NYC hotel prices up 8-percent

NYC hotel prices up 8-percent

A newly released survey say that New York City hotel prices rose eight percent in the past 12 months and the city remains the most expensive to get a room.

The Hotel Price Index says that the average room price in the city is $205.  That compares to $190 for 2011.

Honolulu nearly caught up to New York in the high-hotel price competition.  Prices at the vacation hot-spot rose 17% past year and the average room costs $204 a night.

Boston came in third highest on the list with $204 average nightly rates.

The least expensive hotel city on the list was Columbia, South Carolina.  The average room price rose $2 to $64 a night.