Dublin hotel room prices drop by 11%

HOTEL room prices in Dublin plunged 11% to almost €120 last year, falling at one of the fastest rates in the world.

Worldwide, the most expensive city to stay in last year was Moscow, with an average room rate of £258.67 (€307.19). Despite a 3% fall on the 2009 figure this is the sixth year in a row the Russian city has taken the top spot.

A survey by travel firm Hogg Robinson Group found European hotel prices fell for the second year as many countries experienced “sluggish economic growth”. Athens saw room rates fall by 9%.