Savvy Canadians Find Hotel Bargains In 2016

by Richard D'Ambrosio


Despite a decline in the value of their local currency, Canadian travelers continued to seek out and find reasonable lodging rates last year, Hotels.com said in a recent report on 2016 purchasing habits.

According to the company, its Hotel Price Index once again remained at 114, for the third straight year, with only modest increases in average rate paid in popular cities across Canada, the United States, and the Caribbean. 

Hotels.com noted that savvy Canadians were “undeterred” by currency changes against the U.S. dollar, and purchased hotel rooms at about the same price as 2015 rates in cities like Boston and San Francisco, while New York was up 3%. Canadians paid the steepest increases in Seattle, Portland and Las Vegas, where average per night prices were up 10%, 10%, and 9% respectively.

In Toronto, Canadians’ favorite domestic destination, lodging prices paid were up 7%, with Montreal (second most popular) average rates up 4%. Third most popular city Edmonton was down 6%.

Abroad, Canadians paid 9% less for overnights in London, and 7% less for Paris, while finding Asia to be a veritable bargain, with rates in Hong Kong and Bangkok down 1%, and Singapore down 5%.

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Source: Business Insider

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