Hotel prices fall in London but rise in Edinburgh

Economy Posted on 16/08/2012

Now that the London Olympic Games are over, the English capital's extortionate hotel prices have seen such a large drop, that rates are now lower in London than in Edinburgh. According to the trivago Hotel Price Index (tHPI), the average London hotel price has seen a 35 per cent drop following the Olympics, meaning that one can now expect to pay £130 on average per night instead of £201 on average per night during the Olympic period.

On the downside, travellers planning on heading to Edinburgh for the popular Edinburgh Fringe Festival, which began on 3 August, should expect to pay an average of £177 on average per night, which is 46 per cent rise compared to prices a month ago, when a night at a hotel would have cost approximately £121, making the Scottish capital around £47 more expensive than London.

However, Edinburgh isn't the only capital to experience inflated hotel prices. Rates in Stockholm, Oslo and Copenhagen have seen a significant increase compared to last month. Hotels in these destinations are now amongst the most expensive in Europe: one night in Stockholm will cost an average of £141 per night, reports Travelbite.

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