TORONTO, March 5, 2013 /CNW/ – The average price of a hotel room around the world rose by three per cent during 2012, compared with the previous year, according to the latest Hotels.com® Hotel Price Index™ (HPI™). The rate of increase has moderated when judged against the four per cent rise in 2011 as the Eurozone’s problems pulled down the global average and slowed growth in the second half of the year. Three regions drew away from the rest. The Caribbean saw a six per cent rise, North America had one of its best results in recent years growing at five per cent and the Pacific gained four per cent, all outpacing the global figure. Asia added two per cent and Latin America one per cent while the Europe and Middle East region registered a slight fall.