Stag parties planning a weekend jaunt to Bristol this year could save themselves a packet after new research revealed a dramatic fall in the cost of hotel rooms in the city.
According to PFK Hotel Consultancy Services, stag night revellers could bag a bargain when it comes to booking their accommodation, with room rates in the city now 15 per cent less expensive than a year ago, the Bristol Evening Post reports.
The research revealed that the cost of a hotel room in Birmingham and Leeds also fell during April, providing good news for those planning an overnight stay in one of the UK's biggest party cities.
Neil Dimes, partner in charge of PFK's Bristol office, said the gloomy statistics will be "of serious concern" to the hotel industry, but the price drops will be welcomed by British holidaymakers.
While the recession may have been bad news for some hoteliers, low-cost accommodation firm Travelodge claims that the budget hotel sector is "still growing" despite the economic uncertainty.