About the Hotels.com® Hotel Price Index™ (HPI®)
The Hotels.com® Hotel Price Index™ (HPI®) is a regular report on hotel prices in major destinations across the world. The HPI is based on bookings made on Hotels.com sites and prices shown are those actually paid by customers per room per night, including taxes and fees, rather than advertised rates.
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.
Key HPI® Data
The first section (Chapter 1) reveals the movement in the Hotel Price Index on a global and regional basis since 2004. The Index is compiled from all relevant transactions on Hotels.com during this period, weighted to reflect the size of each market. By representing hotel price changes in an index, Hotels.com can illustrate the actual price movements as paid by consumers, without foreign exchange fluctuations distorting the picture.
The second section (Chapters 2-7) shows hotel prices across the world per room per night as paid by travelers from the U.S. in 2014 compared with 2013. This shows the changes in real prices paid by U.S. consumers, reflecting both movements in exchange rates and hotel pricing. In Chapter 4, figures are compiled from global bookings to the U.S in all currencies. Prices throughout are rounded to the nearest U.S. Dollar and percentage figures to the nearest percentage point.
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