Europe hotel rates rise well above inflation
Travel intelligence provider Mabrian conducted a Europe hotel price analysis of 20 destinations.
It found European hotel rates are on the rise across most categories and destinations, eclipsing inflation.
In general terms, Barcelona, Brussels, and Rome are the destinations with the highest increase in hotel rates.
These ranged from 30% to 33% on average.
Meanwhile, Ljubljana, Madrid, and Tirana saw the lowest Europe hotel price increases.
Mabrian also notes that Barcelona is the city where prices have increased the most compared to Easter 2022, with a 43% increase for three-star hotels.
In four-star hotels, the highest price growth is in Brussels, with a 34% increase.
Mabrian cites Zagreb, Warsaw, and Tirana as the most competitively priced destinations for all three categories of hotels over Easter.
Carlos Cendra, Director of Marketing & Sales at Mabrian, said: “While hotel prices are rising sharply, we must look at this rise in the context of inflation”
“In addition, we have to account for the increase in staff operating costs.”
“All this is combined with a strong demand for travel, which pushes prices up.”
Learn more about : Mabrian Technologies ( United Kingdom )
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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