Hotel room rates begin to decline, following five-year high consumer spend

  • UK saw a 1% decrease in average hotel prices paid per night in first half of 2015 compared to first half of 2014
  • Of the 45 destinations included in the report, 35 saw average room rates increase (even with decrease in national average)
  • Overall, St Andrews showed the highest average hotel prices paid per night, while Bradford provided best value for money

LONDON, 22 September 2015: Hotel guests staying in the UK in the first half of 2015 paid an average room rate of £104 a night, a 1% decrease on the same time period in 2014. The data released in the latest Hotels.comHotel Price Index™ (HPI™) showed that the although the national average fell, the positive influx of visitors[1] was felt across the country as prices rose in 35 of the 45 UK destinations included in the report, with overall consumer spending rising to a five year high[2].

The HPI looks at actual prices paid* per night from January – June in 2015 by all hotel guests in destinations in the UK compared to the same time period in 2014. Domestic and international visitors in London witnessed a fall of 1% for accommodation in the capital, with its average price decreasing to £135 from £137. The Isle of Wight and Coventry recorded the greatest gains of 15%, rising to £78 (from £68) and £64 (from £55) respectively.

Scotland continued its strong performance by claiming the top spot overall in the price chart with St Andrews reporting average paid per night at £153, even after falling 5% from £161. Edinburgh, reported a decrease of 2%, featured in the top ten destinations on the price table with the highest average prices paid per night (£105 down from £107). Aberdeen witnessed the largest decrease, with room rates falling 18% to an average paid per night of £97 (from £118), followed by Dundee seeing rates decrease by 8% to £83 (from £90) per night. In Wales, both Cardiff and Swansea saw their average prices paid increase, with the Capital rising 14% to £87 and Swansea up 9% to £79 per night. In Northern Ireland, Belfast prices paid grew 12% to £90 per night while Derry/Londonderry increased by 1% to an average paid of £70 per night.

At the other end of the scale, prices paid in Bradford continued to be great value with average prices paid in the first half of 2015 sitting at £54, even after a 10% increase from the average in the first half of 2014, and still less than half the national average (£104). Blackpool and Scarborough offered the second and third best value for money with average prices paid of £60 and £62 per night respectively (even after Scarborough saw a 4% increase)

Price decreases were registered in only seven UK destinations included in the report and remained flat in three, however with the current Rugby World Cup captivating domestic and international travellers, the 12 host cities could be set to see average room rates increase throughout the second half of the year.

Average price paid per room per night in the first half (H1) of 2015 compared to the same time period in 2014 across the UK by all travellers (domestic and international):

Top 10 destinations where travellers paid the most

Destination H1 2015 H1 2014 % change
St Andrews £153 £161 -5%
London £135 £137 -1%
Oxford £127 £126 1%
Bath £124 £119 4%
Windsor £114 £115 -1%
Cambridge £114 £111 3%
Guernsey £109 £115 -6%
Jersey £106 £99 7%
Edinburgh £105 £107 -2%
Stratford Upon Avon £103 £95 9%

Top five highest percentage prices increases

Destination H1 2015 H1 2014 % change
Coventry £64 £55 15%
Isle of Wight £78 £68 15%
Nottingham £71 £62 14%
Cardiff £87 £76 14%
Belfast £90 £81 12%

Top five greatest percentage decreases

Destination H1 2015 H1 2014 % change
Aberdeen £97 £118 -18%
Dundee £83 £90 -8%
Guernsey £109 £115 -6%
St Andrews £153 £161 -5%
Edinburgh £105 £107 -2%

Please visit www.hotel-price-index.com for more information and to view reports in additional currencies.

*Average prices paid per night inclusive of taxes and fees.

About Hotels.com

Hotels.com L.P. operates Hotels.com, a leading online accommodation booking website with hundreds of thousands of properties ranging from international chains and all-inclusive resorts to local favorites and bed & breakfasts, together with all the information needed to book the perfect stay.

© 2015 Hotels.com, LP. Hotels.com, The Obvious Choice, Hotel Price Index, HPI, Hotels.com Rewards and the Hotels.com logo are either registered trademarks or trademarks of Hotels.com, LP in the U.S. and/or other countries. All other trademarks are property of their respective owners.

 

You can also follow us on:

 

Facebook: http://www.facebook.com/Hotels.comEurope

Youtube: https://www.youtube.com/user/HotelsEU

Twitter: https://twitter.com/HotelsdotcomEU

Pinterest: https://www.pinterest.com/hotelsdotcom/

Instagram: https://instagram.com/hotelsdotcom/

Google+: https://plus.google.com/+hotelscom/

LinkedIn: www.linkedin.com/company/2757

 

Media contacts:

 

Doug McPherson, Megan Hogg, Jonathan Yates

Tel: 0207 693 6999

E-mail: hotels.com@frankpr.it

Emily Zazado

Tel: 469.335.1131

E-mail: v-emzazado@hotels.com

Please note that the content of this news release is accurate at the time of publication but may be subject to change without notice.

[1] https://www.visitbritain.org/latest-monthly-data

[2] http://www.cityam.com/220009/uk-consumer-spending-hits-five-year-high