From the Niagara Falls Review:
A Niagara Falls vacation was a little cheaper in 2009 than it was the year before as hotel room rates dropped last year by about 5%, according to Hotels.ca,a hotel reservation agency that tracks prices across Canada.
Lower room rates is a trend that should continue this summer as the hotel industry tries to recover from the recession, the effect of the high Canadian dollar and lingering confusion among Americans about travel documentation they need to have to return to their own country, said Wayne Thomson, chairman of Niagara Falls Tourism and a city councillor.
“If anybody ever thought of coming to Niagara Falls, it’s the best bargain it has ever been,” Thomson said, reacting to the Hotels.careport.
Hotels set their overnight room rates based on supply and demand. When it’s busy, rates go up. But when things are slow, rates go down.