Home » Statistics & Trends » Currently Reading:

Hipmunk Releases First Annual Seasonal Hotel Price Index

May 27, 2015 Statistics & Trends No Comments Email Email

In many American cities, the winters are bitterly cold, but the summers are oh so gorgeous. Since the supply of hotels is the same no matter what season it is, prices go up to meet the increased demand. http://industryclub.com.au/So, which American cities are going to be the most expensive to book hotels in this summer? In which cities do hotel prices skyrocket during the summer and plummet in the winter? Hipmunk reviewed its historical hotel data to figure it out.

The Most Expensive U.S. Cities for Hotels this Summer

This summer, the most expensive city in America to book a hotel in is Sonoma, California, where the average booking is $417. In close proximity to some 400 wineries, and perennially hot in the summer, Sonoma is an immensely popular vacation destination. The Northern California hotspot has a limited number of hotels, so in the summer, prices accordingly skyrocket.

Napa Valley, California ($338 per night) and Santa Barbara, California ($311 per night) — both of which also are peppered with some of America’s finest wineries — round out the top three most expensive cities to book a hotel in during the summer months.

The Least Expensive U.S. Cities for Hotels this Summer

In some cities, this dynamic is completely reversed: the hotels are actually much cheaper in the summer than they are in the winter. Typically, these are either ski destinations that have no snow in the summer, or vacation destinations that have nice weather in the winter and are uncomfortably hot during the summer.

Topping the list of cities with the biggest summer hotel savings is Scottsdale, Arizona (64 percent less that winter rates) and Miami (58 percent less than winter rates), but their average summer highs are 103 and 89 degrees, respectively. Rounding out the top three is the popular winter ski destination of Breckenridge, Colorado, which boasts a mild summer high of 70 degrees (56 percent less than winter rates).

Cities with the Most Seasonal Price Fluctuation

Many popular summer vacation destinations are known for their beaches, water parks, and other aquatic activities. When the weather cools down many summer attractions close for the winter causing hotels to lower their prices due to an expected decrease in demand. If you book a hotel in these cities in the wintertime, you’ll get a great price, but will have a smaller selection of activities to choose from. By summer, the prices will be much higher, but the full selection of attractions will be back in full swing.

Myrtle Beach, South Carolina is the city with the highest premium: $95 during the winter, and $228 during the summer, for a premium of 139 percent. Ocean City, Maryland and Newport, Rhode Island — both coastal towns with a huge tourist influx in the summer, but not much demand in the winter — complete the top three, with premiums of 130 percent and 101 percent respectively.

Off-Peak Deal Destinations

So, how does a traveler get the best deal on a hotel? One of the best ways to save money on a trip is to visit a vacation destination in a slightly off-peak season. That might mean visiting a ski resort in early spring, a winery in late fall, or a beach town just before the summer rush starts. To help determine when certain cities post their cheapest hotel prices, Hipmunk assembled a cheat sheet of costs by season.

Cheat Sheet: Hotel Prices by Season
Average hotel rates from Hipmunk by season
Popular Cities Winter Spring Summer Fall Popular Cities Winter Spring Summer Fall
Anchorage, AK $101 $110 $184 $96 New York, NY $185 $343 $295 $309
Ann Arbor, MI $100 $104 $145 $148 Orlando, FL $122 $104 $99 $101
Berkeley, CA $174 $183 $179 $190 Palm Springs, CA $281 $220 $133 $159
Boston, MA $185 $289 $297 $338 Palo Alto, CA $282 $256 $259 $318
Cambridge, MA $187 $272 $255 $310 Philadelphia, PA $170 $225 $185 $205
Charleston, SC $221 $292 $194 $207 Phoenix, AZ $149 $106 $80 $102
Chicago, IL $138 $206 $260 $268 Pittsburgh, PA $159 $193 $177 $209
Dallas, TX $165 $148 $136 $175 Portland, OR $148 $151 $187 $168
Denver, CO $148 $133 $175 $178 Providence, RI $157 $172 $210 $200
Detroit, MI $180 $169 $192 $183 Salt Lake City, UT $134 $107 $112 $106
Hilton Head Island, SC $123 $242 $245 $171 San Antonio, TX $147 $148 $134 $121
Hollywood, CA $204 $191 $199 $199 San Diego, CA $136 $151 $192 $145
Honolulu, HI $231 $193 $220 $203 San Francisco, CA $216 $230 $274 $242
Houston, TX $152 $160 $140 $139 San Jose, CA $169 $146 $199 $158
Key West, FL $397 $357 $305 $258 Santa Barbara, CA $225 $300 $311 $271
Las Vegas, NV $164 $241 $131 $135 Santa Fe, NM $203 $158 $195 $164
Memphis, TN $156 $160 $149 $151 Savannah, GA $165 $293 $211 $157
Miami, FL $321 $196 $136 $149 Scottsdale, AZ $267 $161 $97 $133
Milwaukee, WI $121 $136 $173 $136 Seattle, WA $179 $183 $302 $235
Minneapolis, MN $121 $150 $187 $177 Sedona, AZ $238 $272 $249 $191
Monterey, CA $175 $195 $216 $174 Sonoma, CA $276 $329 $417 $352
Myrtle Beach, SC $95 $183 $228 $84 South Lake Tahoe, CA $130 $125 $192 $121
Napa, CA $264 $329 $338 $283 Tampa, FL $137 $136 $93 $107
Nashville, TN $155 $189 $177 $187 Taos, NM $114 $77 $120 $97
New Orleans, LA $221 $228 $164 $204 Virginia Beach, VA $97 $135 $185 $106

For the complete Hipmunk seasonal Hotel Price Index, visit the Hipmunk blog. To book your next trip, visit the Hipmunk homepage or download the Hipmunk Flight and Hotel App for free from the App Store and Google Play.

Methodology

On behalf of Hipmunk, Priceonomics analyzed the average hotel prices on same-month bookings by Hipmunk users between January 1 and December 31, 2014.

Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global Travel media endorses the following travel publication

ADVERTISEMENTS

ADVERTISEMENTS