European hotel prices plummet
trivago Hotel Price Index Shows
- European hotel prices are seven percent cheaper in comparison to July 2008. These are the findings of the tHPI (trivago Hotel Price Index) which is published monthly by the hotel price comparison site .
- Travellers can currently find cheap hotel deals in the major Spanish and Italian tourist destinations. In top European cities prices have decreased up to 25 percent in comparison to the previous year.
Cheap hotel prices in Southern Europe
There has been a substantial drop in prices in the most popular holiday destinations. In Rome, the price of a standard double room is 102 pounds in July, seven percent less than last year. In Milan hotel prices are seven percent less (93 pounds). Prices are also plunging in Spanish cities: a room in Madrid is 74 pounds, 31 percent less than the previous year (107 pounds). In Barcelona the average hotel price is 94 pounds, 28 percent less than July 2008. Other Southern European cities such as Turin (84 pounds), Palermo (81 pounds), Lisbon (75 pounds) and Bologna (73 pounds) have also seen a considerable decrease in prices.
Bargains also in Scandinavia and the United Kingdom
Sweden and Norway are usually consistently expensive countries to visit, however this July prices are also more favourable. Overnight accommodation prices in Stockholm (101 pounds) and Oslo (111 pounds) are at their lowest level this year. These cities are 20 percent less than last month and over 10 percent less than last year. Also in the United Kingdom there are good deals this July in comparison to the previous year. A room in Brighton this July is 14 percent cheaper at 110 pounds. Accommodation prices in Birmingham are 20 percent less (74 pounds); an overnight stay in Manchester is 17 percent less than July 2008. Hotel prices in the English capital have risen by two percent to 134 pounds and Geneva remains the most expensive European city at 194 pounds.
The hotel price index shows the average overnight accommodation prices for the most popular European cities on trivago. The average prices for a standard double room are calculated on the basis of 40,000 daily price inquiries for overnight hotel stay generated through the trivago hotel price comparison. trivago stores all hotel enquiries for each month and therefore gives an overview of hotel accommodation prices for the upcoming month.
trivago is a leading global hotel search platform focused on reshaping the way travelers search for and compare hotels and alternative accommodations. Incorporated in 2005 in Düsseldorf, Germany, the platform allows travelers to make informed decisions by personalizing their hotel search and providing them access to a deep supply of hotel information and prices. trivago enables its advertisers to grow their businesses by providing access to a broad audience of travelers via its websites and apps. As of December 31, 2017, trivago has established 55 localized platforms connected to over 1.8 million hotels and alternative accommodations, in over 190 countries.