Travelers looking to spend less money on accommodation over the next month can find great price reductions in the following global city destinations.
The sharpest hotel price decrease from December 2010 can be found in Kiev, Ukraine. The low average room rate is the product of seasonal price fluctuations; but those not deterred by the weather will find amazing deals in a city known for both its rich history and modern culture. Kiev average nightly rates are down 23.02% from $124.74 to $96.03.
As with Kiev, the mountain town of Genting Highlands, Malaysia is currently seeing a seasonal price drop of 20.87% (down from $97.49 to $77.15).
In Bandung, Indonesia, the average hotel price dropped by 20.62% (down from 84.36 to $66.97). This sudden fall in average room rate can be attributed to a strengthening of the USD against the local currency, making Bandung an attractive destination for foreign visitors. source:hotelscompined.com
| Biggest Price Falls in January 2011 Month-On-Month | ||||||
|---|---|---|---|---|---|---|
| City | Average Room Price December 2010 (USD) |
Average Room Price January 2011 (USD) |
Change Month-On- Month (USD) |
Average Room Price December 2010 (Local Currency) |
Average Room Price January 2011 (Local Currency) |
Change Month-On- Month (Local Currency) |
| Kiev | $124.74 | $96.03 | -23.02% | ₴1004.71 | ₴773.81 | -22.99 |
| Genting Highlands | $97.49 | $77.15 | -20.87% | RM305.85 | RM241.56 | -21.03 |
| Bandung | $84.36 | $66.97 | -20.62% | Rp612167.44 | Rp607038.79 | -20.84 |
| Moscow | $151.56 | $121.51 | -19.83% | €4700.4 | €3760.27 | -20.01 |
| New York | $218.18 | $179.22 | -17.86% | $218.18 | $179.22 | -17.86 |
