Average hotel room prices up by just 1 percent globally

Average prices paid per night for hotel accommodation was up only 1 percent globally in 2015 as compared to 2014, according to the Hotels.com Global Index.
North America drove the global increase as the only region to see hotel prices rise (up 3 percent) throughout 2015 with the Index hitting 119, exceeding its pre-recession high of 117 in 2007.
Hotel prices paid in Asia had the highest percentage drop amongst all regions with a decrease of 5 percent in 2015 compared to 2014.