Hotels.com Reveals World Hotel Rates Have Dropped
Released
on: October 6, 2009, 8:07 am
Author: Hotels.com
Industry: Travel
Hotels.com
has revealed that world hotel prices have dropped by an average
of 17% over the last year with rooms in Moscow now up to a third
(33%) cheaper than in 2008.
Whatever
the stereotypes, the Hotels.com Hotel Price Index (HPI) reveals
the true cost of a hotel room underlining that, whatever the reason
for travel, there has never been a better time to leave the UK
in search of a global bargain. While the general trend was for
prices to drop, prices were up by as much as 20% in Tel Aviv,
by 15% in Istanbul and by 15% in Abu Dhabi.
The
cheapest hotel rooms on the planet range from Mexico City and
Las Vegas at an average of £49 and £53 respectively,
through to emerging international stag-do hotspots Riga (£55
on average) and Tallinn (£61 on average).
Alternatively,
for those with bigger budgets, despite a drop of more than a third
(36%), Moscow remains one of the most expensive cities in the
world with hotel prices reaching on average £167 a night.
However, not even a hotel overlooking the Kremlin can top the
rising cost of Abu Dhabi which leads the Index of most expensive
hotel rooms for the first time by being just £17 shy of
the £200 mark at an average of £173 per night.
Closer
to home, prices rose in just two major Eurozone capitals in the
first half of the year, rising 2% in both Rome and Paris to an
average of £110 and £109 respectively.
The
average cost of a hotel room in the US also started to come down,
according to the Hotel Price Index. UK travellers spent 6% less
for New
York hotels than they did in the first half of 2008 as prices
averaged £139 from £149 in 2008.
The
HPI tracks the real prices paid per hotel room (rather than advertised
rates) for 78,000 hotels across 13,000 locations around the world.
The latest HPI looks at prices from January to June 2009, compared
to the same period in 2008.
Alison
Couper, communications director of Hotels.com, said: "Despite
the relative weakness of sterling to the euro and the dollar,
the Hotels.com HPI has shown that Britons can still enjoy some
tremendous bargains abroad. Hotel rates are down year on year
across most destinations in Europe, and typically expensive places
such as New York and Moscow have never been more affordable."
Prices
in UK followed the worldwide trend with hotels
in London dropping by 12%, Edinburgh
hotels going down by 9% and Belfast rooms dropping by 29%.
Across the Irish Sea, hotels
in Dublin lowered their prices by an average of 11%.
About
Hotels.com
As part of the Expedia group which operates in all major markets,
Hotels.com offers more than 100,000 quality hotels, B&Bs and
serviced apartments worldwide. If a customer can find the same
deal for less on a prepaid hotel, Hotels.com will match it. Hotels.com
benefits from one of the largest hotel contracting teams in the
industry negotiating the best rates for its customers, plus there
are 1.3m reviews from users who have actually stayed in the hotels
to ensure customers make an informed choice when booking. Hotels.com
won the Gold Award for best hotel booking site in Webuser magazine
in February 2009.
PR contact:
Cordy Griffiths
Hotels.com
42 Earlham St
Covent Garden
London
WC2H 9LA
020 7019 2268
www.hotels.co.uk
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