British bonanza as prices for global tourists tumble

The weakening of British Pound in the last three years has make tourism much cheaper for travellers from around the world.

The latest research by serviced apartment provider, Cuckooz, has looked at the silver lining of a weak pound for overseas visitors traveling to the UK on business and staying in the capital.

The research shows that in June 2016, the average hotel room would have cost 183 Euro per night, today a weaker pound means that this cost is just 166 Euro per night, a -9.2% saving.

The biggest saving to be had is for those travelling from outside of the EU from Japan. The Yen has gained the most ground on the pound and while a hotel in June 2016 would have cost ¥22,395.7 or £170 per night, today it’s just ¥19,579.91 or £148 per night – a saving of -12.6%.

The second biggest saving was for the Swiss, with a hotel now costing -10.7% less in Swiss Francs than it did some three years ago.

Visitors from Poland (-10.2%), the UAE (-10.1%) and the USA (-10.1%) are all now paying more than 10% less for their business stay in London when compared to June 2016.