Business Irish

Friday 15 December 2017

Hotel rates fall back nationally, except for travelling GAA football supporters

High profile events such as the Rose of Tralee didn’t have an impact on room rates, according to the Trivago survey
High profile events such as the Rose of Tralee didn’t have an impact on room rates, according to the Trivago survey
Michael Cogley

Michael Cogley

Hotel prices have fallen in all of the country's 15 most popular destinations except Dublin, according to a new European survey.

According to the Trivago Hotel Price Index (THPI), the average hotel price in Dublin will rise to €174 from €168 in August, an increase of 3.6pc.

The hotel-comparison website put the rise in Dublin prices down to a number of variables, including high profile GAA games.

Dublin hotel rates will be 61pc above the monthly average on September 19, the night before the All-Ireland football final.

However, David Linnott of Trivago said that hotel prices are falling in other areas that are hosting popular events.

"Average hotel prices have fallen significantly across Ireland this month, despite several popular events taking place.

"This news will be welcomed by many after price hikes coinciding with the Galway Races, the Donegal Rally and the Rose of Tralee festival were largely criticised," Mr Linnott said.

"However, prices for a standard hotel room the night before the Gaelic Football Final have risen sharply to €281 - an average rarely seen in Ireland and up 79pc on last year, which some may view as extreme," he said.

According to the THPI, hotel prices are down 14pc when compared to August. Sligo saw the biggest decline in prices with a fall of 22pc, bringing its average hotel price down to €100. Elsewhere in the country, Galway, Killarney, Dingle and Kinsale also saw significant price reductions.

Galway prices fell by 20pc to €111, Killarney prices fell by 20pc to €132, while Dingle and Kinsale both dropped by 20pc to €99 and €113 respectively.

In the UK, the Rugby World Cup starts on September 18.

As a result host cities have seen rises ranging from 3pc to 33pc.

London is the most expensive destination for September as average hotel prices in the British capital have risen to €259.

The average price of hotels in September across Europe, according to the THPI, is €150 with Monaco being listed as the most expensive destination for the month. Trivago say that the average price of a night's stay in the tiny principality for September is €369, over €200 dearer than the EU average.

Monaco was followed up by Venice in second place, where the nightly rate is €294.

Elsewhere in Europe there was a significant rise in hotel prices in Munich in the run-up to its annual 16-day beer festival, Oktoberfest, which begins on September 19.

The THPI shows the average overnight accommodation prices for the most popular European cities on Trivago.

Trivago store over a million daily hotel search queries, and over a billion hotel offers and it uses this data to create its prospective overview of prices.

Irish Independent

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business