Rates charged by European hotels dropped 16% during November, according to travel site Trivago. The Trivago Hotel Price Index (tHPI) records price inquiries across the continent, and reckons rates are down 9% on the same month in 2009.
Even London is suffering, says Trivago, with prices down 6% to an average £133 per night. The worst performing UK locations, Blackpool and Bristol, have seen 25% month on month rate falls.
Read the full story here: http://www.trivago.co.uk/hotelprices