Posts Tagged ‘Cologne’

Debt fears and low European hotel prices

Debt fears and low European hotel prices

For the first time in this year, hotel prices in some European cities have fallen as sovereign debt fears across the Continent, and the specter of a double dip downturn, spark tourists into cutting travel expenditure.

The main metropolitan cities from Europe have faced with extensive falls, according to the innovative figures from hotel cost contrast site Trivago. 38 of the 50 cities planned in its hotel price index recorded stable or falling prices – after five months of back-to-back raises in overnight prices.

Debt fears and low European hotel prices

A lot of well-liked summer targets saw significant turns down in comparison to previous month: Barcelonas prices sank 24 percent to £117 pounds, based on a typical double; Turin fell 29 percent ,£84, down from £118 in May; and Sevilles prices fell 16 percent to £77.

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