The pool at Turtle Bay Resort on Oahu’s North Shore.
Amanda Macias | CNBC
Consumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the latest government inflation report, a sign that soaring travel demand has lost some momentum from the summer.
Airfares also fell month to month, by 0.6%. Still, the price index for hotels, motels and lodging was 3% higher than it was a year ago, while airfares were 36% higher.
The cooldown comes in a year where…