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Hotels.com Hotel Price Index™ 2016
  • Luxury for less

Finnish travellers paid significantly less to stay in 4-star and 5-star accommodation across multiple regions in 2016 for a variety of reasons.

  • Turkey suffered political and security instability during the year, which deterred many visitors, and average prices in Istanbul and Alanya fell accordingly in both categories.
  • Miami was another with large decreases, as the city was impacted by a decrease in Brazilian travellers in particular.
  • Dubai’s drop at the 4-star level could be explained in part by a continually growing room supply which affected occupancy levels.
  • 5-star averages in London and Manchester also dropped, due in large part to the fall in value of the Pound against most major currencies, particularly in the second half of the year following the Brexit vote.
Destinations with the highest average price decreases in 2016 (compared to 2015) for Finnish travellers staying at 4 and 5-star hotels
City Country Star rating 2016 (€) 2015 (€) % Change
Istanbul Turkey 5 89 137 -35%
Florence Italy 5 257 389 -34%
Phu Quoc Vietnam 5 169 248 -32%
Istanbul Turkey 4 54 79 -32%
Alanya Turkey 4 59 82 -29%
San Francisco, CA USA 5 302 415 -27%
Alanya Turkey 5 89 119 -25%
Miami, FL USA 5 288 378 -24%
Mallorca Spain 5 189 240 -21%
Split Croatia 5 197 245 -19%
Alicante Spain 5 150 184 -18%
Hua Hin Thailand 5 168 204 -17%
Langkawi Malaysia 5 164 197 -17%
Dubai United Arab Emirates 4 157 188 -16%
London United Kingdom 5 265 315 -16%
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