Hotwire Reveals Canadian Hotel Rate Report for October 2010

Kitchener Sees Biggest Drop in Rates Right in Time for Oktoberfest

Oct 26, 2010, 12:57 ET from Hotwire.com

SAN FRANCISCO, Oct. 26 /PRNewswire/ -- Hotwire.com®, a leading discount travel site, today announced the results of the October 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. Kitchener tops this month's report with a seven percent drop, while other popular leisure destinations complete the list, including Halifax, Vancouver and Victoria.

Beer lovers rejoice - this month Kitchener has seen the steepest drop in hotel rates in Canada. Kitchener has its own Oktoberfest, a nine-day smorgasbord of unique beers and food, and the largest Bavarian festival outside of Germany. But there are plenty of other destinations travelers can choose from this month that are featuring lower prices. Halifax, Vancouver and Victoria all make the list, as hoteliers in those cities have dropped rates in order to attract travelers that may have stayed away this 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 October 2010 include:

Rank

Hotel Market

Price Drop

Example of a Current Hotwire Deal

CAD$/Night

1

Kitchener, ON

-7%

3.5-star

$83

2

London, ON

-6%

3-star

$66

3

Halifax, NS

-6%

3.5-star

$98

4

Vancouver, BC

-4%

3.5-star

$97

5

Victoria, BC

-2%

3-star

$99



"When there is a big event in a mid-sized town like Kitchener, hotel rates normally skyrocket," said Clem Bason, President of the Hotwire Group. "This year, much of Ontario has seen a decline in both business and leisure travelers, leaving prices low, even during big events like Oktoberfest."

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

chris.fucanan@atomicpr.com



SOURCE Hotwire.com



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