The report covers the second quarter of 2014 for 63 different brands at the top seven major publicly-traded hotel chains which include: Marriott (MAR); HIlton (HLT); Starwood (HOT); Choice Hotels (CHH); Wyndham (WYN); Hyatt (H); Intercontinental Hotels Group (IHG).
The Park Hyatt brand had the highest average daily room rate in the second quarter at $350.98 per night. Park Hyatt is the luxury brand of Hyatt Hotels. The Ritz-Carlton, owned by Marriott, was second with average daily room rate of $337.09 per night.
The Knights Inn brand by Wyndham had the lowest average room rate at just $46.78 per night.
The report for second-quarter average room rates can be viewed at http://chainhotels.com/
ChainHotels.com is a new site that provides news and articles about major chain hotels updated several days per week. Travelers can also get great deals at hotel rooms and book directly with the major chain hotel companies.