Hotwire.com released its holiday edition of the Travel Savings Indicator on Dec. 18. The report features the top five cities in North America where hotel, air and car rental rates have dropped the most as compared to the holiday season last year.

The top five car rental price reductions for December 2012 include Tampa at the top of the list with a 29% drop to an average rate of $39. Miami Beach also has rates at $39, but ranked fourth in the report with a 15% drop.

With a 21% drop to $51, Newark, N.J. is the best alternate decision to access New York City when renting a car in the NY Metro Area, Hotwire said.

Car rental rates fell 17% in Memphis to an average price of $23. Memphis and Tampa also saw decreases in airfare prices with a drop of 15% and 10%, respectively.

Rank

Car Rental
Market

Market
Price Drops

Avg. Hotwire
Car Rental
Price

1 Tampa, Fla. -29% $39
2 Newark, N.J. -21% $51
3 Memphis, Tenn. -17% $23
4 Miami Beach, Fla. -15% $39
5 Milwaukee, Wis. -11% $28

Hotwire's car rental prices are average prices based on bookings across all car and seat classes — actual prices may be higher or lower than the examples provided. You can see the full report here.


Click here to see November's Hotwire report.

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