Americans can expect to pay about 20 percent less on hotels in Europe says TripAdvisor

TripAdvisor®, the world’s largest travel site*, today announced the results of its TripIndex™ Europe, revealing that travel expenses for popular European destinations have decreased an average of 11 percent year-over-year, with travelers able to save as much as 25 percent on their summer trips. As the U.S. dollar is currently strong against many foreign currencies, the TripIndex helps U.S. travelers identify which spots offer the best value by comparing the price of a one-week trip to 25 European cities during the travel period of June 1 – August 31, 2015. The TripIndex evaluates primary travel expenses, including a seven-night hotel stay and the average round-trip airfare from the continental U.S., and reveals the year-over-year changes in these prices.

“According to a recent TripAdvisor survey, nearly one-third of U.S. respondents plan to travel abroad this summer to take advantage of the strong U.S. dollar,” said Brooke Ferencsik, director of communications for TripAdvisor. “For those looking to save, Europe is a great option. Compared to last summer, Americans can expect to pay about 20 percent less on hotels in Europe when booking on TripAdvisor, and eight percent less on roundtrip airfare.”

Travel to Europe for Less This Summer

  • The average cost of a one-week summer trip has declined in 24 of the 25 European destinations included in the TripIndex by an average of 11%, year-over-year.
  • The cost of visiting Istanbul has decreased 25% year-over-year, making it the most affordable destination on the TripIndex with an estimated one-week trip cost of $1,877.
  • At $3,236, Zurich is the most expensive destination; however, it still offers a relative value as prices have fallen 9% since last summer.

European Hotel Values

  • The average nightly rate for a European hotel booked on TripAdvisor for this summer is $133, compared to $164 in 2014.
  • The least expensive hotel rooms this summer can be found in Bucharest for $67 per night, while Reykjavik is the costliest at $258.
  • Hotel rates in Moscow have seen the biggest year-over-year price decline—from $146 to $84—representing a 43% savings.

Summer Savings on Trans-Atlantic Airfares

  • Roundtrip flights from the U.S. to the European destinations on the index cost $1,448 on average between June and August, compared to $1,579 in summer 2014.
  • While Reykjavik has the most expensive hotels, it boasts the most affordable airfare at $1,086; London is the most expensive destination to fly to at $1,763.
  • Istanbul, the most affordable destination, saw the largest year-over-year decrease in flight prices (-24%).
  • Although hotel prices in Moscow fell the most year-over-year, it was the only city to see a substantial increase in airfares (+56%).

TripIndex Europe: Avg. Cost of a One-Week Summer Trip and YOY Cost Comparison

CityAverage Nightly
Hotel Rate
Average Roundtrip
Airfare
Cost For a
One-Week Trip
YOY
Trip Cost
201420152014201520142015
Istanbul$132.08$97.13$1,570.99$1,197.47$2,495.55$1,877.38-25%
Bucharest$90.68$66.94$1,615.37$1,425.57$2,250.13$1,894.15-16%
Krakow$95.01$77.99$1,426.40$1,437.95$2,091.47$1,983.88-5%
Budapest$85.88$70.94$1,553.96$1,532.05$2,155.12$2,028.63-6%
Prague$103.80$80.17$1,594.19$1,512.81$2,320.79$2,074.00-11%
Athens$99.51$84.87$1,747.65$1,493.45$2,444.22$2,087.54-15%
Brussels$129.66$104.49$1,550.55$1,379.76$2,458.17$2,111.19-14%
Berlin$107.43$91.92$1,604.18$1,506.71$2,356.19$2,150.15-9%
Lisbon$104.02$93.10$1,465.46$1,519.48$2,193.60$2,171.18-1%
Stockholm$209.91$156.04$1,384.97$1,092.35$2,854.34$2,184.63-23%
Oslo$194.92$150.53$1,375.91$1,150.09$2,740.35$2,203.80-20%
Dublin$161.82$146.10$1,370.99$1,206.74$2,503.73$2,229.44-11%
Moscow$146.33$83.63$1,082.97$1,689.69$2,107.28$2,275.10+8%
Helsinki$174.45$137.49$1,445.87$1,341.94$2,667.02$2,304.37-14%
Copenhagen$228.48$174.55$1,387.86$1,125.51$2,987.22$2,347.36-21%
Vienna$125.19$100.63$1,844.53$1,679.80$2,720.86$2,384.21-12%
Barcelona$163.17$127.34$1,635.35$1,502.11$2,777.54$2,393.49-14%
Rome$156.78$120.39$1,804.93$1,678.50$2,902.39$2,521.23-13%
Amsterdam$180.05$150.30$1,809.72$1,641.67$3,070.07$2,693.77-12%
Paris$200.19$158.24$1,886.93$1,621.38$3,288.26$2,729.06-17%
Dubrovnik$184.83$145.36$1,889.60$1,748.77$3,183.41$2,766.29-13%
Edinburgh$234.36$209.91$1,737.35$1,336.95$3,377.87$2,806.32-17%
Reykjavik$303.16$257.80$1,196.02$1,086.00$3,318.14$2,890.60-13%
London$225.88$202.93$1,785.09$1,762.54$3,366.25$3,183.05-5%
Zurich$265.40$229.29$1,706.78$1,631.37$3,564.58$3,236.40-9%

 

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