Cheapest places to stay based on declining hotel rates
Stretch your dollars further by booking a room in these budget-friendly destinations.Hotels.com has released its latest Hotel Price Index giving us an insight into the rising and falling rates of hotel rooms around the world and giving you the intel on where you can travel to in the near future where hotels prices are no longer inflated.
So, where should you be headed for a bang-on bargain holiday?
Locally, you want to steer clear of adventure based locations such as Exmouth and Byron Bay where prices have risen by 12% and 5% respectively between 2016 and 2017. While not quite as pricey as Sydney or Yulara, Exmouth's average hotel room now costs $213 per night with Byron Bay not far behind at $207.
Instead, consider travelling to the Whitsundays where there's been a 14% drop in hotel rates between 2016 and 2017 down to an average $222. This decline is not without reason with the likely cause being the devastation left behind by Cyclone Debbie early in 2017. Many hotels were forced to close and no doubt have pulled down their rates in order to attract tourists back into the area.
Other Australian destinations where hotel rates have dropped are Palm Cove by 8% and Lorne by 3%, suggesting Cairns and Melbourne may be the place to be this year.
Of the most popular international destinations for Aussies, Asia housed the most budget-friendly stays with the biggest decline in rates going to Da Nang in Vietnam. Serviced by Jetstar, you can get there for cheap and stay for less with prices falling by 16% between 2016 and 2017 down from $146 to $122 per night, on average.
Another heavy drop was in the Philippines where rates fell by 13% to $80 per night while Osaka also saw a notable decrease of 8% in cost down to $183 per night.
Hotel prices in New Zealand didn't fare quite as well, with only Christchurch cheapening by 2% while all other major cities rose by at least 4%.
North America's worst offender was Toronto which rose by 19%, followed by Vancouver at 14%. The biggest falls weren't very significant though, with Honolulu and Orlando decreasing by just 3%.
Europe saw just as insignificant a drop. Only London rates fell by 2% while all other popular cities saw rises between 2% (Paris) and 18% (Lisbon).
Keen to travel but also keen to keep on budget? While rooms in Asia may be cheapening, it doesn't mean there can't be a room for you elsewhere that won't break the bank. Use the search bar below to help you find the cheapest rates in your destination of choice.
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