Hotel Price Barometer February 2010: Current Overnight Prices are Still Below the Level of Those Before the Crisis But it Appears That the Lowest Point Has Been Passed
By Hotel.de Ag, PRNEWednesday, March 3, 2010
NUREMBURG, Germany, March 4, 2010 - The current Price Barometer of the online hotel reservation service
hotel.info has shown a definite tendency towards a stabilisation of overnight
hotel prices. This is based on a comparison between more than four million
hotel price requests made during February 2010, January and comparable
periods from earlier years.
With a few exceptions the prices were still lower than those
of February 2008 - comparable month before the onset of the crisis - but in
more than half the towns studied the rates were above those achieved in the
crisis of February 2009. In addition prices have recovered during the past
month. This positive upward trend refers to Europe, but even globally there
is also positive upward movement in some of the major cities.
The following hotel.info ranking for the month of February
2010, shows the average hotel price per room per night in Euros for all types
and categories of hotel
Hotel Price Barometer for Europe and worldwide, February 2010
Encouraging recovery from January and very promising
tendencies in comparison year on year. However prices are still below those
of February 2008. Moscow is still the most expensive metropolis; Dubai's room
rates have decreased by 43% and London surprisingly has increasing hotel
rates.
The majority of European and global destinations show higher
hotel prices than the decrease in January. In the year on year comparison…
The complete press release including the full city rankings
for Germany, Europe and the world as a whole can be found here:
www.hotel.info/Press.aspx?mode=article&lng=EN&item=624
Press Contact: Ms. Warini Munshi hotel.info hotel booking Ltd. Longcroft House, 2-8 Victoria Avenue London, EC2M 4NS United Kingdom Phone:+44(0)20-32061430 Fax: +44(0)20-80431108 E-Mail: press@hotel.info URL: www.hotel.info
Ms. Warini Munshi, hotel.info hotel booking Ltd. Longcroft House, 2-8 Victoria Avenue London, EC2M 4NS United Kingdom, Phone:+44-(0)20-32061430, Fax: +44-(0)20-80431108, E-Mail: press at hotel.info, URL: www.hotel.info
Tags: Germany, Hotel.de Ag, March 4, Middle East, Nuremburg, Russia, United Kingdom