San Francisco Tops New York As Priciest U.S. City For Getaways This Summer

  San Francisco Tops New York As Priciest U.S. City For Getaways This Summer

London and Paris Named Most Expensive International Escapes, While Asian
Destinations Offer Affordability

PR Newswire

NEWTON, Mass., June 12, 2014

NEWTON, Mass., June 12, 2014 /PRNewswire/ --TripAdvisor^®, the world's
largest travel site*, today announced its annual TripIndex Cities cost
comparison study, revealing San Francisco as the most expensive U.S. city for
2014 summer travel, while Las Vegas holds its claim as the most affordable
U.S. spot for the fourth consecutive year of the report.

To view the multimedia assets associated with this release, please click:
http://www.multivu.com/players/English/70425526-tripadvisor-annual-tripindex-cities-cost-comparison-study-2014-summer-travel

TripAdvisor reveals San Francisco as the most expensive U.S. city to visit
this summer

TripIndex Cities compares the cost of an evening out and overnight stay in 67
key tourist cities around the U.S. and world, taking into account typical
costs for two for cocktails, a two-course dinner paired with a bottle of wine,
round-trip taxi transportation, and a one night stay in a hotel during the
summer travel months from June to August.

"Travelers are eager to get out and explore this summer, and with hotel prices
in major U.S. and global cities down six and seven percent, respectively,
travelers will be able to find more affordable stays and dedicate a bigger
chunk of their budgets to meals and entertainment," said Brooke Ferencsik,
director of communications for TripAdvisor.

Priciest Places

  oComing in with a daily TripIndex cost of $508, San Francisco emerged as
    the most expensive city on theU.S. list, followed by New York City ($501)
    and Boston ($491).
  oLondon ($520) shot up six spots from last year to be crowned the costliest
    destination on the international list, with Paris ($510) and New York
    City^1 ($501) close behind.
  oWestern and northern Europe lay claim to seven of the 10 most expensive
    international spots: London (#1), Paris (#2), Stockholm (#4), Oslo (#5),
    Zurich (#6), Copenhagen (#7) and Helsinki (#8).

Spots to Save

  oAt a TripIndex cost of $276, Las Vegas is the least expensive U.S.
    destination for the fourth consecutive year, while Miami ($311) and
    Atlanta ($314) round out the top three least expensive spots.
  oSix of the 10 most affordable U.S. destinations are in the South: Miami
    (#2), Atlanta (#3), Orlando (#4), New Orleans (#5), Houston (#6) and
    Dallas (#7).
  oHanoi ($153) is the best value international destination, followed closely
    by Jakarta ($158), and Sharm el Sheikh ($159).
  oAsian destinations top the best value list with five of the 10 most
    affordable spots: Hanoi (#1), Jakarta (#2), Bangkok (#4), Mumbai (#7), and
    Kuala Lumpur (#8).
  oTravelers looking for an affordable European escape should head eastward,
    as the region features three of the 10 best value international
    destinations: Sofia (#5), Prague (#9) and Budapest (#10).

U.S. Hotel Prices Down This Summer

Hotel prices^2 have decreased in 15 of the 20 examined U.S. cities since last
summer, with the average nightly hotel rate amongst the U.S. TripIndex cities
down six percent overall; however, spots around the Pacific Northwest have
seen surges, while room rates in warm-weather spots including Orlando and
Honolulu have significantly cooled down.

U.S. cities with the largest change in summer hotel prices, 2013-2014:

Largest increase       Largest decrease
1. Portland (+16%)     1. Orlando (-31%)
2. Seattle (+15%)      2. Honolulu (-21%)
3. San Francisco (+9%) 3. Philadelphia (-18%)

TripIndex U.S. Cities

Least Expensive:

   Destination      Hotel  Return    Dinner  Cocktails for two Total  YoY Rank
                           taxi trip for two                   cost   Change*
1  Las Vegas, NV    139.26 21.32     84.78   30.67             276.03 0
2  Miami, FL        186.87 19.01     78.74   26.67             311.29 0
3  Atlanta, GA      200.41 17.20     72.70   24.00             314.31 +1
4  Orlando, FL      202.25 17.69     78.38   24.67             322.99 +8
5  New Orleans, LA  210.55 16.53     72.95   23.33             323.36 +1
6  Houston, TX      221.37 16.64     77.41   22.83             338.25 +1
7  Dallas, TX       222.28 16.86     77.95   22.00             339.09 -4
8  Philadelphia, PA 227.51 21.93     74.99   28.00             352.43 +2
9  Minneapolis, MN  241.04 18.66     74.80   20.00             354.50 -1
10 Denver, CO      249.71 15.64     79.70   21.33             366.38 -1

Most Expensive:

   Destination     Hotel  Return     Dinner   Cocktails    Total    YoY Rank
                          taxi trip  for two  for two      cost     Change*
1  San Francisco,  380.92 24.18      79.98    22.67        507.75   +3
   CA
2  New York City,  363.74 18.30      84.62    34.50        501.16   0
   NY
3  Boston, MA      363.06 21.20      82.80    24.00        491.06   0
4  Seattle, WA     359.72 21.44      80.60    22.00        483.76   +4
5  Honolulu, HI    307.03 23.43      78.39    22.33        431.18   -4
6  Chicago, IL     297.19 18.98      79.33    27.33        422.83   -1
7  Los Angeles, CA 276.59 22.50      81.40    28.00        408.49   -1
8  Washington,     271.11 20.25      85.78    24.00        401.14   -1
   D.C.
9  Portland, OR    280.09 19.10      68.09    24.67        391.95   +7
10 San Diego, CA   269.71 21.71      77.70    22.00        391.12   0

TripIndex International Cities

Least Expensive:

   Destination          Hotel  Return    Dinner  Cocktails for Total  YoY Rank
                               taxi trip for two two           cost   Change*
1  Hanoi, Vietnam       98.98  5.14      34.16   14.61         152.89 +1
2  Jakarta, Indonesia   90.81  2.89      38.35   26.35         158.40 +19
3  Sharm el Sheikh,     92.14  3.79      48.14   15.42         159.49 +1
   Egypt
4  Bangkok, Thailand    85.72  3.49      50.34   22.58         162.13 +2
5  Sofia, Bulgaria      95.09  11.04     71.04   10.39         187.56 - 4
6  Cape Town, South     119.54 13.15     52.21   5.51          190.41 +3
   Africa
7  Mumbai, India        127.32 6.85      39.08   17.42         190.67 +9
8  Kuala Lumpur,        101.55 3.54      59.30   31.17         195.56 -1
   Malaysia
9  Prague, Czech        125.31 7.10      49.92   15.28         197.61 +11
   Republic
10 Budapest, Hungary    109.58 12.95     52.46   25.22         200.21 -5

Most Expensive:

   Destination     Hotel  Return     Dinner   Cocktails    Total    YoY Rank
                          taxi trip  for two  for two      cost     Change*
1  London, U.K.    315.57 36.88      128.40   39.01        519.86   +6
2  Paris, France   327.60 28.71      101.88   51.65        509.84   +3
3  New York City,  363.74 18.30      84.62    34.50        501.16   +1
   U.S.
4  Stockholm,      236.75 27.94      171.00   42.58        478.27   -1
   Sweden
5  Oslo, Norway    199.53 56.30      163.41   36.46        455.70   -4
6  Zurich,         296.52 42.97      77.17    36.86        453.52   -4
   Switzerland
7  Copenhagen,     242.31 46.25      100.62   32.47        421.65   +1
   Denmark
8  Helsinki,       200.46 38.24      118.76   22.25        379.71   +5
   Finland
9  Toronto, Canada 230.32 25.43      90.52    29.87        376.14   +7
10 Sydney,         196.00 22.65      130.02   26.15        374.82   -4
   Australia

Notes to Editors:

The international TripIndex Cities 2014 destination list comprises one key
city from 48 of the 50 countries which receive the largest number of
international visitor arrivals (data compiled by the UNWTO).

^1New York City was the only U.S. city evaluated for the international list

The U.S. TripIndex list consists of 20 popular editorially selected cities,
focused on large and popular tourism markets.

TripIndex prices out the following items in each destination to represent the
cost of a night out for two people:

  oOne night's accommodation in a 4-4.5 star hotel
  oCocktails for two people
  oDinner for two (two courses and a bottle of house wine)
  oReturn taxi transportation (two taxi rides of two miles each)

Prices were collected through a variety of research methods as outlined
below. Prices were taken in local currencies between March and May 2014 and
converted into USD (where applicable) on March 31, 2014.

Hotels: Prices specify the average per-night cost of a room at a 4-4.5 star
hotel found on TripAdvisor's Hotel Price Comparison in each destination for
the summer travel period (June 1 – August 31, 2014).
^2The 2013 TripIndex Cities examined 4 star hotels for the same summer 2013
travel period.

Cocktails for two: Prices specify the average cost of two martinis from a
top-rated, five-star hotel on TripAdvisor in each destination. Prices were
averaged from four to ten five-star hotels in each destination.

Dinner for two: Prices specify the average cost of a traditional or common
two-course meal (appetizer and main course) for two people with a bottle of
house (or cheapest available) white wine. Prices wereaveraged from four to
ten mid-range restaurants in each destination.

Return taxi trip: Prices specify the approximate cost of two taxi rides of two
miles each (representing an evening's round-trip transportation). Data was
taken from local authorities and taxi companies.

About TripAdvisor
TripAdvisor^®is the world's largest travel site*, enabling travelers to plan
and have the perfect trip. TripAdvisor offers trusted advice from real
travelers and a wide variety of travel choices and planning features with
seamless links to booking tools. TripAdvisor branded sites make up the largest
travel community in the world, reaching nearly 260 million unique monthly
visitors**, and more than 150 million reviews and opinions covering more than
4 million accommodations, restaurants and attractions. The sites operate in 41
countries worldwide, including China under daodao.com. TripAdvisor also
includes TripAdvisor for Business, a dedicated division that provides the
tourism industry access to millions of monthly TripAdvisor visitors.

TripAdvisor, Inc. (NASDAQ: TRIP) manages and operates websites under 23 other
travel media brands: www.airfarewatchdog.com, www.bookingbuddy.com,
www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com,
www.flipkey.com, www.gateguru.com, www.holidaylettings.co.uk,
www.holidaywatchdog.com, www.independenttraveler.com, www.jetsetter.com,
www.lafourchette.com, www.niumba.com,www.onetime.com, www.oyster.com,
www.seatguru.com, www.smartertravel.com, www.tingo.com,www.travelpod.com,
www.tripbod.com, www.vacationhomerentals.com, www.virtualtourist.com, and
www.kuxun.cn.

*Source: comScore Media Metrix for TripAdvisor Sites, worldwide, Q1 2014

**Source: Google Analytics, average monthly unique users, Q1 2014; does not
include traffic to daodao.com

TripAdvisor Logo.

To view the multimedia assets associated with this release, please click:
http://www.multivu.com/players/English/70425526-tripadvisor-annual-tripindex-cities-cost-comparison-study-2014-summer-travel

TripAdvisor names Las Vegas the least expensive U.S. city to visit for the
fourth summer in a row. (A TripAdvisor traveler photo)



London, England is most expensive international city for a summer trip,
according to TripAdvisor. (A TripAdvisor traveler photo)



TripAdvisor reveals Paris, France as the second priciest city for an
international trip during summer 2014. (A TripAdvisor traveler photo)

SOURCE TripAdvisor

Website: http://www.tripadvisor.com
Contact: Erin Millard, (617) 795-7985, emillard@tripadvisor.com
 
Press spacebar to pause and continue. Press esc to stop.