Fairs and exhibitions are driving hotel prices up in Europe
The trivago Hotel Price Index shows a clear rise in prices within the hotel industry in Europefor the first time since the decline in prices which started in May.
Its Fairs and exhibitions driving hotel prices up in Europe.
In 46 of the 50 tHPI cities hotel prices have increased in comparison to the previous month.
The most expensive European cities are Geneva (184 pounds), Venice (175 pounds) and Stockholm (150 pounds). These previously mentioned cities have reached their highest level this year.
An obvious rise in comparison to the previous month can also be seen in Italian metropolises: In Milan hotel prices have increased by 41 percent to 145 pounds, in Venice by 33 percent (175 pounds) and in Rome by 31 percent (132 pounds).
Asides from the growth of city tourism in September, large fairs and exhibitions account for the rise of hotel prices. For example, in Milan travellers can visit Fashion Week and Venice has an International Film Festival.
Overall, hotel prices in Italy have increased by 13 percent in comparison to the previous month.
Spain is an exception: Overnight accommodation prices are three percent cheaper than last month. The cheapest hotel rooms in Europe can currently be found in Granada (65 pounds), Krakow (66 pounds) and Valencia (71 pounds).
Read the full article in HSMAI
Related News
You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
