Budapest & Riga among priciest hotels for New Year’s Eve

Two Eastern European capital cities, Budapest and Riga, feature among the priciest destinations for hotel stays on New Year’s Eve

Two Eastern European capital cities, Budapest and Riga, feature among the priciest destinations for hotel stays on New Year’s Eve, according to a survey by French travel portal

The survey compared the price of accommodation across 40 popular European cities for the night of 31 December 2017. Only hotels located close to the centre of town and rated at least three stars were considered.

In Riga, a New Year’s Eve reveller will have to spend €194 Euros for the cheapest available double room. Compared with average rates in the Latvian capital, that’s an eye-watering increase of 361%.

In Budapest, meanwhile, rates on December31 are even more stark, with visitors to the Hungarian capital needing to pay €243 Euros for the cheapest available room. That’s an increase of 465% compared with an average night in January, putting the city 6th in the survey’s rankings of the most expensive destination in Europe for hotels.

Leading the ranking is Amsterdam, where visitors will have to cough up at least €314 Euros for a double room on New Year’s Eve. Second and third in the rankings are Edinburgh (€293) and Prague (€274), respectively.

The following table shows the 10 most expensive destinations in Europe for New Year’s Eve 2017.
The rates indicated reflect the price for the cheapest available double room in each destination for 31 December. A comparison with regular rates appears in brackets, based on average rates during January.

1. Amsterdam €314 Euros (+147%)
2. Edinburgh €293 Euros (+218%)
3. Prague €274 Euros (+697%)
4. Venice €272 Euros (+274%)
5. Vienna €264 Euros (+256%)
6. Budapest €243 Euros (+465%)
7. Dublin €220 Euros (+144%)
8. Milan €207 Euros (+93%)
9. London €196 Euros (+97%)
10. Riga €194 Euros (+361%)

To read the full results of the survey, click here.

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Let’s take a look at a few hotel projects currently underway in Europe:Art’otel London Battersea Power Station
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Renovation of the Sheraton Stockholm in several phases …[READ MORE]More information on European hotel projects can be found on TOPHOTELPROJECTS, the specialized service provider of cutting-edge information of the hospitality industry.

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