Hotel Price Index: DFW hotel room rates edge upHotel Price Index: DFW hotel room rates edge uphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=63372013-09-24T10:39:00Z2013-09-16T00:00:00Z

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.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://www.dallasnews.com/business/restaurants-hotels/20130910-survey-dallas-fort-worth-hotel-room-rates-edge-up.eceRead more at {Source}

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