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1. Higher Global Hotel Prices for Fifth Year in a Row; Singapore Rates Down 9%
According to the latest Hotels.com Hotel Price Index (HPI), the average price paid for a hotel room around the world rose by 3% in 2014 when compared with 2013. Hotel prices have now experienced five years of steady price rises since they plummeted during the financial collapse of 2008/9. The global HPI stood at 113 at the end of 2014, 13 points higher than at its launch in 2004 an
2. Hotel Prices in Asia Drop; Singapore Most Expensive in AP
According to the latest Hotels.com Hotel Price Index, global hotel prices increased by 4% on average in 2011 over 2010, continuing the process of steady recovery from the lows of 2008, albeit at a distinct walking pace. Prices fell 2% in Asia year-on-year but rose in all other areas, including 8% in the Pacific, 5% in North America, 4% in Latin America, 3% in the Caribbean and 2% i
3. Hotel Prices in London Drop Slightly Ahead of Olympic Games
With just over a month to go until the world’s top athletes descend upon London to compete for gold, the latest figures from Hotels.com show that travellers planning to visit London to watch the games, but who have yet to book accommodation, are better placed to find value for money, than they were two months ago.
4. Singapore Hotels the Most Expensive in Asia
Singapore Hotels the Most Expensive in Asia. Singaporeans paid an average of Sin$244 for a hotel room night in their own country in 2010, representing a 29% increase over 2009, according to the latest Hotels.com Hotel Price Index. This makes Singapore the destination with the highest percentage jump for hotel prices last year, when compared to other countries around the world.
5. Eurozone Crisis Slows Rise in Global Hotel Prices
The Caribbean saw a 6% rise, North America had one of its best results in recent years growing at 5% and the Pacific gained 4%, all outpacing the global figure. Asia added 2% and Latin America 1% while the Europe and Middle East region registered a slight fall.
6. HRG Global Hotel Market Survey Shows Asia Pacific Posting Strong Growth
HRG Global Hotel Market Survey Shows Asia Pacific Posting Strong Growth. The Hogg Robinson Group (HRG), a corporate travel services company, has released its 2010 Global Hotel Market Survey. The data, which covers the entire year of 2010, shows that much of the increase in hotel rates occurred in the Asia Pacific - an indicator that the region may have fully recovered from the glob
7. Global Hotels Rates Rise in H1 2012
For the first time in five years, travellers paid more on average for their hotel rooms during the first six months of 2012 in all parts of the world, according to the latest Hotels.com Hotel Price Index. The global 4% rise, compared to the same period the year before, suggests that the economic recovery in the hotel industry was well-established.
8. CWT and GBTA Release 2015 Global Travel Price Outlook
Carlson Wagonlit Travel (CWT) has released a new joint 2015 Global Travel Price Outlook report with the GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA). The report gives an early indication of what businesses can expect in 2015, helping them plan ahead during the upcoming budgeting period.

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