BTN Europe presents an overview of business travel and MICE predictions for this year
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London remains the most expensive European capital city for hotel rooms despite a fall in average rates.
A study by accommodation website Hotel.info found that the average room rate in London was £134.63 in September, which was a 3.3% drop on the rate of £139.21 seen during the same month last year.
Paris (£125.44), Oslo (£124.95), Copenhagen (£123.94) and Berne (£118.35) were the next most expensive European capitals.
But the Russian capital Moscow has seen its rates tumble by more than 15% in the last year to an average of £108.64 due to the falling value of its currency following the crisis in Ukraine. Although the city is still the ninth most expensive European capital.
Hotel.info found that New York had the highest average room rates of major global cities at £186.13, although this was down by 3.7% on last year.
Elsewhere in the UK, Manchester saw room rates rise 3.8% year-on-year to £94.11, Glasgow’s prices fell 13% to £81.56 and Birmingham’s hotels charged an average of £70.72, a 10% increase on last year.
Ralf Priemer, managing director of Hotel.info, said: "In some major cities the overnight costs have risen appreciably. Early booking can help you make savings on your travel costs, especially when the time of the trip coincides with major event.”