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Hotels in San Francisco Rise Strongly for New Year's Eve, Survey Shows

SAN FRANCISCO, Dec. 28, 2012 /PRNewswire/ -- Last-minute New Year's Eve revelers will be happy to learn that there are still plenty of hotel rooms available in San Francisco on December 31. The caveat is that eleventh-hour prices are significantly more expensive than usual, according to a new survey from SanFranciscoHotels.net.

At the moment, about 20% of San Francisco hotels are posting vacancies for New Year's Eve, the survey reveals. However, overall they have increased their rates by an average of 125% compared to regular prices. But some establishments have elevated their cost a whole lot more.

One such accommodation is the Nob Hill Hotel. Situated five blocks from the popular Union Square, this hotel regularly charges $225 for a room with two double beds. On New Year's Eve, however, guests can expect to pay $1065, or 373% more. The Inn on Broadway is listing even higher price increases for December 31. This hotel near the Marina District typically goes for $89 for an overnight stay in a Deluxe King room. Come New Year's Eve, that price will rise to $449, equating to a 404% rate hike.

Even the cheapest available 3-star hotel will put a dent in out-of-towners' wallets. Indeed, travelers will currently have to pay $229 for a single night. That figure is more than twice the usual going rate. Budget travelers who want to stay in the heart of San Francisco will currently find the cheapest available 2-star hotel room in the Cultural District. There they'll pay around $150 for the night. To break the $100 mark, they'll have to search around the SFO airport, where rooms can be still be scored for around $70 on December 31.

Check the full results of the online survey at http://www.sanfranciscohotels.net/press/new-years-eve-2012.html

Press Contact: Diane Muller, press@sanfranciscohotels.net

SOURCE SanFranciscoHotels.net

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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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