Spring Season Shows Rise in European Hotel Prices | trivago Reports
As spring approaches, the average price of a standard double room is increasing in a majority of European cities. In comparison with February, Istanbul is experiencing the greatest increase in price in March -followed by Rome, Vienna and Amsterdam. While in Paris and London, prices have experienced a moderate increase. These are the findings of the trivago Hotel Price Index (tHPI) prepared each month by the hotel price comparison website www.trivago.co.uk.
London, March 14, 2012. In March, travellers looking to stay in Rome will find themselves reaching deeper into their pockets than in February. In March, a night in the Italian capital will cost 107 pounds on average-a 23 percent increase from than last month. In London and Paris, hotels prices are similarly on the rise. The increase in both cities is 6 percent in one month. To stay overnight in the British capital will cost visitors an average of 152 pounds this month, and 138 pounds in the French capital.
UK highs and lows reported
London is reporting the highest prices in the UK this month, along with Brighton (92 pounds, up 11 percent) and Bristol (82 pounds, up 6 percent). All three cities are likewise showing the highest average price increases compared to last month. Edinburgh (97 pounds) also falls within the top 5 most expensive UK cities this month, despite experiencing a 3 percent decreased in March. Glasgow on the other hand, despite falling within the top 5 greatest percent increases in one month, is still offering one of the lowest UK prices on average-74 pounds. With St. Patrick Day festivities just around the corner, the Irish capital of Dublin has managed to keep prices relatively moderate at 78 pounds, however are nonetheless showing an overall increase in price by 7.5 percent.
The most expensive European cities
London and Paris are just behind Geneva, included in the top 3 most expensive cities in Europe this month. Nordic capitals, although among the few to show decreases in price in this month, are also reporting the highest increased rates in March. Oslo (134 pounds, down 1 percent), Stockholm (129 pounds, down 5 percent) and Copenhagen (108 pounds, down 3 percent) all fall within the top 10 most expensive cities in Europe this March. Alongside the Scandinavian cities, Amsterdam is also experiencing a rise in its overnight rate by 18 percent, reaching 113 pounds. While in Istanbul, Rome and Vienna prices have seen the most significant price increases this month-29, 23 and 19 percent, reaching 97, 107 and 103 pounds respectively.
The most affordable destinations in Europe
Even with this upward swing in prices this month, some European cities continue to show relatively low hotel rates. This is the case of Athens, where the overnight rate rose 8 percent in one month, but still is only 65 pounds on average per night. In Berlin, travelers must pay 7 percent higher than in February, however a night does not exceed 100 pounds-costing 81 pounds on average. The cheapest average hotel price in March however, is in Budapest for 53 pounds.
An overview of the average hotel prices in Europe, as well as several graphics and data charts can be found at: http://www.trivago.co.uk/hotelprices
The www.trivago.co.uk hotel price index shows the average overnight accommodation prices for the most popular European cities on trivago. Prices for a standard double room are calculated on the basis of one million daily price inquiries for overnight hotel stays generated through the trivago hotel price comparison service. trivago stores all hotel requests for each month and therefore gives an overview of hotel accommodation prices for the upcoming month. The tHPI reflects the hotel prices within the European online hotel market: The overnight accommodation prices of over 100 online travel agents and hotel chains create the average hotel prices for cities, regions and countries within Europe.
About trivago | Travellers find the ideal hotel for the best rate on trivago. The online service compares the hotel rates of 53 booking sites for 500,000 hotels worldwide. In addition, trivago has integrated over 15 million hotel reviews and shows the overall rating for each hotel. trivago does not just compare the prices of online hotel booking sites, but also the rates. Users can see whether breakfast is included, if any cancellation fees apply, and whether payment by credit card is available. trivago has the first "Freestyle" metasearch engine: travellers are able to search by holiday region, city or hotel name. With its headquarters in Dusseldorf, Germany, trivago was founded in 2005 and currently operates 23 international country platforms.
