Count On Paying More For Your Hotel Stay This Summer - KALB-TV News Channel 5 & CBS 2

Count On Paying More For Your Hotel Stay This Summer

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(NBC) School starts in about a month, so don't wait too long to plan your summer vacation. But, if you want to stay in a hotel plan to pay more.


According to the latest numbers, hotel bookings are booming. Data from the Smith Travel Research Group finds hotel occupancy rates for the year through may were at their highest level since 19-96.  Experts say at the current pace, this could the best year ever for hotels.

The boom in bookings is attributed to an improving economy with more americans and foreigners having more expendable income. Of course, higher demand means consumers will likely pay higher room rates.


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