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EU hotel prices rise

Most people know that hotel prices and the cost of holidays generally go up in the summer months.

The more people that want to travel, the more hotels and resorts can charge -hence why many holidaymakers avoid travelling during the peak season if at all possible.

According to the Trivago Hotel Price Index (THPI), which measures hotel prices across Europe, the average cost of one night in a hotel has gone up from £93 in March to £97 in April.

One of the most significant rises was in Amsterdam where prices rose around 32% from an average of £109 per night to £144 per night. This is for a large part thought to be due to Queen’s Day, a special event on the 30 April marking the official abdication of Queen Beatrix and ascension to the throne of King Willem-Alexander. With one of the world’s largest street parties planned, city officials are expecting nearly 800,000 visitors from around the world to descend on the city for the festivities.

Elsewhere in Europe other significant price rises were recorded in Munich (again around 32% to an average of £133), Venice (up 28% to £172), Nice, Prague and Rome (up 21%, 19% and 17% respectively). However, there is some light at the end of the tunnel. As previously mentioned, the rise in prices in the summer season is nothing new. One-off events like Queen’s day have also usually been accompanied by a subsequent rise, as have annual events. Try getting a reasonably priced room in Munich during Oktoberfest, and you’ll see what we mean.

But despite these rises a spot of careful forward planning, keeping a tight rein over your travel budget and hunting around for the best deals, including those on travel insurance, could help to ensure that you get an affordable holiday in the EU. If all else fails you can plan your getaways for off-peak seasons, which can vary from country to country.

Date Created: 15 April 2013

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