Southeast Asian hotels popular with Aussie globetrotters in first half of the year as the Australian dollar slides

  • Significant declines in prices paid for hotel rooms in Southeast Asia provided welcome relief for Aussie travellers during the first half of 2015
  • Global hotel prices paid by travellers worldwide rose by just 1 per cent during the first six months of 2015, according to latest Hotel Price Index from Hotels.com
  • Prices paid for Australian hotel room nights rose on average by only 2 per cent in the first six months of the year, meaning home provided better value again

SYDNEY – 2nd September 2015: The latest Hotel Price Index™ (HPI™) from Hotels.com™ has revealed that Southeast Asia trumped all other regions in the affordability stakes for globetrotting Aussie travellers, with the average prices paid* for hotel rooms there providing the best bang for their buck in the first six months of 2015, compared with the same period in 2014.

Aussie favourites like Vietnam, Thailand, Malaysia, the Philippines and Sri Lanka all reported significant falls in the hotel prices paid by Australian travellers in the first half of 2015, while the price of a bed paid in Australia increased only slightly, according to the latest HPI.

The HPI is a regular report on hotel prices in major destinations across the world, tracking the movement in prices that people actually paid for their accommodation and providing valuable insight into the reasons behind these changes. The data is drawn from bookings made on the hundreds of thousands of hotels on the Hotels.com websites worldwide.

The latest Hotels.com HPI revealed that the Southeast Asian cities of Phnom Penh ($71), Chiang Mai ($73), Hanoi ($76), Pattaya ($76) and Siem Reap ($78) took out the top five cities in the world among those analysed where Australians paid the least on average for a night in a hotel room.

Conversely, prices paid in major north Asian cities in China, Japan and India surged considerably, making up eight of the top twelve destinations that experienced the greatest increase in hotel prices paid per night.

Commenting on the latest HPI data, Katherine Cole, Regional Director, Australia, New Zealand & Singapore for the Hotels.com brand, said: “Southeast Asian hotspots, which have a huge variety of hotels, topped the most-affordable travel list for Aussies in the first half of this year.”

“We expect Southeast Asia to continue to feature highly in Aussies’ holiday plans as the dollar continues to travel south,” Ms Cole said.

New York held its position as the city where Australian travellers paid the most for a hotel room, at an average of $332 per night. This was followed closely by Cancun, with the average price paid for a hotel room increasing 13 per cent to $331 per night. Boston came in third place, rising 16 per cent in the price paid, setting Aussies back $328 per night.

In Europe, hotel prices paid also dropped for Aussie travellers in the first half of 2015, meaning guests received better value for hotels in that part of the world than a year ago. Moscow saw the biggest fall in the HPI, with a 41 per cent decrease to $149 per night, followed by Istanbul which fell 10 per cent to $154. Prices paid in Berlin and Nice fell by 8 per cent to $147 and $223 per night respectively.

Meanwhile, back Down Under, Aussies were discovering that home provided great value. Prices paid for hotels here rose on average by only two per cent in the first six months of 2015. Prices paid for hotels in Sydney rose by 4 per cent to $208 per night and Melbourne by 5 per cent to $177, while Port Douglas showed the highest percentage rise, with prices paid increasing on average by 14 per cent to $200 per night. Darwin saw the greatest drop in hotel prices, with the average price paid falling 20 per cent to $170 per night.

Ms Cole said: “With the weakening dollar, our currency isn’t going as far in some parts of the world as it was a year ago. For the best value holiday, Aussies could consider looking much closer to home, and even right in our backyard for the best bang for their buck.”

“With the widest range of hotel choices, competitive deals and leading-edge technology, Hotels.com is the ideal place to bag a bargain for a holiday this year,” she said.

From a global perspective, for the first time, hotel prices paid in three world regions have overtaken their pre-financial crisis levels of 2008/2009, with North America, the Caribbean and Latin America setting new records, although the overall global rise is up just 1% in the first half of 2015 compared to the same period in 2014. More travellers[1], higher consumer spending in key areas and strong currency fluctuations have all contributed to this result.

A snapshot of hotel prices paid in the first six months (H1) of 2015:

Top 10 cities where Australian travellers paid the least for hotel rooms in H1 2015:

Rank Destination H1 2015 H1 2014 % change
1 Phnom Penh $71 $71 0%
2 Chiang Mai $73 $79 -8%
3 Hanoi $76 $68 11%
4 Pattaya $76 $70 9%
5 Siem Reap $78 $72 9%
6 Manila $87 $84 3%
7 Cebu $89 $74 19%
8 Ho Chi Minh $94 $86 10%
9 Hoi An $96 $89 8%
10 Patong $96 $98 -2%

Top five international destinations where Australian travellers paid the most for hotels in H1 2015:

Destination H1 2015 H1 2014 % change
New York $332 $316 5%
Cancun $331 $294 13%
Boston $328 $282 16%
Honolulu $299 $277 8%
San Francisco $289 $253 14%

International destinations where hotel prices paid increased the most for Aussie travellers in H1 2015:

Destination H1 2015 H1 2014 % change
Beijing $173 $129 34%
Orlando $172 $136 27%
Bangkok $107 $87 23%
Shanghai $177 $144 23%
Koh Samui $174 $142 22%
Abu Dhabi $192 $159 21%
Delhi $146 $121 20%
Los Angeles $268 $223 20%
Cebu $89 $74 19%
Queenstown $232 $196 18%
Osaka $161 $137 18%
Guangzhou $160 $136 18%

Australian hotel prices paid by international and domestic travellers in H1 2015:

Destination H1 2015 H1 2014 % change
Whitsunday Islands $244 $234 4%
Sydney $208 $199 4%
Port Douglas $200 $176 14%
Sunshine Coast $193 $183 5%
Canberra $188 $189 -1%
Perth $188 $193 -3%
Byron Bay $183 $182 1%
Scarborough $179 $187 -4%
Melbourne $177 $168 5%
Gold Coast $177 $171 3%
Newcastle $176 $166 6%
Hobart $172 $170 1%
Darwin $170 $212 -20%
Blue Mountains $170 $178 -4%
Brisbane $168 $169 -1%
Hunter Valley $168 $169 -1%
Adelaide $156 $152 3%
Cairns $150 $144 4%
Launceston $133 $141 -6%

*Average price paid inclusive of taxes and fees

 

[1]http://media.unwto.org/press-release/2015-07-08/international-tourist-arrivals-4-first-four-months-2015