UK is a Hot Deal as Hotel Prices Fall to Six Year Low

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UK hotel prices, not long ago the highest in Europe, fell by 13% in 2009 – or, after exchange rate calculations, as much as 32% in real terms for US vacationers.

Those were the findings of the annual Hotel Price Index compiled by online hotel booking company Hotels.com. The survey, based on real prices paid by vacationers rather than advertised hotel rates, concluded that UK hotels now rank 13th in the price league of European nations. Vacationers spent £91 per week less for a UK vacation in 2009 (about $142.50 then) than they did in 2008.

The price drop varied widely from city to city in the UK with the biggest drop being recorded in Southampton (30% – cruise vacationers take note) and a rise of 14% in Oxford. The price of rooms in London fell by 7%, but in real terms, US travelers paid, on average, 18% less for a room in the capital.

Countrywide, according to the survey, US vacationers spent 21% less for a hotel room in 2009 compared to 2008. For US tourists, Edinburgh was down by 25% and Birmingham by 29%. The biggest drop was Liverpool, home of the Beatles, where the cost of a room fell a whopping 32% for US visitors.

The signs are good for the UK remaining good value for both US, European and UK vacationers through 2010. So, if you thought visiting the UK was an expensive option, it might just be time to take another look.

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UK is a Hot Deal as Hotel Prices Fall to Six Year Low originally appeared on About.com United Kingdom Travel on Friday, March 5th, 2010 at 11:15:25.

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