Average hotel room rates fall in two thirds of international cities

Gurjit Degun
11 January 2014

11 January 2014 | Gurjit Degun

The average price of a hotel room has decreased in around two thirds of international cities, according to figures from hotel reservation system provider HRS Corporate

Average room rates per night in Tokyo fell by 19 per cent to £111.17 in 2013, year-on-year and Mumbai, Shanghai and Buenos Aires also saw a drop of 10 per cent.

Mexico City saw the biggest increase of 13 per cent in average prices to £56.46, with Bangkok and New York close behind with prices rising by 11 per cent and 9 per cent, respectively.

According to the figures, New York has the world's most expensive average room rates per night at £155.29, followed by Rio de Janeiro at £148 and Sydney at £144.

In Europe, Warsaw saw the biggest drop - 9 per cent -in average prices, compared with 2012. But HRS pointed out that in it would have been hard for the city to sustain prices that were boosted by Poland's co-hosting of football's UEFA Euro 2012 Championship.

While Madrid saw a 6.6 per cent drop in average prices to €81.89 (£67.94) per night, Scandinavian cities Stockholm, Oslo and Copenhagen saw average hotel room prices rise by around 5 per cent.

Zurich remained the most expensive European city to stay in, with an average rate per night of €144.39 (£119.78) despite a 3 per cent fall while travellers to Prague had the most inexpensive room rates at an average of €70.28 (£58.30) per night.

London was the UK's most expensive city to stay in and hotel rates increased by 3.6 per cent last year to £117.86, compared with 2012. Edinburgh hotels had the second most expensive rates in the UK at £94.90, despite a 6 per cent decrease on 2012.

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