Due to the financial crisis, the Los Angeles Times has posted an article in which shows how upscale hotels are offering special discounts for this summer.

In an interview with Bruce Baltin, vice president for PKF Consulting, informed:”Consumers are going to find better discounts, percentage wise, by taking advantage of more upscale hotels that have to provide dramatic discounts.”

Hotels have reduced their prices and they have informed that the revenue per room has gone down 17.5%. This summer is going to be a good time for frequent travelers to take advantage of enjoying an upscale hotel for the price of a regular one.

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