Amsterdam and Edinburgh Top List of Pricey Places in Europe to Spend New Year's Eve

by Maria Lisella

Surprise Surprise, who would have guessed: Amsterdam and Edinburgh will be the most expensive destinations in Europe for overnight stays on New Year's Eve, according to a survey by French website Allovoyages.fr.

The survey compared the cost of accommodation across 40 popular European locations for the night of Dec. 31, 2017. The properties surveyed were all centrally located and rated at least three stars.

In Amsterdam, a New Year's Eve reveler will have to plunk down an average of €314 Euros or $372.92 (at current rate of .84 Euro to the U.S. dollar) for the cheapest available double room, making it the priciest European city.

Edinburgh came in second with an average of €293 Euros or $347.98, according to the survey. This equates to a premium of over 200% compared with regular hotel rates in the Scottish capital.

For those paying special attention to statistics, Edingburgh topped the list Edinburgh was Europe's second most expensive summer destination, based on the cost of accommodations in three, four and five-star properties, according to an earlier survey from Cheaprooms.co.uk conducted back in August. Only Formentera, one of the Baleraic Islands in Spain was even more expensive than the Scottish capital.

The biggest rate hikes for New Year's Eve were discovered in Prague, where visitors will have to cough up an eye-popping 700% or more, compared with a regular night in the Czech Republic capital. Dublin and London also feature in the Top 10 most expensive cities, with average rates of €220 or $261.28 and €196 or $232.78 Euros respectively for the least expensive double room. 

The following table shows the 10 most expensive destinations in Europe for New Year's Eve 2017. The rates indicated reflect the price for the cheapest available double room in each destination for Dec. 31, 2017.  A comparison with regular rates appears in brackets, based on average rates during January.

1. Amsterdam €314 Euros (+147%)
2. Edinburgh €293 Euros (+218%)
3. Prague €274 Euros (+697%)
4. Venice €272 Euros (+274%)
5. Vienna €264 Euros (+256%)
6. Budapest €243 Euros (+465%)
7. Dublin €220 Euros (+144%)
8. Milan €207 Euros (+93%)
9. London €196 Euros (+97%)
10. Riga €194 Euros (+361%)

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Best Travel Destinations Within 5 Hours of NY

1. Bermuda

2. Iceland

3. Miami

4. Austin

5. Tulum

Source: Business Insider

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