Price of night in hotel goes up again. - According to “hotels.com”, the Expedia hotel room reservation site, for the first time since the end of 2007 the average price of a hotel room in the world has gone up (+2%), following seven consecutive quarterly falls. The average price is now at 2003 and 2004 levels in most developed countries. The Asia-Pacific region was the only area to register any noticeable increase. The main factors promoting the stabilisation or price rise are the...