London Hotels Compared With the Ten Most Expensive Cities in the World - the Hotel Price Barometer From February 2011

Tuesday, March 22, 2011

LONDON, March 23, 2011 - During the G20 meeting of finance ministers and heads of national banks
of the 20 leading industrial and developing countries in mid-February the
International Monetary Fund (IMF) reported that the global economy was
continuing to recover. Also the ifo Indicator of the global economic climate
has once more improved considerably according to the results of the World
Economic Survey (WES) for the first quarter of 2011. Not only the present
situation but also the prospects for the coming five to six months are
considered to be better. This points to stronger world trade which will
certainly have an influence on the hotel industry since the increased demand
for hotel rooms from business and leisure travellers has caused the prices to
rise in many international cities. [ ], the online hotel reservation
service, offered free of charge to users, has more than 210,000 hotels
worldwide and has discovered through their hotel price research in February
where hotel rooms are particularly low-priced and in which major cities
guests have to dig especially deep in their pockets.

The latest results show that:

- Moscow with 178.50 Euro at the top, Bangkok is comparatively reasonable

- London hotel rooms have increased in price in a year on year comparison

The results of the Hotel Price Barometer comparing major cities
internationally (prices in Euros)

Hotels in many international major cities are benefitting from increased
room rates….

    The Press release in full can be found here:

    Press Contact:
    Ms. Warini Munshi hotel booking Ltd.
    Longcroft House,
    2-8 Victoria Avenue London,
    EC2M 4NS United Kingdom
    Fax:  +44(0)20-80431108

Press Contact: Ms. Warini Munshi, 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

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