2026 Hotel Price Index: How Americans are shopping smarter this summer

New Hotels.com report reveals how to score the best hotel deals this summer, despite volatile travel prices

Today, Hotels.com® released its 2026 Hotel Price Index™, revealing 8-14* days before travel is the sweet spot for booking and Sunday night stays offer the best value. Using internal booking data, app usage analysis, and a global survey of 11,000 travelers, the report reveals a dramatic rise in cost-conscious booking behaviors, the most affordable cities for a 5-star stay, and how today’s travelers are redefining luxury.

“With increasing volatility in travel prices this summer, fuel costs may be dominating the conversation, but hotel prices are where travelers are making real trade-offs,” said Melanie Fish, Vice President of Global PR and Hotels.com travel expert. “Travelers may be feeling the squeeze, but they’re also getting smarter. We’re seeing travelers save as much as 23% by booking closer in, starting stays on Sundays, or looking beyond the U.S., where 5-star hotels can offer strong value. This is a summer where how you book matters just as much as where you go.”

Hotel Pricing Trends: Where Rates Are Dropping YoY

According to the 2026 Hotel Price Index, hotel rates are falling across a mix of international and U.S. destinations, including beach, mountain, and city markets.

International Domestic 
Alassio, Liguria, Italy (-31%)
Leipzig, Germany (-25%)
Hanoi, Vietnam (-22%)
Bournemouth, United Kingdom (-16%)
Dundee, Scotland (-15%)
St. Croix Island (-15%)
Mendoza, Argentina (-14%)
Menton, France (-14%)
Cádiz, Spain (-13%)
Nantes, France (-10%)
Lahaina, Maui, HI (-27%)
Burlington, VT (-13%)
North Myrtle Beach, NC (-10%)
Las Vegas, NV (-10%)
Bozeman, MT (-9%)
Park City, UT (-8%)
Billings, MT (-8%)
Siesta Key, FL (-8%)
Huntington Beach, CA (-8%)
Syracuse, NY (-8%)

Gen Z Is Redefining Luxury***

Despite price and discounts being a deciding factor for the majority (77%), the lure of a luxury stay isn’t going anywhere, particularly for younger travelers. In fact, 50% of Gen Z and 54% of millennials say they are just as interested if not more in a luxury stay experience this year versus last year (compared to 23% of baby boomers). Moreso, Gen Z is the most likely to book a 5-star hotel (34%), followed by millennials (26%).

However, luxury is no longer just about star ratings — a room with a view is the experience most often associated with a luxury stay (27%), followed by room service (26%) and a spa (24%).

What is at the top of everyone’s luxury dream wish list? A penthouse suite (43%) and a hot tub with a view (43%).

Luxury for Less

For the second year in a row, 5-star stays abroad are cheaper on average than those in the U.S. ($250 internationally per night vs. $370 domestically per night) with several international cities offering 5-star stays for well under U.S. average daily rates. $370 domestically per night), with several international cities offering 5-star stays for well under U.S. average daily rates.

5-star Luxury for Less Than $450 per Night

International Domestic 
Porto Alegre, Brazil: $90
Nha Trang, Vietnam: $119
Phuket, Thailand: $144
Wrocław, Poland: $175
Canberra, Australia: $188
Tirana, Albania: $197
Santo Domingo, Dominican Republic: $202
Sofia, Bulgaria: $211
Zagreb, Croatia: $220
Casablanca, Morocco: $229
Atlantic City, NJ: $264
Portland, OR: $313
New York, NY: $332
San Antonio, TX: $351
Las Vegas, NV: $355
Lahaina, HI: $355
Minneapolis, MN: $359
Bozeman, MT: $367
Savanah, GA: $410
Seattle, WA: $427  

Travel Tips and Tools

Travelers can look for member discounts, book flexible rates, set Price Alerts, and consider booking 8-14 days before travel to find better value.

FAQ


Star Ratings: There is no universal star rating system. Each country has its own, meaning travelers should be aware of a possible disparity of standards and facilities when booking rooms with the same star ratings in different countries. Generally speaking, the differences are in degree of luxury, comfort, amenities, and service. In some countries, sustainability practices and guest feedback are also factored into star ratings.

Sources:

* The Hotels.com Hotel Price Index™ analyzes average daily rates, lodging searches and booking data on Hotels.com. The 2026 Index compares data from January 1 to December 31, 2024, to the same dates in 2025.

** Data based on searches made on Hotels.com (U.S. point of sale) between February 28-May 27, 2026, for stays between June 15-August 31, 2026, compared to the same period last year.

***Third-party research was conducted by market research partner OnePoll in accordance with the Market Research Society’s Code of Conduct. The Study was conducted online among 11,000 adult respondents across nine countries who travel and have stayed in a hotel.

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