HotelsThe good news for travellers is that many hotels in Asia still offer cheaper room rates than pre-pandemic times.

Room rates soar in Europe but stagnate in Asia

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Hotel stays in Europe were on average 25% more expensive in December 2022 compared to December 2019.
Hotel stays in Europe were on average 25% more expensive in December 2022 compared to December 2019. Photo Credit: Adobe Stock/Kirk Fisher

Travellers in Asia can still grab a hotel bargain as the region slowly gets to grips to life without Covid restrictions.

But the chance to bag a bargain might not last long if room rates in Asia catch up with those in the rest of the world.

Research by multi-product travel provider Digitrips has revealed that Asia is the only region in the world where top destinations still offered prices (per room-night) below 2019 levels at the end of 2022.

Digitrips, which owns French B2B OTA MisterFly, found hotel stays in Europe were on average 25% more expensive in December last year compared to December 2019, with North American prices soaring even higher by a whopping 33%.

Stays in Europe were on average 25% more expensive in December 2022 compared to December 2019, with North American prices soaring even higher by a whopping 33%.– Digitrips

In comparison, many popular destinations in Asia still offered cheaper stays on average than before the pandemic.

Emilie Dumont, managing director of Digitrips, said, “Our data from MisterFly suggests Asia continues to lag as the late reopening means hotels must keep prices low to stimulate demand and lure back travellers.

“As a result, while visitors to Barcelona could expect to pay on average 30% more for their accommodation last December than they would have before the pandemic, staying in Tokyo or Bangkok was still significantly cheaper on average than in December 2019 – with a decrease close to 20% over the last quarter.”

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