updated 7/29/2010 3:31:03 PM ET 2010-07-29T19:31:03

Travel services company Travelocity says its latest pricing report shows that while summer airfare rates have increased slightly, hotel rates have actually declined.

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On May 20, the average domestic hotel rate for summer was $140 and international hotel rate was $201, Travelocity said Thursday.

As of mid-July, average domestic hotel rates dropped to $131 and average international fell to $182.

Conversely, domestic average airfare rose to $364 from $357, and international average airfare rose to $834 from $819, according to the report.

Travelocity is owned by travel company Sabre Holdings Corp.

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