London is still one of the most expensive cities with more considerable price increases, according to the hotel.info Hotel Price Barometer in May 2011
London, 11 July 2011 – Summer is upon us and the warm temperatures are ideal for sightseeing in many holiday destinations. Excellent conditions in London and other international cities that have many tourist attractions on offer. hotel.info, the free online hotel reservation service with more than 210,000 hotels worldwide, demonstrates which cities offer cheaper accommodation and where travellers will pay more for their hotel stay. The results of the hotel.info Hotel Price Barometer for May 2011 are:
London hotels showed considerable price increases during the state visit of Barack Obama
New York most expensive on a global level and Moscow the most expensive in Europe
The results of the hotel.info Hotel Price Barometer when comparing European capital cities (prices in Euros) *
Comparison of May 11 with May 10 in %
*Capital cities with more than 500,000 inhabitants
When compared internationally Moscow is still extremely expensive. Even when the hotel room prices have fallen by 2.43% to 172.80 Euros in comparison with the same month last year the Russian capital is still in position number one amongst the Top 20 European capital cities.
Despite a fall of the average room rates of more than 25% Oslo comes a good second behind Moscow. About a year ago absolutely top prices had to be paid for an overnight stay. The main reason for this was the Eurovision Song Contest with its many international stars which took place in May last year in the Norwegian capital and which also had an effect on rates in Germany where the contest was held this year.
The state visit of the US President Barack Obama honoured the capital of the United Kingdom at the end of May. The hotels in London were able to really increase their prices in comparison with the same month last year. London, with an average rate of more than 156 Euros, is now in place 4 amongst the European capital cities with a marked increase of over 20% on the average rates booked. In spite of this the largest city in the United Kingdom is one of the most popular destinations due to its cultural offering and its many sights.
Overnight guests have to pay much more in Kiev. Since May 2010 the room prices have risen by 36.36 %. Apart from many exhibitions and congresses the considerable price increases may be a taste of things to come during the European Football Championships in 2012. As an official host city the capital city of Ukraine can expect large numbers of international visitors.
The results of the hotel.info Hotel Price Barometer comparing other capital and major cities (prices in Euros)
Comparison of May 11 with May 10 in %
Rio de Janeiro
When international major cities are taken into consideration the „Big Apple“, New York, is in first place. Shanghai brings up the rear amongst the international major cities selected with average rates of 82.88 Euros - not even half as expensive as New York or Zurich.
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Using the experience of other hotel guests, customers seeking hotel rooms can base their decisions to book a room not only on the core information such as room price and hotel facilities, but also on the more than 1.5 million hotel evaluations and ratings submitted by hundreds of thousands of hotel guests from around the world. Compared with existing rating portals, hotel.info customers can rely on 100% genuine hotel ratings, since only customers who have booked and recently stayed in each hotel are asked for their opinion. hotel.info, the international brand of hotel.de AG, has been created in order to expand in markets in other countries. To acquire new customers and hotels abroad, offices in the UK (London), France (Paris), Spain (Barcelona), Italy (Rome), China (Shanghai) and Singapore have already been opened. The high percentage of international business travellers facilitates the Company's entry into new markets. The aim is to establish hotel.info as the leading online hotel reservation service for business as well as private customers.
Ms. Warini Munshi
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