Why are hotels so expensive in NYC in December?

Why are hotels so expensive in NYC in December? The first week of Dec. is one of the priciest of the year because everyone else also wants to come then. If your dates are flexible, if you come closer to Xmas (around the 18th or later) you'll see much better prices and it won't be quite as crowded.

Will hotel prices go down 2023?

If you thought 2022 was an expensive year to travel, get ready to spend even more in 2023. New data from travel site Hopper shows that U.S. hotel prices averaged $212 per night in January — that's 54% higher than the same month in 2022. Planning on taking a trip soon?

Why are NYC hotels so expensive right now?

Tight supply: Hopper's report points out that right now, there are fewer hotel rooms under construction than there were before the pandemic thanks to lockdowns, supply chain snags and rising interest rates. When demand is high and supply is low, prices tend to rise.

Is it expensive to go to New York during Christmas?

The Christmas season is one of the most magical times of the year to experience New York City. It's also one of the busiest and most expensive times to visit, and that will certainly be true for the 2022 holiday season.

What do I wear to NYC in December?

Do hotel prices go up if you keep searching?

Hotel prices are dynamic, fluctuating based on supply and demand — that means the price you see when you're searching for hotels one day might change the very next, even if the dates of your stay remain the same.

Is New York too busy in December?

Absolutely bring your best holiday cheer, but include a dose of reality about what to expect. From Thanksgiving to New Year's, New York City can be extremely crowded, especially the areas in and around Times Square and Rockefeller Center.

Do hotels get cheaper the longer you stay?

Most extended stay guests book accommodations for at least one week. This is because the average nightly rate is discounted when guests stay longer.

Are Airbnb cheaper than hotels?

Depending on the type of Airbnb apartment and the hotel, Airbnb can be cheaper than hotels but can also be more expensive. In general, Airbnb is cheaper than hotels because Airbnb does not have to pay for the overhead costs of a hotel or the general management of such a large operation.

Do hotel prices go up in December?

Check prices early. Hotel prices climb quickly in the months leading up to Thanksgiving, the December holidays, and New Year's Eve.

Is it cheaper to book hotel directly or online?

If you have a loyalty status with the chain then yes, it's probably cheaper to book directly. Also, sometimes hotel offer discounts to incentivize people to reserve with them in order to avoid paying fees to a 3rd party platform like Booking.com. But the reverse can also happen. So just check both and compare.

Why are hotels so expensive right now 2023?

High Demand for Hotel Rooms The high demand for hotel rooms plays a big part in why hotels are so expensive right now. When lots of people want to stay in hotels, the hotels become full quickly. This is called high occupancy. With more people wanting to book rooms, hotel owners can charge more money for them.