Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Europe.
This set covers July to September 2013, taken on the second week of July (all rates are in US dollars for two adults for a one-night stay).
In this latest price trends report, in Europe, the trends for minimum rates are generally lower in August or flat across the period of the report which reflects the summer holiday period.
The exceptions are Palma and Edinburgh which are popular destinations in August.
In September the lowest rates generally return to the levels seen in July or slightly higher. Median rates typically follow similar trends in all hotel categories with lower median rates in August and increases in September.
The widest rate ranges are seen in Paris and London, with Copenhagen, Rome and Venice showing larger variations between minimum and median rates.
On average, Scandinavian locations are the most expensive locations for 3-star hotels while London, Paris and Venice compete for the highest average rates in the 4-star and 5-star categories. In Africa, the trends are generally flat or slightly declining for both the minimum and median rates in all categories.
Three star [click for larger image]:
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Four star [click for larger image]:
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Five star [click for larger image]:
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NB: RateGain specializes in competitive price intelligence and rate shopping solutionas for hotels, online travel companies and airlines. It currently tracks more than one billion hotel rates every month across countries in US, Europe, Middle East, Asia and Latin America.
NB2: The above data is indicative in nature and RateGain can't be held liable for its accuracy or usefulness for any purpose.
NB3: Paris skyline image via Shutterstock.