Many New Hotel Rooms Available - Forcing Rates Down
Monday, February 27 2012 @ 11:22 PM UTC
Contributed by: Don Winner
Editor's Comment: I expect this downward pressure on hotel rates to both continue and increase. There are thousands of new hotel rooms entering the market, and there are now more hotels than demand. Therefore, the hotels will be competing for the existing clients - so it's a great time to shop around, ask for discounts, and negotiate for specials, bargains, and upgrades.