Italy and Europe have registered a decrease in the cost of hotel room rates due to the weakness of the euro. This information was revealed by the updated monitoring service provided by hotel.info. As far as Italy’s main cities are concerned, rates in Milan have remained more or less stable (0.08 % compared to 2011). Milan, boasting an average room rate of 105.10 euros per night remained the most expensive destination in Italy while the remainder of the Lombardy region registered a 2.18% decrease.