Hotwire Reveals Hotel Rate Report for November 2009

Hotwire.com(R), a leading discount travel site, today announced the results of the November 2009 Hotwire(R) Hotel Rate Report. This monthly report features the top 10 cities in North America 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 will maximize their travel dollars. Following last month's findings, Houston again tops the list with a year-over-year price drop of 24 percent. Again, the drop in Houston's hotel rates are due to a large increase in area prices as hotels were filled to capacity in 2008 with people seeking refuge after Hurricane Ike.

Midsized cities continue to follow the trend established by larger tourist destinations, such as Las Vegas and New York, by deeply discounting their hotel rates. Nashville, Austin and Minneapolis all make November's list with drops of 20, 15 and 14 percents, respectively. In addition, Canada has dropped out of the top 10 after placing on the last 8 Hotel Rate Reports for its big year-over-year price drops, largely due to a fluctuating Canadian dollar.

When compared to the same time last year, the top 10 hotel price reductions for November 2009 include:

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"Minneapolis is back in the top ten after topping the list in September, along with Austin and Nashville, which are taking the spots of larger metropolitan areas," said Clem Bason, President of the Hotwire Group. "Many of the hoteliers in these cities waited up until early 2009 to adjust their rates to be competitive in the current economic climate. We've seen this trend grow since September and may continue to see more of these mid-market destinations move their way up to the top 10 in the coming months."

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