The Hotel Price Index (HPI) from Hotels.Com report revealed that among the international tourist hotspots, Istanbul witnessed the steepest fall in hotel room prices.
For a five star accommodation, Indians paid Rs 10,702 per night in Istanbul (Turkey), 17 per cent less lower than the 2014 rates, it said.
Additionally, they paid only Rs 7,028 per night for a four star accommodation in Istanbul, which was 23 per cent lower than 2014 levels, revealed the report.
While Istanbul leads the list for destinations with the steepest fall in hotel room prices for a four star accommodation in 2015, Frankfurt ranks second with a fall of 20 per cent, priced at Rs 9,334 for a night.
Hotels.Com is an online accommodation booking website offering bookings ranging from international chains and resorts to local favourites and bed and breakfasts.
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