Hotwire Reveals June 2012 Travel Savings Indicator
Popular Cities in Washington, California and Canada Heat Up with Hot Summer Deals on Airfare, Hotel and Car Rental Rates
SAN FRANCISCO, June 28, 2012 /PRNewswire/ -- Hotwire.com®, a leading discount travel site, today released the June 2012 Hotwire® Travel Savings Indicator, which features the top five cities in North America where hotel, air and car rental rates have dropped the most as compared to the same time last year. Using extensive pricing research to cover the three most popular travel products, the report helps guide travelers to the best destinations for maximizing their travel dollars each month.
"Summer officially kicked-off last week which typically means higher prices in most popular markets; however, we're still seeing some fantastic deals on hotel, air and car rentals across the country," said Clem Bason, president of the Hotwire Group. "For sun worshippers, cities like Palm Springs, Key West and Las Vegas all have deep discounts on airfare and car rental rates. For those looking to escape the sizzling temperatures, places like Spokane, Seattle, Vancouver and the Bay Area are each offering stellar rates on a variety of your travel needs."
Hotel Price Drops
For the first time in three months, Atlantic City didn't make the top five ranking. Sliding in to the number one spot, however, is Princeton, New Jersey with a 6 percent price drop. Meanwhile, Augusta, Georgia, remains in second place this month with a five percent price decrease as compared to last year. This small southern city is a top deal market for history buffs and golf lovers.
Continuing to round out the top five hotel deal markets are Providence, Rhode Island and Spokane, Washington, each with five percent price drops. Known as the "Renaissance City," Providence offers an array of arts and entertainment for travelers to enjoy. As of late, 3.5-star hotels in this city have been increasing their discounts to compete for the same business as the 4-star hotels that dominated the market last year. Conversely, in Spokane, there is less demand than last summer, so hotels are becoming more aggressive with rates.
Rounding out the top 5 is Montreal, Canada where hotel rates have dropped three percent this month, which means travelers can afford to enjoy this popular city during its high season. While there, folks can catch L'International des Feux Loto-Quebec (International Fireworks Competition) that takes place from late June to early July.
When compared to this time last year, the top five hotel price reductions for June 2012 include:
Rank |
Hotel Market |
Price Drops |
Example of a Current Hotwire Deal, US$/Night |
|||
1 |
Princeton, NJ |
- 6% |
4-star |
$87 |
||
2 |
Augusta, GA |
- 5% |
3-star |
$59 |
||
3 |
Providence/Newport, RI |
- 5% |
3.5-star |
$96 |
||
4 |
Spokane, WA |
- 5% |
3-star |
$72 |
||
5 |
Montreal, Quebec, C.A. |
- 2% |
3.5-star |
$82 |
Air Price Drops
For the second month in a row, Little Rock, Arkansas tops the list with a steep 20 percent drop. In addition, Palm Springs, California returns to the rankings with a 15 decrease. For Jazz lovers, Vancouver, British Columbia offers some amazing deals just in time for the annual Vancouver International Jazz Festival as airfare rates are down by nine percent. Finally, Key West, Florida and Oakland, California round out the top five airfare decreases with seven and five percent drops, respectively.
When compared to this time last year, the top five airfare price reductions for June 2012 include:
Rank |
Air Market |
Price Drops |
Average Hotwire Airfare |
1 |
Little Rock, AR |
- 20% |
$285 |
2 |
Palm Springs, CA |
- 15% |
$297 |
3 |
Vancouver, B.C. |
- 9% |
$391 |
4 |
Key West, FL |
- 7% |
$339 |
5 |
Oakland, CA |
- 5% |
$262 |
Car Price Drops
This month, travelers can expect staggering discounts on car rentals with available rates as low as $19, signifying that this could be a great time for a last-minute summer road trip. For those looking to rent a car in Boston, Massachusetts, they will see deep discounts as the city remains at the top of the discount car list for the third consecutive month with a 66 percent decrease. Following closely on Boston's heels, Las Vegas, Nevada moves up the rankings to second place with a 57 percent price drop. Newcomers Philadelphia, Pennsylvania, Seattle, Washington and Oakland, California also round out the bottom three with 55, 51 and 47 percent decreases respectively.
When compared to this time last year, the top five car rental price reductions for June 2012 include:
Rank |
Car Rental Market |
Price Drops |
Average Hotwire Car Rental Price |
1 |
Boston, MA |
- 66% |
$22 |
2 |
Las Vegas, NV |
- 57% |
$21 |
3 |
Philadelphia, PA |
- 55% |
$23 |
4 |
Seattle, WA |
- 51% |
$19 |
5 |
Oakland, CA |
- 47% |
$30 |
For over 10 years, Hotwire has worked with hotels, airlines and car rental companies to fill unsold inventory. As a result, Hotwire offers travelers amazing deals, every day of the year, across a variety of markets. Through Hotwire's deep understanding of the industry and unique relationships, consumers have been able to save millions of dollars on all their travel needs.
About the Hotwire Travel Savings Indicator
The Hotwire Travel Savings Indicator runs results during the second week of each month. Results are calculated by looking at Hotwire booking data 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 categories (e.g., star rating, class of car) for consistency, and the percent change in price for each region is generated as an overall average of the changes in those categories. The hotel prices in the charts above are examples for a particular Hot Rate® deal within that market. The airfare and car rental prices are average prices based on bookings across all car and seat classes. Actual prices may be higher or lower than the examples that are 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. Hotwire is an award-winning website and operating company of Expedia, Inc. CST# 2053390-50. NST: 20003-0209. For more information, visit http://www.hotwire.com. Hotwire sites operates in 8 countries worldwide: www.hotwire.com, www.hotwire.com/uk, www.hotwire.com/ie, www.hotwire.com/au, www.hotwire.com/nz, www.hotwire.com/se, www.hotwire.com/no and www.hotwire.com/dk. In addition to Hotwire, The Hotwire Group of websites includes: www.hotwire.com, www.travel-ticker.com, www.carrentals.com.
Hotwire, Hotwire.com, the Hotwire logo and Hot Rate are either registered trademarks or trademarks of Hotwire, Inc. in the U.S. and/or other countries. All other trademarks are the property of their respective owners. © 2012 Hotwire, Inc. All rights reserved. CST# 2053390-40.
Contact:
Melissa Penn
Atomic PR
(323) 648-5426
[email protected]
SOURCE Hotwire.com
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