Airfares and hotel rates in Istanbul are down about 4% to 5%, according to Kayak.
Hotel rates are not rising as fast as airfares so smart travellers can still score deals, even during peak season.
Tourism, inspired by bargain hotel rates and airfares, was supposed to provide a kick, but visitor traffic has been discouraging.
The expression of that pent-up demand means more group travel and higher demand is pushing up hotel rates dramatically in some cases.
Average increases in hotel rates in the region should top out at around 6%, with occupancy and prices rising most in Buenos Aires, Mexico City, Santiago and Rio de Janeiro.
In fact I am a user of Housetrip and Airbnb because I cannot afford hotel rates, because demand for rooms seems to be pretty strong and hotels have moved to the same model as airlines, ramping up prices nearer to the purchase date.
Hotel occupancy rates for the first two months of 2009 are a record low 58%.
This year, hotel occupancy rates in Belfast peaked at almost 90% in the same month.
Hotel occupancy rates inside Acapulco now hover around 65%, according to the city's Municipal Tourism Board.
During the summer of 2012, hotel occupation rates increased 8.9% compared to figures for 2011.
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Hotel occupancy rates across the Acapulco region now hover around 46%, according to the Secretariat of Tourism Development.
But the city measures financial success in hotel vacancy rates, and the hotels were 95 percent full over the weekend.
Businesses could squeezed from lower hotel room rates or reduced bookings or prices during a traditionally strong period, the report suggested.
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Hotel room rates vary greatly throughout the region, but generally speaking, the deeper into the continent you go, the less costly it will be.
The company will now offer discounts ranging from 10% to 30%, at more than 2, 000 hotels in the U.S., Canada and Europe, off hotel desktop rates on its mobile application.
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Alveston Manor Hotel has cut rates by almost half to attract customers.
"With the ongoing unrest and growing security concerns, the number of tourists visiting Tahrir Square and Cairo in general remains very small, hence the low (hotel) occupancy rates, " she says.
We also note that occupancy rates are often a more important metric to hotel operators than average daily rates, as guests that occupy the available rooms can then spend money on food and entertainment.
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Economically troubled countries offer some hotel bargains rates are down in many cities in Spain, Portugal and Ireland, for example.
Miami-Dade hotel occupancy and room rates have only recently rebounded to 2001 levels.
The firm's monthly hotel survey found occupancy rates in Scotland fell by 1.4%.
While airfare, hotel and car rental rates in North America and Europe should only increase modestly in 2012, those travelling to, from or within the burgeoning economies of Latin American or Asia-Pacific regions could be paying up to 10% more next year, according to the report.
Many delegates suffered traffic delays, and the authorities had to step in after the travel agency which won a tender to arrange hotel bookings offered room-rates up to five times higher than usual.
It is partnered with many global hotel brands including Radisson, Hyatt, Best Western and Marriott, and rates are dependent on how busy the hotel is and what time rooms are needed for overnight guests.
Many hotel owners still are asking premium rates for rooms in the region and require a minimum four-day stay.
Now, the hotel is often booked solid and rates are much, much higher for a luxury experience to rival any other.
The company crawls travel agency sites and hundreds of airline and hotel sites to find the best rates and compares them.
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