Global hotel prices rose by 2% on the year in the second quarter, according to the Hotels.com Hotel Price Index.
The increase was the first year-on-year after seven consecutive quarters of price falls. David Roche, president of Hotels.com, said: "If indeed we’re seeing the beginning of a true recovery, it is an uneven recovery, and one starting from a low base. Prices remain at levels not seen since 2004 in much of the developed world – the Asia-Pacific region is the only one to show any significant growth."
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