European hotel prices top $1000 per night

European regions set to witness the solar eclipse on August 12, 2026, experienced a significant surge in hotel and short-term rental prices leading up to the event, with some prices exceeding $1,000 per night. Cities like Reykjavik and Bilbao saw hotel and rental prices soar by up to 206% compared to the previous year, with the average hotel price in Reykjavik reaching $1,012 and rentals averaging $1,172. Despite this dramatic increase, prices later dropped substantially as the event approached, with hotel prices in Reykjavik decreasing by 46%. Other areas adopted different pricing strategies, such as offering significant discounts.

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