Hotel prices in the UK fell by 13% last year, plummeting costs across the country to their lowest levels for six years. Britain, which three years ago boasted of the most expensive hotel rooms of any European country, has now slipped to thirteenth place in the league table of European nations.
The statistics, which were recorded by the Hotels.com Hotel Price Index (HPI®), show a large drop from 2008 prices. On average, Britons paid £84 for a room across the country in 2009, down from £97 per night the previous year. However, this news was positive for foreign visitors.
The weakness of the Pound combined with lower room rates meant that the average prices paid by
European and US travellers were down by as much as 32% in some British cities. David Roche, President of Hotels.com, said: “Step inside the time machine, turn the dial back to 2003, and compare hotel prices then and now.
What’s changed? Not much.
Our latest Hotel Price Index, covering all of 2009, shows that prices fell globally by 14% on already weak 2008 figures, bringing consumer prices back to levels not seen since 2003.” He added that despite some signs of hotel price recovery, promotions across the UK are set to continue this year.
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