European city has world's most expensive hotels with parking space-size rooms
This country is a tourist hotspot but you might not be getting much bang for your buck if you opt to stay in one of its many hotels.
Accommodation is often one of the pricier parts of a holiday. If you want a good hotel, then you’re going to have to pay for it.
But some places offer a little more bang for your buck than others. New research has revealed where in the world people pay the most per square foot for their accommodation — and the answer is a top tourist hotspot. Experts at Deluxe Holiday Homes compared the average hotel price in the world’s most popular tourist cities and then divided by the average room size.
READ MORE: People told to turn off 10 ‘vampire devices’ to save up to £140 now
READ MORE: Your car model could now be qualified as 'classic' - and save you money
According to the research, Italy’s Venice has the most expensive hotels by price per square metre. Rooms in the city are the smallest in the study, with an average of 12 square metres, yet they cost £142.75 per night.
Travellers pay more for significantly less space than other major destinations. This combination of small rooms and high prices pushes Venice to the top of the ranking, making it the most expensive city for hotel space.
Other dream holiday destinations have similar prices with Paris coming in second on the list and London third.
In Paris, you’re likely to pay £8.30 per square metre of space at an average price of £132.69 per night.
London isn’t much better with the difference between these two cities is just 22p per square meter, making them nearly identical in terms of space value.
A spokesperson from Deluxe Holiday Homes said: "Small rooms aren't always a bad deal, but Venice is a perfect example of what happens when space is tight, and demand is huge. Staying in a 12-square-meter room is basically like living in a parking spot, and paying nearly $200 for it shows how much tourist crowds drive up prices.
“In famous cities full of old buildings, you're often fighting millions of other people for a tiny slice of the city, so you end up paying a premium no matter how small the room actually is."
