Chapter 1: Global Price Changes

The average price of a hotel room around the world rose 4% in 2011 compared with 2010, according to the latest hotels.com Hotel Price Index.

The average cost of a room now stands at 104, compared to 100 when the HPI was launched in 2004, indicating that the 2011 global average price is only slightly higher than when the Index was originally launched.

Prices fell 2% in Asia year-over-year, but rose in all other areas, including 8% in the Pacific, 5% in North America, 4% in Latin America, 3% in the Caribbean and 2% in Europe and the Middle East.