Hotel Price Index: DFW hotel room rates edge up
DALLAS-FORT WORTH – Hotels in nine of 15 North Texas cities saw room rates for the first half of 2013 go up by more than the average in the U.S. and Canada, according to Hotels.com’s Hotel Price Index survey.
The price of a hotel room in the U.S. and Canada rose nearly 3 percent in the first half of 2013 to $112 a night, compared with $109 a night during the same period last year.
The rate in the Dallas-Fort Worth metro area overall was $109 a night, according to Hotels.com, up 4 percent. Six suburbs, including Grand Prairie and Westlake, had rates jump by 10 percent or more.
Hotel rates in the Dallas market (not including Arlington and Fort Worth) gained 4.2 percent to $91.66 a night in the first half of 2013, according to STR, formerly Smith Travel Research.
The top international market that feeds into Dallas is London, according to Hotels.com.
Statewide, the rate gained 5 percent to $120 a night, according to Hotels.com. That’s a 10 percent gain over 2011. The most expensive metro area in the state was Midland-Odessa, in the heart of the Texas oil boom, where rates averaged $148 a night.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.