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Hotel Price Index - Hotels.com Press Room

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capital, a possible indicator of what could happen<br />

in 2012 with the London Olympics and the Queen’s<br />

Diamond Jubilee. The average hotel price in Watford,<br />

for instance, soared 22% to £77, the second-highest rise<br />

in the UK, and High Wy<strong>com</strong>be leaped 19% to £67.<br />

Many of the major tourist destinations also<br />

experienced an increase in average room prices.<br />

Oxford and Cambridge both climbed 4% to £103 and £97<br />

respectively and York rose 5% to £91. Demand for these<br />

cities stayed steady, helped by an influx of travellers<br />

from the Eurozone taking advantage of the Euro’s<br />

relative strength against the Pound.<br />

Destinations in the Cotswolds experienced a surge in<br />

prices due to the area’s continuing popularity. Witney,<br />

Broadway and Chipping Norton posted rises of 31%, the<br />

highest in the survey, 21% and 16% respectively.<br />

Some traditional seaside resorts also reported big<br />

percentage price rises such as Weston-super-Mare<br />

up 21% to £56, Southend-on-Sea up 18% to £93 and<br />

Scarborough up 6% to £61.<br />

However, there were some pronounced price declines<br />

in Cornwall, with St Austell registering the biggest<br />

drop, down 20% to £103, Newquay down 16% to £79 and<br />

Penzance down 11% to £69.<br />

Oxford<br />

Scarborough<br />

The <strong>Hotel</strong> <strong>Price</strong> <strong>Index</strong> review of global hotel prices: Jan-Dec 2011<br />

39

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