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  Hotel Industry News

 Monday July 6th, 2009 
  Back

Hotel prices fall the world over
External Source UK and global hotel prices have fallen for the first time in four years, according to a comprehensive index compiled by booking agent Hotels.com.
Prices in the UK fell by 4% year-on-year in the third quarter, while international prices fell by 3%.

Rates fell as hotels tried to entice hard-up travellers with cheap offers.

But the weakening pound, together with slight increases in European rates, meant that some continental hotels cost 30% more for UK holiday makers.

The average hotel price in the UK fell from £101 in the third quarter last year to £97 this year.

Prices in Scotland fell the most, with rates in Inverness, for example, falling by 15% to an average of £94.

Bath was the most expensive place to stay, with an average room costing £142. Nottingham was the cheapest, with rates averaging just £65.

External Source - For the complete article click here

Source - BBC
2008-12-11   Other

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