Leisure and business travelers considering fall travel are likely to find slightly higher hotel prices this season, but at least airfare so far is in check.
Flights around Thanksgiving are currently 14 percent cheaper than last year's prices, according to Hopper travel data, which analyzes airfare searches from multiple sources.
"Fortunately, prices in 2013 remained flat up until about 10 days before departure, so those waiting until the first week of November to book still didn't see much of a price increase," the Hopper report states. But once the 10-day window hit, prices jumped 25 percent to 30 percent.
Hotel room rates in the United States this year are up 4.5 percent on average, and are forecast to climb at a 5 percent rate in 2015, said Jan Freitag, a senior vice president at Tennessee-based travel research firm STR.
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But those percentage increases are higher at the luxury levels, and in cities where demand is especially high, such as Nashville, where rates were up 13 percent in the first seven months of the year, and San Francisco, which saw an 11 percent rise. Hotel rates have been on a sustained climb for many months. Currently the average room rate in the United States is $117.73, according to STR data.
Across the U.S., demand keeps going up and there are only 100,000 hotel rooms under construction nationwide, Freitag told CNBC. Right now, "it's a sellers market" when it comes to room rates, he said.
Very recent hotel openings include the SLS and Delano in Las Vegas, and the Park Hyatt in midtown Manhattan's 90-story One57 skyscraper. Much anticipated hotels on track to open this season include The Knickerbocker at Times Square in New York and the Nautilus South Beach in Miami from Jason Pomeranc's new SIXTY boutique chain.
Other hotels are offering new ways to get around this fall. At one end, the Waldorf Astoria Driving Experience offers a chance at the wheel of Ferrari's 458 Italia, a MP4-12C by McLaren or Porsche 911 Turbo while the Hotel Hugo in New York is touting Vespa scooter rentals for its guests.
Travelers looking for fall deals have at least one new option. In Los Angeles, the first Hotel Week LA will begin Nov. 29 with rooms discounted to $100, $200 or $300 per night at a handful of locations.
Fall destinations, at least for the jet-set crowd, include Houston, Las Vegas, Dallas. And according to September, October and November bookings with Sentient Jet, Florida is a key destination with cities West Palm Beach, Jacksonville and Naples, ranking among the top choices.
At Sentient, which handles both business and leisure private jet travel, fall bookings are up 19 percent over 2013 and 33 percent over 2012, according to company president Andrew Collins.