Data trends on cheapest rates as well as median rate for three months of three, four and five star European hotels across some of the major cities across the continent.
This set covers November 213 to January 2014 - all rates are in US dollars for two adults for a one-night stay.
The general trend in all hotel categories shows that rates are declining or remaining flat, as would be expected at this time of year. Minimum rates show little variation.
Median rates are at their peak during November in Amsterdam, London, Oslo and Paris and show a decline for the remainder of the period.
Comparing across all the locations, the highest median rate values are seen in Oslo for 3-star hotels and in London and Paris for 4-star and 5-star hotels.
The range of rates, as indicated by the difference between minimum and median values is widest in the 5-star category: in November, the lowest rate for 5-star in Paris is $189 while the median is $538 and in London the range is even wider with a minimum of $133 and a median of $599.
It is anticipated that rates will begin to show an upward trend in the report for the next three month period.
Three star [click for larger image]:
[table id=3820 /]
Four star [click for larger image]:
[table id=3821 /]
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 hotel image via Shutterstock.