The Hotels.com Hotel Price Index (HPI) is a regular survey of hotel prices in major city destinations across the world. The HPI is based on bookings made on Hotels.com, and prices shown are those actually paid by customers rather than advertised rates. The HPI uses a weighted average based on the number of rooms sold in each of the markets that Hotels.com operates in. Approximately 78,000 properties in more than 13,000 locations make up the sample set of hotels from which prices are taken. The international scale of Hotels.com in terms of both customers and destinations makes the HPI one of the most comprehensive benchmarks available, as it incorporates both chain and independent hotels, as well as self-catering and bed and breakfast properties.
15.09.2009
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The average price of a hotel room around the world fell by 17% in the first six months of 2009, according to the latest Hotels.com Hotel Price Index. Hotel prices in June 2009 were more than one sixth lower than they were the year before and room rates were just 1% above their level in January 2004, when the Hotel Price Index was started. The 17% fall in room rates* was driven by price drops across every continent. Prices in Latin America fell by the greatest extent, down 18% in the first half of 2009 compared to the year before. Prices for hotel rooms in North America were down 17%, with rates in Europe faring little better, dropping 16% during the same period.
15.09.2009
15.09.2009
15.09.2009
15.09.2009
23.03.2009
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The average price of a hotel room around the world fell by 12% last year, according to the latest Hotels.com Hotel Price Index. Hotel prices in December 2008 were more than one tenth lower than they were the year before and room rates were just 1% above their level in January 2004, when the Hotel Price Index was started. The 12% fall in room rates* was driven by price drops across every continent. Prices in North America fell by the greatest extent, down 12% in Q4 2008 compared to the year before. Prices for hotel rooms in Europe fared little better, dropping 10% during the same period. In the Caribbean and Latin America they fell by 7%, while in Asia, hotel prices held up slightly better falling just 2%.
09.12.2008
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The average price for hotel rooms across the world fell year-on-year over the summer, according to the Hotels.com Hotel Price Index. The average price paid by travellers for a room during the period July-September 2008 fell by 3% globally, when compared to the same period in 2007. This is the first year-on-year fall in prices measured in any quarter since the Hotels.com Hotel Price Index (HPI) started in January 2004. The drop in prices globally was driven by falls in room prices across North America (where prices fell by 5%), Latin America (where prices were down 1%) and the Caribbean (prices down 4%). Prices in Asia remained flat while in Europe average prices in fact rose by 2% as hoteliers defied the general trend, maintaining prices during the summer months.
09.12.2008
09.12.2008
11.03.2008
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Average hotel rates were generally flat for the world as a whole in 2007.
However, while the global picture was generally flat, this overall trend masks substantial changes across the world's major markets - as prices in Europe and Asia rose, while prices in the US and Rest of the World (RoW) baskets fell.
11.03.2008
01.09.2007
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Hotel rates rose by just 0.8% year-on-year in Q2 2007, a slowing of the price rises at a global level.
11.03.2008
