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Razzor90006 karma

I experienced that hostels can be more expensive than hotels. For example last summer in Prague a bed in an dormitory was around 30 €. We were a group of 3 traveler so I found a 3 bed room in a 3 star hotel for 17€ each (including breakfast). We proceeded our trip through Europe (7 cities) and everywhere we were better off or paid the same in 3 star hotels than in hostels. So here's my question. Do hostel prices vary heavily depending on the season? Or are the prices pretty stable through the year?