Texas: Travel is booming
Hotels in Texas are charging higher rates now than they were a year ago, defying the recession afflicting many other states.
Houston is a case in point. Travelers are paying 15 percent more this year to rates stay at Houston hotels between October and December than they did a year ago, according to Expedia Travel Trendwatch. Hotel rates in Dallas and San Antonio are up 4 percent.
Hotels.com, which is also owned by Expedia, finds the same trend. Scott Booker, chief hotel expert for hotels.com, chalks up the trend to three reasons. The housing market has not dropped as much as in other states. Many Texan businesses are still flush with cash from the summer run-up in fuel prices. And out-of-state workers who are helping repair hurricane damage to the state continue to be busy in the state.
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