the Hotwire logo are either registered trademarks or trademarks of Hotwire, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners. © 2010 Hotwire, Inc. All rights reserved. CST# 2053390-40.

Contact:

Chris Fucanan

Atomic PR

(415) 593-1400

[email protected]

SOURCE Hotwire.com

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