London remained the most expensive city for hotel accommodations in the United Kingdom, with an average nightly rate of *** British pounds in 2024. This figure stood in stark contrast to Milton Keynes, where travelers found rooms for less than half that price at ** British pounds per night. How expensive is accommodation in the United Kingdom? While London was highest on the list for hotel room prices, it did not command the highest average nightly Airbnb rates in the United Kingdom. Edinburgh topped the list with an average price of *** British pounds per night, significantly higher than London's *** British pounds. Interestingly, even smaller UK cities like St Andrews showed competitive nightly hotel rates among selected small cities in the United Kingdom, reaching *** British pounds per night in April 2024. Occupancy rates and accommodation preferences Despite high prices in some areas, the UK’s hotel industry in the country has thrived in recent years. In May 2024, the monthly hotel occupancy rate in the United Kingdom reached ** percent, surpassing levels seen in the previous four years. Edinburgh, the second most expensive city for hotels, saw ** percent of its visitors choosing hotels, motels, or inns as their preferred accommodation type in Edinburgh in 2023. The Scottish capital's popularity was further evidenced by comparing the annual average room occupancy rate of hotels in Scotland, with its region's nearly ** percent in 2024, outperforming even Greater Glasgow's robust ** percent

The average daily rate (ADR) of the United States hotel industry was ****** U.S. dollars in 2022, reflecting an increase over the previous year. The decline in ADR in both 2020 and 2021 can be attributed to the disruptions in travel and stay-at-home restrictions implemented due to the coronavirus (COVID-19) pandemic. What is average daily rate (ADR)? Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within the U.S. Other useful KPI’s that are used in the lodging industry are the occupancy rate and revenue per available room (RevPAR).

As a result of the coronavirus (COVID-19) pandemic the hotel industry has taken a hit in 2020. In May 2020, the average daily rate (ADR) of hotels in Europe was ***** U.S. dollars. Daily hotel prices were lowest in the Asia Pacific region during the same month.

Hotel rate changes worldwide

In each region, corporate average daily hotel rates are forecast to increase by 2020. Asia’s rates are predicted to be higher than the global average, increasing by about ***** percent. Latin America should see a smaller rise of about *** percent, due to the more modest growth in demand within this region. However, these rates were forecast prior to the coronavirus (COVID-19) pandemic therefore will be subject to change.

Hotel occupancy rate

Average daily rates in the hotel industry tend to change throughout the year as they are closely linked to hotel occupancy rates. Specific regions are visited more frequently during certain times of year. For instance, hotel rooms in the Americas were rented more frequently during the summer months, compared to the colder winter months in 2019.

According to a travel budgeting website, Iceland had the highest price of hotels among Nordic countries as of December 2024. At that time, the average hotel price in the Northernmost European country was at around 450 U.S. dollars for three nights.

The average price of accommodation in hotels and similar lodging establishments in the Brazilian City of Rio de Janeiro in amounted to 117 U.S. dollars in February 2024. The average price of hotel rooms reached the highest peak of the previous year in January, at 115 U.S. dollars.

The graph depicts the average price of a hotel room in 2010 and 2011* around the world. In Europe, the average cost for a hotel room was 167.76 U.S. dollars.The Hotel Price Index (HPI) is based on bookings made on hotels.com. The prices shown are those actually paid by the customer. The sample set are about 110,000 properties in more than 18,000 global locations.

Average hotel room prices - additional information

In both 2010 and 2011, the Caribbean was the most expensive region in the world to for hotel stays, with an average hotel room price of 207.11 U.S. dollars in 2011. The Caribbean, located to the south east of North America and the Gulf of Mexico, includes many popular vacation destinations such as the Bahamas, Cuba, Barbados and the Dominican Republic. The region is well-known for its natural beauty and luxury resorts. In 2013, Soufriere, St. Lucia, was one of the most expensive destinations for U.S. travelers in terms of hotel costs, second only to Bora Bora in French Polynesia, where the average daily rate for a hotel was 770 U.S. dollars. Despite the cost, Caribbean cruises were the most popular vacations in the U.S. according to travel company Travel Leaders Group.

A close neighbour of the Caribbean, North America saw the lowest average hotel price in 2010 and 2011. While low in comparison to other regions, the average daily rate of hotels in the U.S. has risen year-on-year since the global recession of 2009 and, in 2013, the U.S. hotel industry generated 163 billion U.S. dollars in revenue. The United States also has some expensive destinations of its own: the most expensive U.S. city for hotel rates in 2013 was Honolulu, Hawaii, with an average daily rate of 230 U.S. dollars. New York ranked second at 211 U.S. dollars a night.

As well as being the region with the second highest average hotel price, hotels in Europe also charge the most for room service. Six out of ten of the most expensive cities in the world for hotel room service were located in Europe in 2014. Helsinki in Finland was the most expensive at just under 90 U.S. dollars.

The average price of accommodation in hotels and similar lodging establishments in Mexico City in amounted to 110 U.S. dollars in February 2024. The average price of hotel rooms reached the highest peak of the previous year in October, at 119 U.S. dollars.

The average daily rate (ADR) represents the average rental income earned for an occupied room per day. In 2022, the ADR of the United States hotel industry was forecast to reach *** U.S. dollars. By 2024, that figure was forecast to increase to *** U.S. dollars.

A night at a five-star hotel in Costa Rica cost *** U.S. dollars on average between January and July 2022. By contrast, the average price for a night at the lowest categories of hotels in the Central American country only accounted for around **** percent of the fee recorded by 5-star establishments.

The average price of accommodation in hotels and similar lodging establishments in Santiago, Chile amounted to ** U.S. dollars in February 2024. The average price of hotel rooms reached the highest peak of the previous year in October, at *** U.S. dollars.

The average daily rate (ADR) of hotels in the United States was ***** U.S. dollars as of November 2020. Due to the impact of the coronavirus pandemic in the hotel industry, this figure dropped to about **** percent when compared to last year's figure.

What is average daily rate?

Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within the U.S. Other useful KPI’s in the lodging industry are the  occupancy rate and revenue per available room (RevPAR).

Monthly ADR trends

Patterns are quite easy to discern in the monthly ADR of U.S. hotels. It often peaks annually in October and shows a dip in January. This dip could be due to lower spending from consumers after the expensive winter holiday season. Additionally, U.S. hotel ADR rates have shown annual growth month-to-month since 2011.

Rome had the highest average daily rate (ADR) of the leading European city destinations in 2024, with an ADR of almost *** Euros. In second place, London had an ADR of roughly *** euros.

In 2022, hotel rooms were most expensive in Munich. That year, a hotel room cost around *** euros on average. Other expensive cities included Berlin and Frankfurt. In both cities, hotel rooms on average cost over 100 euros per night. Prices increased in every city compared to 2021.

As of October 2024, the city with the most expensive hotel rate in the United States was Boston. Visitors to the East Coast city could expect to pay 320 U.S. dollars for a doube room during that period. Meanwhile, New York ranked third with an average rate of 284 U.S. dollars.

The average price per nights guests had to pay for *****, four- and five-star hotels in the Netherlands amounted to *** euros in 2017, which is an increase compared to the previous year. Furthermore, it was forecasted that this will grow to an average price of *** euros per night in 2018.

Average daily hotel rates highest in Southern Europe

The average daily rates of hotels in Europe differs according to the area. In 2018, hotels in Eastern Europe had an average price of approximately ** euros per night, whereas in Southern Europe hotel guests had to pay a daily rate of roughly *** euros. Western Europe, in which the Netherlands is located, had an average hotel rate of ****** euros. When observing the forecast of hotel prices in leading city destinations for 2019, Geneva (Switzerland) and Paris (France) led the ranking with average daily hotel rates of ***** and *** euros respectively. Amsterdam, capital city of the Netherlands, ranked sixth. It was forecast that hotel guests had to pay an average rate of approximately *** euros in the so-called ‘’Venice of the North’’.

Amsterdam received most revenue per available hotel room

To measure the performance of hotels, revenue per available room (RevPAR) is the metric used. It is calculated by the hotel’s average daily room rate by its occupancy. Looking at the RevPAR of hotels in major cities in the Netherlands, Amsterdam had a revenue of approximately *** euros per available room. Maastricht, capital city of Limburg, had a revenue of ** euros per room, whereas Utrecht registered a slightly lower RevPAR of ***** euros. .

The average price of accommodation in hotels and similar lodging establishments in Lima, Peru in amounted to 74 U.S. dollars in February 2024. The average price of hotel rooms reached the highest peak of the previous year in January, at 83 U.S. dollars.

This statistic shows annual growth in average global hotel rates from 2010 to 2018. Global hotel rates were forecasted to increase by 3.7 percent in 2018.

The average daily rate of the hotel industry in the Americas reached around 123.37 U.S. dollars in 2016.

The average price of accommodation in hotels and similar lodging establishments in Madrid amounted to 169 euros in February 2024. The average price of hotel rooms reached the highest peak of the previous year in October, at 236 euros.

When surveyed in July 2023, respondents from the United Kingdom stated how much they spent per night in selected large hotel chains. Out of the chains represented, Sofitel was on average the most expensive large hotel chain per night in the UK, at *** British pounds. Meanwhile, the cheapest chain in the survey was Ibis Budget, with an average cost per night of ** British pounds.

The average price of hotel rooms in Buenos Aires, Argentina reached the highest peak of 2023 in November, at over 150 U.S. dollars. In the first two months of the following year, the hotel prices in the South American country stood at around 134 and 109 dollars, respectively.