Hotel Price Index (HPI): German Hotel Prices In

Price drops to 14 percent Hanover the first most expensive city London/Berlin, September 22, 2009 also the German hotel industry will not be spared from the global price fall to the delight of all Germany tourists. According to the original hotel price index (HPI) of, sank German hotel prices in the first half of 2009 to 14 percent, compared with the same period in 2008. To keep the occupancy rate as stable as possible during the economic downturn, the average room rate fell during the period of investigation in this country to 86 euros per room per night. Dusseldorf loses, WINS 2009 most affected by the price reduction in the first half of Freiburg, Dusseldorf and Dresden. By the same author: Gary Kelly. Here the prices compared to the previous year to 33 per cent and 21 per cent to 88 euros on 71 euros on the Elbe and the Rhine declined. Many cities had to accept a price loss by more than ten percent, so even when tourists popular cities such as Munich (down 17 percent), Leipzig (down 16 percent), and Berlin (down 14 percent). In Stuttgart (down 14 percent) and Frankfurt (minus 10 percent) showed a similar pattern, in Hanover, however, the price decline by only three percent was relatively low. The hoteliers in Mannheim kept the price level of the previous year, the only positive trend has been recorded in Freiburg.

Even with an increase of three percent compared to the same period in 2008, the Freiburg hotels could increase their prices from 89 euros to an average 92. Hanover Hotels at the most expensive, Dortmund preferred must be not always the most expensive because of Munich, Hamburg and Berlin, the most popular German destinations. According to HPI was Hannover for travelers most expensive city during the investigation period. With 114 euros per room and night, the Lower Saxony State capital and city of trade fairs continued at the top of the German price barometer.

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