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Expensive hotel accommodation is pushing up the price of residential meetings in London, despite competitive DDRs, according to new research.
The study, conducted by BDRC Continental on behalf of Meetings & Incentive Travel, found London to be more expensive than seven other major European cities.
Total event costs (including three-night’s accommodation, meeting space and F&B for 100 delegates at comparable branded hotels in August) came in above those of Amsterdam, Barcelona, Brussels, Frankfurt, Milan, Prague and Vienna, at €87,434.
This is 75 per cent more expensive than the second priciest city, Barcelona at €50,033, and 221 per cent more than the cost of hosting the event in the cheapest city; Prague at €27,209.
