Hotel prices fall the world over

2008-12-11
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  • 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


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