Thursday, November 1, 2007

NYC hotels average $303 a night. Yeouch!!!!

Anyone who has tried to book a Manhattan hotel lately knows they're pricey. I had to calm a friend from California who complained about a $200 rate in Midtown; she was lucky to get a room at all, I told her.

Anyway, third quarter figures are just out from hotel-tracking Smith Travel Research. They're pretty for the industry, ugly for cost-conscious travelers. New York City-area hotels had a $303 average daily rate in September, up 11.3% from last September, Smith vice president Jan Freitag tells me. He says Manhattan rates (which aren't broken out) tend to be even higher.

The average daily room rate in the USA was $103.56, up 6% over the third quarter of 2006 and the highest ADR ever. Occupancy was up just .4% over 2006, but because of high room rates, revenue per available room rose to $71, up 6% over last year.

OK, readers. Let's cheer up fellow travelers. Please tell us a great nightly rate you've gotten lately. Where are they? Has anyone scored a decent room in Manhattan for less than $150? (Another friend of mine just got a $189 group rate -- $219 with tax -- at the Belvedere.)

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