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Hotels in European cities slash room tariffs after terror attacks

Hotels in many cities across western Europe slashed their room tariffs as tourist footfalls fell after terror attacks last year, a travel portal has said.

business Updated: May 17, 2016 15:41 IST
Soubhik Mitra
European hotels
A report said the average per night tariff for a room in Paris fell from Rs. 13,068 in 2014 to Rs. 10993 in 2015, a drop of 16%. While Brussels (16%), Istanbul (15%) saw similar price cuts, Berlin recorded the highest fall of 27%.(Reuters File Photo)

Hotels in many cities across western Europe slashed their room tariffs as tourist footfalls fell after terror attacks last year, a travel portal has said.

Hotels.com’s Hotels Price Index report, an annual comparison of actual expenditure made by travellers on room tariff, showed hotels in tourism hubs such as Paris and Istanbul recorded a double-digit fall in 2015 over the previous year.

The report said the average per night tariff for a room in Paris fell from Rs. 13,068 in 2014 to Rs. 10993 in 2015, a drop of 16%. While Brussels (16%), Istanbul (15%) saw similar price cuts, Berlin recorded the highest fall of 27%.

From an average per night room tariff of Rs. 9,440 in 2014, the rates fell to Rs. 6,873 last year – closer to the price tourists pay at cheaper southeast Asian destinations such as Thailand during peak season.

Other European destinations such as Amsterdam and Zurich also registered a marginal drop in hotel prices, the report added.

“While Paris, Brussels and Istanbul had lowered hotel room prices in the past the year due to various political reasons, Berlin witnessed a spectacular drop of 27%. One of the key reasons for this was a multiplier effect on account of the terror attacks and political unrest in neighbouring countries thereby impacting tourism,” Amit Agarwal, Hotels.com’s senior marketing manager (India and southeast Asia), said.

Agarwal added that several Indians planned European vacations last year owing to the strengthening Indian rupee against the Euro.

Other travel experts agreed since Indians travelling to expensive cities in Europe spend the most on hotel tariffs from their holiday budget.

“Since stay accounts for the biggest component for a European holiday, the price revision could have wooed more travellers particularly the leisure segment vacationing with family,” a member of a travel agents’ association, who did not wish to be named, said.

The report, however, showed stay in the United States became expensive in 2015 as compared to 2014.

Barring New York, which saw a negligible 1% difference in price, there was a jump in hotel rents in all prominent American cities. Orlando, which has a Disneyland theme park, saw an 18% and San Fransisco saw a 16% rise in hotel tariffs.