NUREMBURG, Germany, March 4, 2010 /PRNewswire/ — The current Price Barometer of the online hotel reservation service hotel.info has shown a definite tendency towards a stabilisation of overnight hotel prices. This is based on a comparison between more than four million hotel price requests made during February 2010, January and comparable periods from earlier years.With a few exceptions the prices were still lower than those of February 2008 – comparable month before the onset of the crisis – but in more than half the towns studied the rates were above those achieved in the crisis of February 2009. In addition prices have recovered during the past month. This positive upward trend refers to Europe, but even globally there is also positive upward movement in some of the major cities.
The following hotel.info ranking for the month of February 2010, shows the average hotel price per room per night in Euros for all types and categories of hotel
Hotel Price Barometer for Europe and worldwide, February 2010
Encouraging recovery from January and very promising tendencies in comparison year on year. However prices are still below those of February 2008. Moscow is still the most expensive metropolis; Dubai’s room rates have decreased by 43% and London surprisingly has increasing hotel rates.
The majority of European and global destinations show higher hotel prices than the decrease in January. In the year on year comparison…
