Hotel prices will rise sharply in several cities in 2023

According to an analysis by AMEX (American Express) Global Business Travel, prices for accommodation in hotels in a number of popular tourist destinations. October 12, 2022 0 1 min

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Among European cities, housing in Paris will rise in price most of all – by about 10%. In general, in Europe, the list of cities where prices are expected to rise is as follows:

The increase in prices is associated with a number of factors, in particular, the fact that the demand for travel by the fall of 2022 began to reach pre-pandemic levels. Prices are also affected by the high inflation observed in most countries of the world, as well as the energy crisis.

Other popular destinations include:

  • Dubai, UAE (+7%);
  • New York, USA (+8.2 %)
  • Singapore (+3.9%)

The most rapid increase in hotel prices is expected in the capital of Argentina, Buenos Aires (+30%).

According to

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