Global hotel prices on the rise: Hotel Price Index report
Hotels.com has launched the latest Hotel Price Index (HPI) report, a regular report on hotel prices in major destinations around the world. The current HPI report draws a comparison between hotel room rates in 2013 and 2012. The average price of a hotel room around the world rose three per cent during 2013, according to the latest Hotels.com Hotel Price Index (HPI). This means there have now been four years of steady rises in hotel prices since the substantial falls during the financial collapse of 2008/9. The average price of a hotel room around the world rose by three per cent during 2013, when compared with 2012.