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

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hotel.info

23 Mar, 2011, 09:41 GMT

LONDON, March 23, 2011 /PRNewswire/ -- 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.

hotel.info [ http://www.hotel.info ], 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 2011 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:
    http://www.hotel.info/Press.aspx?mode=article&lng=EN&item=1059

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