According to the prices at the end of July and the beginning of August, France leads the way in 5-star hotel prices with 419 Euros, followed by Italy with 400 Euros and Greece with 336 Euros. Greece achieved the highest increase in this category with 110 percent. Turkey took the last place with 154 Euros.
Greece ranks first with 118 and 192 Euros in 3- and 4-star hotel prices. France showed a decrease compared to 2019 in 3- and 4-star prices, with 110 and 173 Euros, respectively. Although prices remained low, Egypt achieved 25 percent, 40.9 percent and 48.3 percent improvement in all three categories.
Compared to 2019, Turkey's prices decreased by 10 percent in 5-star, while it was in the last place with 154 Euros. Prices of 5-star hotels increased by 8.7 percent and took the last place with 100 Euros. 3-star hotel prices increased by 7.9 percent and took the last place with 68 Euros.
At the price of a 5-star hotel, France, Italy, Greece and Spain are sold at more than twice the value of Turkey. This difference is around 1.5-2 times for 4-stars and 1.5 times for 3-stars.
