US hotels to raise prices

July 31, 2012 4:23:34 PM PDT
A survey by www.tripadvisor.com finds that 47 percent of US hotels expect to raise room rates before the fall 2012 travel season.

The price hikes will reflect an increase when compared to hotel rates from the same time in 2011.

According to the survey, only 16 percent of hotels expect to lower rates in 2012.


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