Review of global hotel prices: January - December 2012
The Hotels.com Hotel Price IndexTM (HPI®) is a regular survey of hotel prices in major destinations across the world. The HPI is based on bookings made on Hotels.com and prices shown are those actually paid by customers per room night, rather than advertised rates.
Now in its ninth year, the HPI is respected as the definitive report on hotel prices paid around the world and is increasingly used as a reference tool by the media, hoteliers, financial analysts, investors, tourism bodies and academics.
The HPI tracks the real prices paid per room by Hotels.com customers around the world, using a weighted average based on the number of rooms sold in each of the markets in which Hotels.com operates.
The international scale of Hotels.com, in terms of the number of customers, properties and destinations covered, makes the Hotel Price Index one of the most comprehensive benchmarks available, as it incorporates both chain and independent hotels, as well as options such as self-catering and bed & breakfast properties.
This edition looks at the full year 2012, comparing the results with 2011. More than 155,000 properties around the world made up the sample set of hotels from which prices were taken.
For a video interview of David Roche of Hotels.com, explaining the global issues in more detail, please visit: http://youtu.be/vjcVKiE1D0U
To view the full UK HPI report and to download a copy, click the link below: