Low hotel prices in the UK and on popular holiday islands
Tuesday 17, August 2010
Overnight costs fell in the UK this month, with most cities seeing price declines between five and fifteen percent. Among popular European holiday islands, the Canary Islands and Madeira are particularly affordable for late summer travellers. These are the findings of the trivago Hotel Price Index (tHPI).
Prices in the United Kingdom have declined significantly over the past month, with overnight costs in certain cities falling as much as 15 percent. Edinburgh is the exception to this trend, with prices soaring 49 percent to 179 pounds in anticipation of this month’s three-week International Festival. Hotel prices throughout the rest of Europe have stayed relatively stable, falling only one percent in August to 88 pounds per night. Key cities such as Paris (107 pounds), Milan (84 pounds) and Brussels (70 pounds) have nevertheless reached their lowest price point since the beginning of the year.
Major price declines in the United Kingdom
Prices dropped systematically across the United Kingdom this month, to the satisfaction of many travellers. The biggest declines were to be found in Bristol (85 pounds), Blackpool (60 pounds), and Newcastle (81 pounds), which fell between thirteen and fifteen percent from July to August. Even the capital experienced dropping overnight costs, with a ten percent fall to 136 pounds per night. Other cities followed the trend, though to a lesser extent: Birmingham (64 pounds) and Sheffield (68 pounds) fell seven percent, while Liverpool Cardiff (80 pounds) and (83 pounds) fell six and five percent respectively. Only two cities experienced any important increases in overnight costs. Costs in Glasgow rose 12 percent to 92 pounds – the city’s highest point since the beginning of the year. This rise is most likely due in part to the International Festival in neighbouring Edinburgh, where hotel prices have skyrocketed 49 percent to a high of 179 pounds.
Numerous cities at their yearly low; significant declines in crisis-affected Greece
Key cities such as Paris (107 pounds), Milan (84 pounds), Brussels (70 pounds) and Madrid (66 pounds) are at their lowest price this year. The Spanish cities of Seville (58 pounds) and Granada (54 pounds) have also reached a yearly low, providing a highly attractive destination for travellers looking for affordable city trips. Budapest (60 pounds), Bucharest (58 pounds), and Copenhagen (119 pounds) are all similarly less expensive than in previous months. Crisis-affected Greece is also experiencing significant price depreciations in comparison to last year, with room costs down ten percent from last year. The price of rooms in the capital of Athens have fallen ten percent to 79 pounds, and Rhodes is down 23 percent to 95 pounds in comparison to August 2009.
The Canary Islands – among Europe’s most affordable island destinations
The Canary Islands, one of the most popular destinations for British travellers, are particularly cost-effective this month. Overnight costs are down to 82 pounds in Gran Canaria, 83 pounds on Lanzarote, and 86 pounds on Tenerife. Madeira is also much more affordable than usual at 81 pounds per night per double room, and the German island of Föhr is down to 79 pounds per night. Crete and Rhodes’ overnight costs are higher, averaging out at 105 pounds and 109 pounds, respectively. The Balearic Islands of Majorca (113 pounds) and Ibiza (122 pounds) are less affordable at the moment, and Italian island destinations such as Capri (196 pounds), Ischia (176 pounds) and Sardinia (154 pounds) are even less so. The Greek island of Mykonos is currently the most expensive European island destination, with an average price of 203 pounds in August.
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