October Hotels.com-Relaxnews Price Barometer shows rates in free fall

(Relaxnews)

A night in a hotel on the world's leading destinations is less than 14 percent from last month and down by nearly 22 percent from October 2008.

Dubai and Rio de Janiero are the only cities to increase their hotel prices since last month, at 10 and 3 percent respectively. Compared with October 2008 every city's average hotel price has fallen by double digit percentages except Marseilles, along the Mediterranean Sea in France, which is still down 8 percent.

The Hotels.com-Relaxnews Hotel Price Barometer is based on the monthly average rates of several thousand hotels in 30 of the world's most important tourist destinations.

All prices include taxes and are based on estimations of average nightly rates established by hotel search engine Hotels.com, which gathers information on over 99,000 hotels worldwide.

Hotels.com - Relaxnews Hotel Price Barometer

Destination Average Price per Night in October 2009 (€) % Change from September 2009 % Change from October 2008
Amsterdam 87 -19 -28
Bangkok 55 -13 -29
Barcelona 91 -15 -23
Berlin 68 -23 -22
Bruxelles 84 -20 -23
Cannes 63 -51 -25
Copenhagen 99 -13 -22
Dubai 154 +10 -30
Dublin 64 -15 -28
Helsinki 81 -16 -29
Lisbon 75 -13 -26
London 104 -9 -23
Lyon 82 -3 -10
Madrid 74 -17 -30
Marseille 73 -17 -8
New York City 154 -18 -29
Nice 62 -32 -26
Oslo 99 -17 -27
Paris 105 -16 -20
Prague 58 -13 -31
Rio de Janeiro 120 +3 -17
Rome 89 -22 -27
San Francisco 93 -13 -17
Shanghai 60 -18 -31
Stockholm 93 -18 -24
Tokyo 103 -2 -25
Venice 122 -19 -17
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