High cotton prices drive up linen and towel costs

In “As Cotton Prices Rise, So May the Cost of Hotel Rooms“, CNBC cites the soaring costs of linens and towels as a potential contributor to higher hotel prices. I was most fascinated with the incredible price hikes since last summer.

Prices are from 2010 to 2011 as paid by hotels.

  • Queen-sized sheets: $72/dozen to $116/dozen (+61%)
  • Pillows: $8.80 to $9.56 (+9%)
  • Bath towels: $41/dozen to $64/dozen (+56%)

Cotton prices have been the main driver for skyrocketing costs.

Using BAL as an example, cotton has risen at least 162% since the end of 2010.

Using BAL as an example, cotton has risen at least 162% since the end of 2010.

http://plus.cnbc.com/rssvideosearch/action/player/id/1811372910/code/cnbcplayershare

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