According to the latest Hotel Price Index (HPI), Colombia is one of the countries that is best spared from the political events and natural disasters that impacted hotel rates in the first six months of 2011 by registering a 6% increase in the average price per hotel room.
This percentage is three times higher than the region's average (2%) and double the global increase, which was 3%.
Other factors such as currency strength and room supply also affected average room prices worldwide, although the report shows that overall it was only 6% higher than when the HPI was launched in 2004, representing exceptional value for travelers.
David Roche, president of Hoteles.com commented that "despite some exceptional price movements, it is important to note that, in general, the image has been one of gradual recovery, with prices at the levels of seven years ago, which represents a great value for the traveler."
