Consumer prices have risen slightly in the same period by 0.4 per cent throughout countries in the European Union, according to the European Office for Statistics. However, hotel.info’s Hotel Price Barometer has seen London and Glasgow prices buck this trend.
The average overnight stay cost in London this September dropped by just over three per cent in comparison with September 2013. Glasgow saw an even bigger drop in prices, with the cost of an average overnight stay there almost 13 per cent lower this September than last.
Regional cities in the UK have seen a price increase, including Manchester which saw a rise in average overnight stay costs of nearly four per cent. Birmingham saw a particularly high rise in costs, with the average price of an overnight stay almost 10 per cent higher than in September 2013.
Comparison with Europe
The Hotel Price Barometer also showed that despite London’s average overnight costs dropping, the UK capital was still the most expensive capital city in Europe for a night’s stay in a hotel.
Paris and Oslo, which saw increasing overnight stay costs, came in second and third behind London. Amsterdam, Stockholm, and Rome joined London in seeing the average cost of an overnight stay in their hotels fall.
Regional hotel strength
The reported rise in the average cost of a hotel night in non-capital cities such as Manchester and Birmingham is the latest in a series of positive results for regional hotels.
Hotstat’s latest report said hotels in Scotland and the provinces outperformed London in terms of profit growth in September, citing Bristol and Milton Keynes as places where hoteliers recorded a particularly positive month.