Even though the average price for a hotel room dropped 21 percent for the period between January and June compared to the same time last year, Miami still has, on average, some of the most expensive room rates in the nation. But the data reflects only bookings made on Hotels.com, so we suspect the actual average to be somewhat higher.
The average room went for $140 between January and June 2009. That's the sixth highest average in America, behind New York, D.C., and, closer to home, Naples and Panama City. Despite remaining comparatively high, the rates fell from $176 in the same period last year, for a drop of 21 percent. That's the fourth steepest drop in the nation. The bigger they are, the harder the fall, or something, I suppose.
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Miami still remains an in-demand travel destination. It's the eighth most popular domestic vacation spot among Americans. Europeans, who we all know have much better taste, made Miami their fourth most visited American city.