By: Chen Wei-ting and Evelyn Kao
Taipei, April 8 (CNA) While prices for overnight accommodation rose 3 percent globally in 2018 from a year earlier, reaching the highest level since 2004, the average hotel room price in Taiwan dropped 1 percent year-on-year, according to research results released Monday by online travel portal Hotels.com.
The Hotel Price Index revealed that every regional index, apart from the Pacific, received a boost last year.
Travelers paid more in 2018 for their hotel rooms in around 60 percent of international destinations compared with 2017, with prices in Paris seeing the highest rise of 14 percent.
The Hotel Price Index is used as a measure of competitiveness in the global tourism industry, Hotels.com President Adam Jay said, adding that while hotel room prices in most regions around the world registered an increase last year, there was no sign of a pickup for the travel industry in Taiwan. [FULL STORY]