Europe hotel rates rocket as warmer weather arrives

Thursday, 09 Apr, 2010 0

European hotel prices have increased by 12% from March to April 2010, reaching their highest since October last year, according to a hotel price index published monthly by price comparison site www.trivago.com.

The index also showed that currently the five most expensive cities in which to book a room in Europe are Venice, Geneva, Rome, London and Paris.

Trivago estimates that most European cities have seen growth of between 10% and 20%, with popular destinations like Rome, Barcelona and Istanbul seeing around 40% growth in the period.

The site believes this is down to people travelling south for the warmer weather and says some 31 of its 50 listed cities saw growth from March to April.

And it’s not just the major cities that are costing more to stay in. Country-wide prices have leapt up in the March/April period so that Trivago has seen “significantly higher price averages” in 19 European cities.

The Czech Republic has seen the greatest inflation in hotel prices, going up 38% from an average of £62 a night last month to £88 a month in April. Turkey has seen a 24% rise and Russia 19%. Just five European countries saw a decrease in hotel rates; Ireland (6%), Finland (4%), Norway and Bulgaria (2%) and Sweden (1%).

At home, rate rises were less headline-grabbing with a UK average of 4%. Trivago says this is down to wide regional fluctuations in prices, with Blackpool seeing an impressive 44% increase in rates while Birmingham prices dropped 11%. However, when UK prices are compared to last April’s, all cities saw growth.
 
Trivago calculates prices for a standard double room on the basis of 160,000 daily price enquiries made to 53 online travel agents and hotel chains.
 
By Dinah Hatch

 



 

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