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UK hotel prices plunge along with the temperatures

February's snow and severe weather warnings throughout the UK and the rest of Europe have put a deep freeze on hotel prices.

These are the findings of the trivago Hotel Price Index (tHPI) prepared each month by the hotel price comparison website trivago.co.uk.

Compared to February 2011, cities across the UK are showing a marked decrease in hotel prices this month, according to the the trivago Hotel Price Index (tHPI) prepared each month by the hotel price comparison website trivago.co.uk.

Newcastle (£73) is reporting the greatest decrease, with prices down 17 per cent. Blackpool (£55) in second, reported a price decrease of 13 per cent, followed by Liverpool (£77, down 10 per cent), Edinburgh (£89, down 9 per cent), Birmingham (£70, down 5 per cent), Sheffield (£64, down 4 per cent) and Glasgow (£70, down 4 per cent).

The Irish capital of Dublin was£70, down 7 per cent, and Cardiff was £71, down 12 per cent.

Quite a few European cities have also experienced a cooling off. Compared to January, Eastern European cities such as Prague (£61, down 26 per cent), Istanbul (£75, down 5 per cent), and Budapest (£49, down 6 per cent) are all experiencing decreases, as has the Greek capital of Athens (£60, down 5 per cent).

Budapest (down 5 per cent compared to February 2011) and Athens (down 14 per cent compared to February 2011) in particular, are also reporting their lowest hotel rates since May 2008.