News & Articles - hotel price index

  • Hotels.com Hotel Price Index finds global travel industry continues to grow

    Press Release There’s no sign of a slowdown for the global travel industry, according to the latest Hotel Price Index (HPI) from Hotels.com. The prices travellers paid for overnight accommodation rose 3 per cent globally in 2018, with every regional index, except the Pacific, receiving a boost. The growth in travel comes despite uncertainty such as Brexit, the wildfires in California, drought in South Africa and earthquakes in Japan. Travellers also showed resilience and renewed confidence in destinations touched by…

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  • Hotel price hikes herald new era for travellers, finds the latest Hotel Price Index

    Canadian travellers paid more in majority of top international destinations in 2017 Hotel Price Index from Hotels.com reveals global hike in accommodation prices for the first time in three years High prices paid by Canadian travellers in the USA offset by great value in Asia Colombia surprises and jumps in popularity among Canadian travellers After three years flat, prices travellers paid for overnight accommodation rose two per cent globally in 2017, according to the latest Hotel Price Index (HPI) from Hotels.com. In a year where cryptocurrencies flooded the…

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  • Hotel Price Index reveals global prices remained steady in 2016

    Global hotel prices paid by travellers worldwide remained steady in 2016, according to latest Hotel Price Index from Hotels.com Domestic cities faced moderate movement ahead of Canada’s 150th Even with several major political shifts and currency fluctuations around the world in 2016, travellers fared pretty well with average nightly hotel prices unchanged globally from 2015, as reported in the latest Hotel Price Index (HPI) from Hotels.com. The global Index sat at 114 for 2016 for the third year. Canada, the U.S. and the Caribbean were…

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  • Hotel prices in Canada up five per cent

    For the first time, hotel prices paid in three world regions have overtaken their pre-financial crisis levels of 2008/2009. North America, the Caribbean and Latin America all set new records, although the overall global rise is up just one per cent in the first half of 2015 compared to the same period in 2014 according to the latest Hotel Price Index (HPI) from Hotels.com. More travellers, higher consumer spending in key areas and strong currency fluctuations have all contributed to…

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  • Hotel Price Index reveals Canadian hotel prices surpassed global average

    Hotel prices in Canada increased during the first half of 2014, rising five per cent compared to the same period last year according to the latest Hotels.com™ Hotel Price IndexTM (HPI™), a biannual report of hotel prices paid around the globe. This change is in line with North America’s overall five per cent increase in average hotel prices and ahead of the global average increase of four per cent. “Hotel prices in North America continue to rise with Canada topping…

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  • North American hotel prices increase by five per cent

    The Hotels.com Hotel Price Index shows Canada and U.S. ahead of the three per cent global increase which was curbed by slump in European prices The average price of a hotel room around the world rose by three per cent during 2012, compared with the previous year, according to the latest Hotels.com® Hotel Price Index™ (HPI™). The rate of increase has moderated when judged against the four per cent rise in 2011 as the Eurozone’s problems pulled down the global…

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