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The average rate in Bucharest hotels dropped 40% in 2009

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According to a report of the consulting company Colliers, the average tariff per room for one night stay in Bucharest was EUR 73 in 2009, decreasing by approximately 40% compared to the previous year, while the average occupancy declined by 7%, down to 56%.

By the end of 2009, there were 153 hotels in the capital, cumulating over 11,500 rooms.

Bucharest, which is up to 80% a business tourism oriented destination, was seriously impacted by the crisis, resulting in major cuts of travel budgets of the big companies and in changing tourist behavior.

The number of tourist arrivals registered 8% drop in 2009, while the average occupancy dropped down to 1.8 nights, from 2.1 nights in 2008.

The main markets generating tourists were the neighbor countries, namely Hungary – 25% and Bulgaria – 12% but the number of tourists decreased by 4%, respectively 20% compared to 2008. The highest decreases were reported among German tourists, decreasing by 15% and Italians by 14%.

Sursa: Daily Business [18.02.2010], Wall-Street [19.02.2010]

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