The second section (Chapters 2-6) shows hotel prices across the world per room per night as paid by travelers from the U. Welcome to our latest Hotel Price Index (HPI) which takes a comprehensive look at what happened to prices paid by hotel guests around the world during 2013.
“Travel and change of place impart new vigour to the mind,” said the Roman philosopher Seneca and it seems that many people are still taking his words to heart nearly two thousand years later.
The Caribbean was also not far away from achieving this as its 5% rise meant reached par to its 2007 level. One out of every eight jobs in the USA depends on travel so continued hospitality strength is welcome news for the economy.
The economic recovery in Europe seems to be gathering greater momentum.
The travel industry naturally does its best to encourage both trades.
The Index is compiled from all relevant transactions on during this period, weighted to reflect the size of each market. The final chapter focuses on some additional travel facts identified by
By representing hotel price movements in an index, can illustrate the actual price movements as paid by consumers, without foreign exchange fluctuations distorting the picture. Chapters 3 and 5 cover the most popular international cities for American travelers and the most popular U. Reports are also available in other currencies and languages. Follow the discussions on Twitter @hotelsdotcom with #Hotel Experts.
Egypt had begun the year well with the Egyptian Tourism Ministry announcing a 10% rise in visitors during the first half of the year.
However, since the President was deposed in July, demonstrations have continued with television footage beamed around the world.