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Hotel Rate Averages

Room rates in the U.S. are on the rise again this year—cities with the greatest increase in prices are expected to be New York (up 13.1 percent from 2004), West Palm Beach (10.4 percent), and Tampa (10 percent) 8. And for the first time since 2000, the average rate for the entire country will top $100. While it's no surprise that properties in cities such as Honolulu, Boston, and San Francisco are commanding top dollar, not all markets are expensive: deal seekers can still find bargains in Albuquerque (average projected rates for 2005: $66.26); Kansas City, Missouri ($74.49); and Houston ($77.65).

New York City
2004 (average rate) $209.52
2005 (projected) $236.97

Honolulu
2004 (average rate) $137.45
2005 (projected) $143.36

Boston
2004 (average rate) $126.17
2005 (projected) $132.86

San Francisco
2004 (average rate) $125.58
2005 (projected) $132.49

West Palm Beach
2004 (average rate) $118.22
2005 (projected) $130.52

Phoenix
2004 (average rate) $97.67
2005 (projected) $103.92

Tampa
2004 (average rate) $81.78
2005 (projected) $89.96

U.S. city average
2004 (average rate) $97.47
2005 (projected) $102.44

Source: Smith Travel Research, Torto Wheaton Research, PKF Consulting.

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