Irish hotel prices drop 21% year-on-year
The average price of a hotel room in Ireland dropped 21% year-on-year, according to the latest Hotels.com Hotel Price Index (HPI).
The average price paid for a hotel room in Ireland in the 12 months from January to December 2009 was n80, compared with n101 paid in the previous 12 months in 2008. This price drop of 21% in Ireland is the steepest fall in hotel prices experienced by any Western European country for this period.
Ireland is followed by Norway as the next biggest faller in Western Europe with a drop of 20% year-on-year to n113. Overall, European prices were down 13% on average with every European country experiencing a drop in hotel room prices.
The average price of n80 paid for a hotel room in Ireland makes us the least expensive Western European nation and the fourth cheapest in Europe. The three Eastern European countries of the Czech Republic (n68 per night on average), Hungary (n70) and Poland (n70) recorded the lowest hotel room prices in 2009. Switzerland was Europe’s most expensive country with an average hotel room price of n135 in 2009.
The Hotels.com HPI tracks the real prices paid per hotel room rather than the advertised rates. It is based on prices actually paid by customers for 94,000 hotels across 16,000 locations around the world. The latest HPI looks at hotel prices for 2009 and compares to hotel room prices paid the year previous.
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