London most expensive European city to stay in

01 May 2014 by
London most expensive European city to stay in

London is the most expensive European city to stay in, according to new research.

Average room rates in the UK capital have reached nearly £116, more than Zurich and Moscow, which both have an average rate of £111 per bedroom (135 euros), said a report from the HRS, the Hotel Solutions Provider.

London's average rate climbed by 13% this year compared to the first quarter of 2013. The city was closely followed by Edinburgh, with an average of £89 and increase of almost 12%. Dublin's rooms increased by 14%, with an average room rate of £77.

At the other end of the scale, Liverpool's average rate was at £69 per night, a decrease in nearly 5% compared to 2013. This makes it the cheapest city in a list that also includes Cardiff (£82), Glasgow (£70), Bristol (£85), Leeds (£79) and Manchester (£83).

Europe-wise, Moscow and Zurich's rate dropped by 7% and 2% respectively, but Budapest's hotel rooms are the most inexpensive, with rates at just 66 euros (£54). Other cities included were Athens (81 euros, £66), Milan (108 euros, £88) and Warsaw (76 euros, £62).

Worldwide, Sydney was the most expensive (£143) followed by New York (£126) and Los Angeles (£123).

The results from this study come in light of another recent report from STR Global, which said demand for London hotel rooms was staying ahead of supply.

London hotels records strong occupancy and room rates in October >>

Demand for London hotels stays ahead of supply >>

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