In the days following the last matches in each of the World Cup host cities, hotel rates have dropped by 43% on average.
17 July, Rio de Janeiro: Following the end of the World Cup, unsurprisingly, hotels in the host country have modified their rates, setting them lower, according to a study carried out by Trivago.com.
According to the price comparison website, average prices for accommodations in the World Cup host cities are dropping by double digits.
In Rio de Janeiro, just after Germany’s crushing defeat of the Brazil team in the semi-finals, hotel rates dropped by 42 percent and have continued to decline after the tournament’s end, Trivago.com notes.
On average, across all of the 12 cities that played host to the international soccer teams, nightly hotel rates have already decreased by 43 percent.
In the city of Ciuaba an even sharper decline was seen: during the seven days after the last match held in the city, hotel rates fell by 56 percent on average. Visitors in town for the World Cup paid around €323 for their hotel room, compared to just €143 after the competition.
In the capital city of Rio, where the World Cup finals were held on Sunday, July 13, Trivago.com notes that hotel prices plummeted over the course of a day, going from €363 on Sunday to €211 the following day. This week, the specialized website expects to see hotel rates drop by 44 percent on average.
São Paulo is the only city where the average hotel rate did not change dramatically. With a decline of 20 percent, the average cost of a hotel room went from €134 on the day of the last match held in the city on July 9 (Holland vs. Argentina) to €107 over the following days.
