Holidaymakers see hike in hotel prices - TravelMole


Holidaymakers see hike in hotel prices

Wednesday, 13 Mar, 2012 0

Holidaymakers were hit with hikes in hotel prices across the world last year.

Global room rates rose by an average of 4% in 2011, according to the Hotels.com 2012 Hotel Price Index which gathered information from 142,000 properties in over 85 countries.   

There were increases in all regions apart from Asia which saw a 2% dip.

Within the Europe and the Middle East region there were drops however with Egypt seeing a fall in price of 22% – with prices down 30% in Sharm El Sheikh resort – and Tunisia down 9%.

The average price of hotels in the UK dropped 1% to £82, although London rates rose 1% to £115 on average.  

European cities popular with Britons saw some big rises, with Amsterdam hotel rates increasing 9% and Venice and Barcelona rooms going up by an average of 8%.

In popular sunspots like Ibiza, prices rose by 40% while Greece suffering with economic problems saw a dip of 10% in Athens.

US hotel rates went up by an average of 3% in 2011, but the rise was steeper in some American cities, with San Francisco up 14% and Las Vegas rising 11%.

Average prices rose 13% in Australia last year and there was a 12% increase in New Zealand, fuelled by the Rugby World Cup.

Hotels.com president David Roche said: "Price volatility in 2011 meant UK travellers found it more expensive to stay in the majority of their favourite destinations abroad.

"A variety of factors, including currency movements and a growth in corporate travel, pushed up prices at a time when many consumers were already struggling to pay their bills at home."



 


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