Why are hotels in Europe so expensive?

The price surge is more dramatic in many popular European destinations. Compared to 2019, May's average room rates were up 33% in London, 38% in Paris, and 22% in Amsterdam, STR data shows. Freitag blames a combination of inflation and a still-unrelenting demand among Americans to travel.



People Also Ask

A booming economy and a shortage of land also push up prices. So room rates in the crowded, still economically buoyant south of England are high – because hoteliers can charge the rates and still fill the rooms.

MORE DETAILS

High Demand for Hotel Rooms The high demand for hotel rooms plays a big part in why hotels are so expensive right now. When lots of people want to stay in hotels, the hotels become full quickly. This is called high occupancy. With more people wanting to book rooms, hotel owners can charge more money for them.

MORE DETAILS

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.

MORE DETAILS

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.

MORE DETAILS

Most extended stay guests book accommodations for at least one week. This is because the average nightly rate is discounted when guests stay longer.

MORE DETAILS

Book UK hotel stays on a Friday The lowest average daily rate for accommodation tends to occur on a Friday, while the most expensive daily rate occurs on a Saturday.

MORE DETAILS

Is it cheaper to live in a hotel UK? It is now cheaper to live in a 4-star hotel in two-thirds of European capitals than it is to rent the average London flat. Latest figures show that the average rent for a London flat is now £1,676 per month - or £55 a night - having increased by 30 per cent in the last four years.

MORE DETAILS

Our room prices are set dynamically depending on the level of demand. The higher the demand for a room, the higher the price is likely to be. Generally, our lowest price rooms are sold well in advance and will not be available close to the date of stay.

MORE DETAILS

The later in the day, the better. After 4 p.m., hotels know the odds of selling a room are pretty slim, so you're more likely to get an even lower rate. On average, the same-day rate of a hotel room is 10% cheaper than booking in advance.

MORE DETAILS