Hotel price barometer:
Overnight rates continue to increase across the board
London, 10 December 2009 – The hotel price barometer published by the online hotel reservation service www.hotel.info for the month of November indicates an increase in hotel overnight rates across the board.
The online hotel agent has compared its hotel price enquiries from November 2009 with data from previous months and with the information it recorded for the same period last year.
The results show a clear upward trend in hotel prices compared with the previous months, both in Europe and around the world. While, with just a few exceptions, this November’s hotel rates were still lower than in November 2008 (which was when the effects of the global economic crisis first became apparent), prices did recover markedly last month.
In more than half of the world’s major cities, the hotel price barometer shows a rising trend. Only Amsterdam, Istanbul, Lisbon, Dubai and Mexico City are continuing to struggle with single-digit percentage falls in hotel prices. All other major centres recorded at least stable room prices in November, compared with previous months, with the majority even registering tangible increases.
Cities such as Stockholm, Helsinki and Warsaw, whose hotel rates had fallen particularly heavily during the crisis of 2009, bounced back in November, registering rate increases of up to 15%. Of all the world’s major cities, it was Rio de Janeiro in particular that surged ahead. The rise here reached a massive 20%. Hotel rates in New York, Tokyo and Shanghai also showed tangible signs of recovery.
Note: the hotel price barometer is a snapshot of the changes in hotel overnight rates. At the beginning of 2010, hotel.info will publish an analysis in its hotel price index for the entire year.
The rankings below based on the hotel.info hotel price barometer for November 2009 show the average hotel rate per night and room in euros for all categories of hotel and room.
Rio de Janeiro
www.hotel.info is a free online hotel reservation service for corporate and private customers. The service offers more than 210,000 hotels for electronic bookings around the world. Customers booking via hotel.info achieve significantly better prices in comparison with other booking channels. In addition, hotel.info shows all available room prices for each hotel, so that the customer can always select the cheapest or most suitable room price. All bookings via hotel.info are transferred simultaneously, securely and directly to the respective hotel’s computer. This guarantees the unique integration of each hotel’s own reservation systems (CRS or PMS) and hotel.info’s own reservation system myRES into the hotel.info unified user interface.
At hotel.info, customers seeking hotel rooms can base their decisions to book a room not only on the core information such as room price and hotel facilities, but also on the hotel reviews and ratings submitted by around 1 million hotel guests from around the world. Compared with existing rating portals, hotel.info customers can rely on 100% genuine hotel ratings, since only customers who have booked and recently stayed in each hotel are asked for their opinion. Once a customer has selected an offer, the hotel is presented for direct online booking at attractive conditions, in line with the hotel.info "Check & Book" claim.
hotel.info is the international brand of hotel.de AG. This brand was created to further drive expansion within Europe. The aim is to establish hotel.info throughout Europe as the leading reservation service for corporate and private customers. Today hotel.info operates offices in Germany, France, Spain, Italy and China.
Ms. Warini Munshi
hotel.info hotel booking Ltd.
2-8 Victoria Avenue London,
EC2M 4NS United Kingdom