According to a recent study travel expenses for popular European destinations have decreased an average of 11 percent year-over-year, with travelers able to save as much as 25 percent on their summer trips. As the U.S. dollar is currently strong against many foreign currencies, Europe is a great option for summer travel. Compared to last summer, Americans can expect to pay about 20 percent less on hotels in Europe and eight percent less on roundtrip airfare.
These are the results of its TripIndex™ Europe. TripIndex Europe looks at 25 popular Europeans destinations, based on traffic on TripAdvisor from U.S. travelers, limited to one per country.
The average cost of a one-week summer trip has declined in 24 of the 25 European destinations included in the TripIndex by an average of 11%, year-over-year.
The least expensive hotel rooms this summer can be found in Bucharest for $67 per night, while Reykjavik is the costliest at $258.
Hotel rates in Moscow have seen the biggest year-over-year price decline—from $146 to $84—representing a 43% savings.
Roundtrip flights from the U.S. to the European destinations on the index cost $1,448 on average between June and August, compared to $1,579 in summer 2014.
While Reykjavik has the most expensive hotels, it boasts the most affordable airfare at $1,086; London is the most expensive destination to fly to at $1,763.
Istanbul, the most affordable destination, saw the largest year-over-year decrease in flight prices (-24%).
Although hotel prices in Moscow fell the most year-over-year, it was the only city to see a substantial increase in airfares (+56%).
TripIndex Europe: Avg. Cost of a One-Week Summer Trip and YOY Cost Comparison
| City | Average Nightly Hotel Rate | Average Roundtrip Airfare | Cost For a One-Week Trip | YOY Trip Cost | |||
| 2014 | 2015 | 2014 | 2015 | 2014 | 2015 | ||
| Istanbul | $132.08 | $97.13 | $1,570.99 | $1,197.47 | $2,495.55 | $1,877.38 | -25% |
| Bucharest | $90.68 | $66.94 | $1,615.37 | $1,425.57 | $2,250.13 | $1,894.15 | -16% |
| Krakow | $95.01 | $77.99 | $1,426.40 | $1,437.95 | $2,091.47 | $1,983.88 | -5% |
| Budapest | $85.88 | $70.94 | $1,553.96 | $1,532.05 | $2,155.12 | $2,028.63 | -6% |
| Prague | $103.80 | $80.17 | $1,594.19 | $1,512.81 | $2,320.79 | $2,074.00 | -11% |
| Athens | $99.51 | $84.87 | $1,747.65 | $1,493.45 | $2,444.22 | $2,087.54 | -15% |
| Brussels | $129.66 | $104.49 | $1,550.55 | $1,379.76 | $2,458.17 | $2,111.19 | -14% |
| Berlin | $107.43 | $91.92 | $1,604.18 | $1,506.71 | $2,356.19 | $2,150.15 | -9% |
| Lisbon | $104.02 | $93.10 | $1,465.46 | $1,519.48 | $2,193.60 | $2,171.18 | -1% |
| Stockholm | $209.91 | $156.04 | $1,384.97 | $1,092.35 | $2,854.34 | $2,184.63 | -23% |
| Oslo | $194.92 | $150.53 | $1,375.91 | $1,150.09 | $2,740.35 | $2,203.80 | -20% |
| Dublin | $161.82 | $146.10 | $1,370.99 | $1,206.74 | $2,503.73 | $2,229.44 | -11% |
| Moscow | $146.33 | $83.63 | $1,082.97 | $1,689.69 | $2,107.28 | $2,275.10 | +8% |
| Helsinki | $174.45 | $137.49 | $1,445.87 | $1,341.94 | $2,667.02 | $2,304.37 | -14% |
| Copenhagen | $228.48 | $174.55 | $1,387.86 | $1,125.51 | $2,987.22 | $2,347.36 | -21% |
| Vienna | $125.19 | $100.63 | $1,844.53 | $1,679.80 | $2,720.86 | $2,384.21 | -12% |
| Barcelona | $163.17 | $127.34 | $1,635.35 | $1,502.11 | $2,777.54 | $2,393.49 | -14% |
| Rome | $156.78 | $120.39 | $1,804.93 | $1,678.50 | $2,902.39 | $2,521.23 | -13% |
| Amsterdam | $180.05 | $150.30 | $1,809.72 | $1,641.67 | $3,070.07 | $2,693.77 | -12% |
| Paris | $200.19 | $158.24 | $1,886.93 | $1,621.38 | $3,288.26 | $2,729.06 | -17% |
| Dubrovnik | $184.83 | $145.36 | $1,889.60 | $1,748.77 | $3,183.41 | $2,766.29 | -13% |
| Edinburgh | $234.36 | $209.91 | $1,737.35 | $1,336.95 | $3,377.87 | $2,806.32 | -17% |
| Reykjavik | $303.16 | $257.80 | $1,196.02 | $1,086.00 | $3,318.14 | $2,890.60 | -13% |
| London | $225.88 | $202.93 | $1,785.09 | $1,762.54 | $3,366.25 | $3,183.05 | -5% |
| Zurich | $265.40 | $229.29 | $1,706.78 | $1,631.37 | $3,564.58 | $3,236.40 | -9% |
