Hotel prices rocket across Europe
Hotel prices across mainland Europe rose by a dramatic 17% last year, but Moscow still tops the list as the world's most expensive destination, averaging £172 per room, research has revealed.
Prices in Norway, Denmark and Sweden, however, rose fastest, between 27% and 30% due to a strong local economy and events encouraging tourists into the region, according to online booking site Hotels.com
France also saw a whopping 27% annual rise, as Brits buying up French properties contributed to increased demand for hotel availability.
- In the UK, Bath trumped London's £107 per room with an average rate of £114, due to the disproportionate number of luxury hotels in the city and high demand fuelled by the long-awaited opening of the Thermae Bath Spa.
- Worldwide, New York was the world's second most expensive city, with prices topping £155 per room, but beyond the Big Apple, US and Central American rates were more reasonable, with rooms available for £64 in Orlando and £67 in Mexico City.
- Asia saw prices rise by 12%, although with rooms available in Bangkok for just £44, this was also the cheapest international city. Elsewhere, Dubai hit averages of £124 per room, closely followed by Cancun at £117 and Tokyo at £107.
- The Hotels.com data reflects prices paid by customers from more than 20,000 hotels in 1,000 cities.
London revpar rises by nearly 11%
Sign up for Daily Benchmarking
London hits highest revpar and occupancy in Europe
Moscow hotels hit October revpar high
By Emily Manson
E-mail your comments to Emily Manson](mailto:Emily.Manson@rbi.co.uk?subject=Hotel prices rocket across Europe) here.
|
|
