19 BAR VEIKALS

News

Windows of hotel rooms dark in Tallinn

2009-04-15

Estonian capital now has Europe’s cheapest hotel prices

A couple of years ago, Postimees writes, entrepreneurs cautioned that the number of hotels in Tallinn was growing at an absurdly fast pace, even in the fertile environment of an economic and real estate boom. Now the results have arrived; 5-star hotels are offering rooms at 3-star rates yet occupancy rates are still falling considerably. “Things have changed so much that the Swedish media are writing about Tallinn as the European capital with the cheapest accommodation prices,” said Feliks Magus, CEO of Nordic Hotels. It was not so long ago that Tallinn was in the top ranks of this very same list, not floundering at the bottom. Generally speaking, prices have fallen by a third or even more in comparison to last year.

 

Postimees, 2009-04-14

Latest news

2009-04-15 Sea of flowers to lure tourists to Vecgulbene
2009-04-15 Guides speak out against churches in disrepair
2009-04-15 First fall in Jurmala guest numbers in years
2009-04-15 Business travel expenditure in Latvia down 70%
2009-04-15 Cheaper holidays with an unnamed investor
2009-04-15 Estonian Air will see dip in revenues of 15-30%
2009-04-15 Hopes of air traffic revival in Vilnius “naive”
2009-04-14 Most journeys Latvians make are for less than a day
2009-04-14 Latvia expects inflation to turn to deflation

uz augšu   uz augšu

HoReCa nozares ziņas un raksti

Booking.com
Where to go in Latvia Events English Latvian Russian