The increasing popularity of Airbnb and continued growth of the hostel industry are now important factors for travellers considering where to spend the night.
As part of the travel price index series, GoEuro.com has compiled an impartial accommodation price index covering 150 cities and over 60,000 properties to understand the effect of new trends in accommodation on the hotel industry.
Istanbul ranked #85 most expensive overall
Istanbul ranked #72 most expensive city for Airbnb, whereas Brussels, Helsinki and Paris ranked respectively 86, 87, 88
New York is the most expensive city overall, Tirana, Albania, the most affordable
The new sharing economy is increasing the diversity of the accommodation industry, and hotel alternatives are being increasingly embraced by millennials
For the full ranking and data, click here: http://www.goeuro.com/accommodation-price-index
Most Expensive Overall:
Least Expensive Overall:
All prices were calculated over the same date range for the same amount of guests.