THE LATEST FIGURES for hotel prices show they rose 15% in the first half of 2015, bringing the average room rate up to €116 per night.
The hotel price index by Hotels.com shows Dublin is the most expensive destination where travellers paid an average of €128 per night. That’s a 19% increase compared to the first half of 2014.
Prices in Sligo are up 18% and the average room rates in Belfast also rose a whopping 25%. The sharp rises in Belfast and Derry can be attributed to the strength of the pound versus the euro in the first six months of the year.
This chart shows the price changes in the areas with the highest number of hotels:
Globally, hotel prices rose just 1% in the first half of the year. However prices paid in three world regions have now overtaken their pre-recession levels with North America, the Caribbean and Latin America setting new records.
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