In Europe, rates are expected to rise less steeply than the global average, increasing 10.4 per cent in 2022 (to $132.97) and 7.6 per cent in 2023 (to $143.02). The average hotel rate in Europe in 2019 was $157.15.
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While there are some situations where it may make sense to use DCCs, it's usually better to pay in the local currency – especially if you use a credit card that doesn't charge foreign transaction fees.
On the hotel's online reservation form, punch in the dates you're considering to see what the going rate is. Look for special offers. For the best deals, book at least three weeks in advance, prepay in full, and hope you don't have to change your plans (since promotional rates are often nonrefundable).
It all depends on where you're going and what you plan to do during your trip. As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.
Save up to 60% on average when you book an Airbnb instead of a hotel here. The cost of spending a few nights in Europe might have you reconsidering all of your travel plans—hotels are expensive, especially with the surge in travel demand in 2023.
Cheapest Day to Book Hotel ReservationsMost travel agencies agree that the cheapest days to book hotels are Fridays and Saturdays. While these are the most expensive days for actually checking in and out, the best hotel rates are on the days when most people are traveling.