By Euro Weekly News Media • 23 August 2011 • 8:11
Bank of England Governor Warns Of ‘Apocalyptic’ Food Price
HOTELS in coastal areas in Spain were more expensive in August than July. The average price of hotel rooms in coastal destinations increased by 19 per cent, according to Trivago’s Hotel Price Index.
Marbella reached €200 room a night, up nine per cent, placing it as the municipality in Spain with the highest average hotel rate beating the usually expensive cities of Barcelona and Madrid whose room rates were €120 and €89 respectively. The biggest price rise was in Malaga by 23 per cent due to the annual feria held each year in the city, although the average price was just €97 per night.
The Balearic Islands registered increases of 18 per cent this month with an average price of €151 per night. The Canary Islands was up 13 per cent to €94 per night.
Benidorm’s average hotel rate so far this month is €145 per night, which is 12 per cent more than in July.
In Salou in Catalonia prices reached €167, up six per cent.
By region the increases were 12 per cent for Murcia, 10 per cent for Andalucia and seven per cent for Valencia, to €87, €91 and €94 respectively. In the Cantabria Region the average price was €140, which is 27 per cent more than in July.
Asturias’s average hotel rate was €103 per night, up 23 per cent.
Galicia registered an 11 per cent increase to €91 per cent.
There were no major changes to hotel rates in inland municipalities, except Navarra where prices fell by 40 per cent from €124 in July when the San Fermin festival is held to €75 per night this month.
Many of the European capitals hotel rates’s are also cheaper this month compared to July.
In London the average price has dropped from €207 to €172, 17 per cent less. Rome’s prices decreased from €129 to €113 and in Istanbul from €121 to €107, both 12 per cent less. It is 10 per cent cheaper to spend the night in Brussels this month than last at just €90 per night. Paris reduced its average rate from €159 in July to €148 this month, seven per cent drop, and Berlin fell to €83, five per cent less.
By Nicole Hallett
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