User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


79° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Hotel Rates Up

September 18, 2012, 9:50 PM by Angela Kennecke

Hotel Rates Up
SIOUX FALLS, SD -

Those days of getting cheap hotel rooms have come to an end.  Over the summer, hotel rates jumped on average by 17 percent and they're not expected to drop to recession levels again.

Hotel rates peaked in 2007, but plummeted to new lows in the recession by 2009.  But now they're on their way back up.

"It's not air.  Air, especially for leisure travel, has been staying the same in most markets.  The increase is in hotel rates and resort rates. It's supply and demand. It's strong," Lorie Buus of All About Travel said.

Hotel rates have risen anywhere from five to 45 percent, with the biggest price jump at hotels associated with theme parks.  That has travelers making some tough decisions.

"Maybe not go for a luxury property.  Go for a moderate property; decide the courtyard view is okay instead of an ocean front.  They may go five nights instead of seven nights," Buus said.

You can get better pricing, but you'll need to book very far in advance.

"30 to 65 percent less per night costs, if you do it early and I'm talking six to nine months, 10 months," Buus said.

At the same time hotel prices are rising, customer satisfaction is dropping according to recent consumer surveys.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Walmart Grand Opening In Northern Sioux Falls

8/13/2014 6:03 PM

Northwestern Sioux Falls and the surrounding communities have a new shopping option

Full Story | Watch
Sioux Falls To Get Burlington Coat Factory

8/14/2014 1:45 PM

It's a deal that's been in the works for more than a year.  Now Lloyd Companies has submitted plans for a new Burlington Coat Factory sto...

Full Story
Two KELOLAND Target Stores Now Open Extended Hours

8/19/2014 12:16 PM

Night owls who enjoy shopping at Target will soon have a few more hours to browse the shelves.

Full Story
Toy Store to Open Second Location At Dawley Farm Village

8/14/2014 3:50 PM

A Sioux Falls toy store is opening a second location at Dawley Farm Village.

Full Story
SF Food Scene Gets Some National Attention

8/15/2014 8:14 PM

Sioux Falls' local flavor is getting national attention.

Full Story


Events