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.


69° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

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

Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Minimum Wage In South Dakota

10/13/2014 6:12 PM

An initiated measure on the South Dakota ballot this November proposes to raise the state's minimum wage from $7.25 per hour to $8.50.  Suppo...

Full Story | Watch
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story


Events