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|TRAVELOCITY DATA SHOWS COST FOR SUMMER TRAVEL LOWER THAN MANY THOUGHT|
IDENTIFIES 14 CITIES WHERE PRICE INCREASE WAS LESS THAN$50 FOR A VACATION IN JULY2008 COMPARED TO JULY 2007
SOUTHLAKE, Texas – August 18, 2008 – With all the media hype surrounding the high cost of everything travel related – from gas to airfare – Travelocity decided to take a closer look at how much more travelers actually paid for their summer vacations. Using airfare and hotel data of trips actually consumed by customers in July 2008 compared to July 2007, Travelocity was able to identify 14 major U.S. cities where the price difference of a vacation that included a flight and five-night hotel stay was less than $50.
“There's no arguing that the cost of air travel is up,” said Amy Ziff, Travelocity's editor-at-large. “But the mistake many travelers make is ending their vacation search based on that alone. Hotel pricing in many cities has stayed relatively flat compared to 2007. The hotel stay is typically the most expensive part of any vacation, so steady, and in some cases, decreasing prices means that skipping the vacation this year may not be necessary.”
*Fourteen popular cities with less than a $50 price difference include:
Atlanta : $13.16 more
Austin : $14.32 more
Boston : $26.28 more
Charleston : $43.39 more
Chicago : -$39.08 less
Denver : $30.16 more
Las Vegas : $3.68 more
Los Angeles : $34.53 more
Orlando : $20.81 more
San Diego : $0.88 more
San Francisco : $43.05 more
Seattle : $6.55 more
South Florida : -$8.92 less
Washington , DC : $33.57 more
To be fair, certain cities did see a more significant increase in ADR (average daily rate) in July 2008 over the year prior. New York City was one popular destination that didn't make the $50-or-less criteria set forth by Travelocity. Instead, it saw an increase of approximately $132. “The increase in hotel pricing in New York may be related to an influx of international tourists and a strong enough demand for hotel rooms that boosts the ADR,” said Ziff. According to NYC & Company, New York City 's official marketing, tourism and partnership organization, New York City is the number one U.S. destination for international visitors in terms of tourism spending.
While travelers may find comfort in the news that many cities may not be as expensive as they thought, $50 can still be a budget breaker for some – especially families. To offset any additional cost, Travelocity offers the following tips:
Travelocity® is committed to being the traveler's champion -- before, during and after the trip – and provides the most comprehensive and proactive guarantee in the industry ( http://www.travelocity.com/guarantee ). This customer-driven focus, backed by 24/7 live phone support, competitive prices and powerful shopping technology has made Travelocity one of the largest travel companies in the world with gross bookings of more than U.S. $10 billion in 2007. Travelocity also owns and operates: Travelocity Business® for corporate travel; igougo.com, a leading online travel community; lastminute.com, a leader in European online travel; and ZUJI, a leader in Asia-Pacific online travel. Travelocity is owned by Sabre Holdings Corporation, a world leader in travel marketing and distribution.
*assumes one person traveling by plane and a five-night hotel stay.