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phoro source: blog.parkinn.com
phoro source: blog.parkinn.com

Bucharest ranks 5th among the cheapest cities worldwide for Airbnb

According to 2017 Accommodation Price Index of Campsite online booking platform Campsy, Bucharest ranks 5th among the cheapest cities worldwide for Airbnb, comparing the price of accommodation in over 200 cities and regions, as a press release informs.

The Index includes 1 to 5 star hotels, hostels, campsites, and peer-to-peer (P2P) accommodation services. Campsy undertook the research in order to better understand the overall landscape of the hospitality industry, as well as offer holidaymakers an in-depth view of which cities or regions may best suit their budget.

“Though the bulk of travel takes place on a city-to-city basis, we are passionate about encouraging travellers to step outside urban areas and seek the unique experiences that nature has to offer,” says Campsy CEO Philipp Hillenbrand. “We hope that our research empowers readers to gain more from their holiday budget this summer, and perhaps encourage camping as their accommodation of choice.”

In terms of hotel star rating, sharing accommodation sites such as Airbnb and camping aggregators such as Campsy, Bucharest ranks in position 149, with an average cost starting from EUR 9 for an overnight stay at a hostel to EUR 330 for a 5-star hotel and EUR 45 for P2P option.

Kuala Lumpur, Malaysia has the least expensive average accommodation costs worldwide starting from EUR 7.37 for an overnight stay at a hostel to EUR 258 for a 5-star hotel, whilst Monte-Carlo, Monaco calculated as the most expensive – EUR 28 at hostel, reaching EUR 2,505 at 5-star hotel. The most affordable 5-star hotel price was found in Sarajevo, Bosnia and Herzegovina.

Saxony, Germany has the least expensive average accommodation costs worldwide, whilst Hither Hills State Park, New York, USA calculated as the most expensive.

The most affordable Airbnb price per night was found in Skopje, Macedonia (EUR 32) whilst the most expensive was in Punta Cana, Dominican Republic (EUR 366). At the same time, the most affordable campsite per night fee was found in Hamburg, Germany (EUR 7).

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