Solar Eclipse Drives Europe Hotel Prices to Over $1,000 a Night As the world prepares for the rare celestial event of a solar eclipse on August 12, hotels in parts of Europe are cashing in on the demand.
In cities like Reykjavik, A Coruña, and Bilbao, hotel prices have more than doubled compared to previous years, with some short term rentals fetching as much as $1,172 per night – an increase of 178% from last year's rates.
The surge in prices has raised questions about whether this is a genuine response to demand or market manipulation.