It wont some as a shock but the average hotel price in Galway City during the Galway Races will increase dramatically.
The trivago Hotel Price Index (tHPI) released monthly by hotel search site trivago.ie. Prices will peak at €193 on Ladies’ Day (31 July).
Meanwhile, hotel prices have surged 158 per cent in Glasgow as the city prepares to host the Commonwealth Games. Prices will peak at €561 on Sunday 27 July, when Usain Bolt is expected to compete.
Galway Races: prices peak for Ladies’ Day
The average hotel price in Galway has risen 17 per cent this month ahead of the Galway Races, held from 28 July to 3 August. The city has seen the highest month-on-month increase across Ireland in July, growing to an average of €128.
This average will further rise to €155 during the week of the event. This is 52% higher than the preceding week (21 – 27 July), when the average price is €102.
Prices will peak at €193 for Ladies’ Day on 31 July. The least expensive night of the races will be Monday 28 July, when the average hotel price is €125.
Commonwealth Games: prices surge in Glasgow
The price of a hotel in Glasgow during the upcoming Commonwealth Games (23 July – 3 August) will cost €432 per night on average. This is a 158 per cent increase on the week before the Games (15 – 21 July), when the average hotel price will be €167.
With an average of a staggering €561, the most expensive night will beSunday 27 July, when Usain Bolt is expected to compete in the men’s 100m sprint.
The least expensive night of the Games will be Thursday 24 July, when the average room will cost €366.
And what of hotel prices in Dublin and elsewhere in Ireland?
Dublin sees third highest increase in Europe whilst prices in Donegal are up by a third
Hotel prices in Dublin have also risen this month. The average hotel room in the capital will cost €139 in July, a year-on-year increase of 24 per cent.
This rise is the third highest year-on-year increase of trivago’s 50 most popular destinations in Europe. Only Glasgow (80%) and Riga (29%) saw bigger year-on-year surges.
Elsewhere in Ireland, prices in Donegal have risen by 33 per cent year-on-year, as the town plays host to a number of events throughout July.
Meanwhile, many cities in Europe saw a notable month-on-month price decrease, including capitals Stockholm (down 24% to €138), Oslo (-22% to €129) and Rome (-21% to €123), Brussels (-20% to €98) and Athens (-20% to €95).
Trivago’s John Pilkington, PR UK & Ireland commented, “While it is not uncommon to see prices rise during sporting events, the increases this month are extreme: Ladies’ Day at the Galway Races will peak at €193 – an average rarely seen in Ireland, while hotel prices have rocketed by 158% in Glasgow for Scotland’s biggest ever sporting event.
It will be interesting to see if these prices fall in the lead-up to the event as hoteliers try to fill rooms.It is also interesting to note that while prices in many capital cities have decreased this month, those in Dublin continue to rise.”