Tourists benefit from reduced hotel room rates and the weak pound
Reduced accommodation costs combined with the weakening pound are allowing tourists, especially those from the Eurozone, to keep hold of more of their travel budget. According to price comparisons by HOTEL INFO, the international booking portal, London is now even losing its status as the most expensive capital in Europe. Hotel guests can now look forward to lower room rates in certain UK cities. Many foreign travellers are also benefiting from the year-on-year decrease in sterling. For instance, in London, the cost of accommodation in sterling decreased by 2.36% to around £109, with room seekers from the Eurozone able to save almost 10% compared with the previous year. In Manchester, hotel prices fell on average by 9.43% to £93.65, being over 16% in terms of the euro. However, accommodation became more expensive in Birmingham and Liverpool. In the second largest UK city, guests had to hand over £83.43, being a 6.63% increase. In the northwestern port city of Liverpool, the increase was almost 5%, rising to £77.27. However, compared to last year, guests from the Eurozone were able to preserve their travel budgets in both cities, due to the ailing pound.