Hotel room rates decline in two thirds of cities

Gurjit Degun
2 May 2014

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3 May 2014 | Gurjit Degun

The price of a night's stay in a hotel fell in around two thirds of international cities during the first three months of the year.

That’s according to a survey by hotel solutions provider HRS. It found Sydney, Australia, to be the most expensive city to stay in with the average price of a hotel room costing £143 per night. But even this rate has decreased by 12 per cent compared with the same period in 2013.

Toronto, Canada saw the second largest decrease of 11 per cent on the average room rate at £75.90. However, Mexico City, Mexico, (£66) and Delhi, India, (£68) are now more expensive with increases of 12 per cent and 11 per cent, respectively.

In terms of prices, two US cities follow Sydney as the most expensive. The average price of a hotel room in the first quarter of 2014 was £126 per night in New York, and the rate in Los Angeles was £123.

London is now the most expensive destination to stay in Europe with average room rates reaching almost £116, an increase of nearly 13 per cent compared with the first three months of 2013.

Zurich, Switzerland, and Moscow, Russia, follow closely behind, both averaging £111 per room per night. HRS figures show Moscow’s average room rate dropped by 7 per cent and Zurich saw rates fall by around 2 per cent against the first quarter of 2013.

After London, the largest rise in the price of a room in Europe was seen in Athens, Greece, where rates rose by 14 per cent to €81 (£66). In Warsaw, Poland and Milan, Italy rates increased by 11 per cent to €76 (£62) and €108 (£88), respectively.

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