The Hotel Price Index™ - Expedia
The Hotel Price Index™ - Expedia
The Hotel Price Index™ - Expedia
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8<br />
Luxury for<br />
less<br />
Australian travellers<br />
searching for topof-the-range<br />
hotel<br />
accommodation for less<br />
were able to benefit from<br />
some significant price<br />
falls in 5- and 4-star prices<br />
across the world during<br />
2012.<br />
to AU$252.<br />
In the 4-star range, Cape<br />
Town dropped 22% to<br />
AU$134 and in Europe,<br />
prices fell across several<br />
cities, including in Moscow,<br />
down 21% to AU$166, Milan,<br />
down 19% to AU$170 and<br />
Brussels, down 17% to<br />
AU$121. Closer to home,<br />
Delhi was in the losing list<br />
again, down 12% to AU$155.<br />
<strong>The</strong> highest 5-star fall<br />
was in Guangzhou where<br />
prices dropped 31% to an<br />
average AU$196. Also in<br />
Asia, a 15% drop took Delhi’s<br />
rate to AU$213. With the<br />
economic woes in Europe,<br />
luxury breaks became<br />
considerably cheaper and<br />
several European cities<br />
appeared in the list with<br />
double-digit falls greater<br />
than in recent years.<br />
Venice was down 18% to<br />
AU$349, Vienna down<br />
14% to AU$226, Moscow<br />
down 13% to AU$264<br />
and Amsterdam down<br />
11% to AU$268. Five-star<br />
averages in Sydney fell 8%<br />
Venice<br />
HOTEL PRICE INDEX: Review of global hotel prices: Jan-Dec 2012<br />
42
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