The Telegraph reports that, in comparison to May 2008, there has been a marked increase in hotel prices for Britons visiting the Continent.
The weakness of the pound has been blamed for the sharp rise in average room rates across Europe’s most popular cities. It has fallen by 13 per cent against the euro (from €1.27 to €1.12) since May last year. But according to a monthly hotel price index compiled by Trivago, an online comparison website, the rates British travellers are quoted have increased far beyond these currency fluctuations.
Compared with May last year, average nightly rates this month have increased by £60 in Venice, £54 in Geneva and £47 in Nice. Rates in Frankfurt, Cannes, Rome and Munich have all risen by a third over the same period.
The index, which is based on 40,000 daily price inquiries for overnight stays, is one of the travel industry’s most comprehensive price monitors. Overall, the price of a stay in a double room in Europe’s 50 most popular cities will cost an average of £107 this month – 15 per cent more than in May 2008.
There has been a marked decline in the number of British visitors to the Continent this year. Eurostar, which has enjoyed months of successive growth following its move across London from Waterloo to St Pancras, reported recently that passenger numbers fell by 11.5 per cent between January and March, to 1.92 million, compared with the same period last year. In March, the tour operator Inghams cancelled its entire summer city breaks programme owing to lack of demand. This week Xcapewithus, which sells accommodation, went into administration, affecting up to 10,000 British holidaymakers. The Majorca-based company blamed currency fluctuations – particularly the high cost of the euro.