The average price of a hotel in London will drop by 35 per cent following the Olympics, according to new research from Trivago. However, with the Edinburgh Fringe Festival running north of the border for almost the entire month of August, hotel prices in Edinburgh are up 46 per cent compared to last month.
European hotel industry rates have risen 19% this month to an average of 118 pounds. Prices have risen drastically throughout Europe and the United Kingdom. These are the findings of the trivago Hotel Price Index (tHPI) prepared each month by the hotel price comparison website www.trivago.co.uk.
The European hotel industry has seen room rates decline this month. Whereas a standard double room cost 117 pounds in May, the European average has fallen four pounds to 113 pounds per night. 35 of the tHPI’s 50 cities have seen overnight costs fall at least a few percent, and eleven of those saw rates fall more than ten percent.
The long Easter weekend is the perfect time for a city trip this Spring. Hotel price comparison site www.trivago.co.uk has investigated the most popular European destinations this Easter based on search enquiries throughout March. London tops the chart for the second year in a row, closely followed by Paris.