Looks like not…the prices for accommodations in Venice are tremendously sinking…an example:
2 years ago a double room in a standard Bed and Breakfast in Venice center was something like 120 EUR per nigh…now 49 EUR!!!
Is the crisis taking place now or simply before there was an overpricing of the accommodations?
Difficult to say, but my opinion is that all the major online agency have a system that induce you to slowly decrease the price of your offer in order to stay on top of the list, so slowly, 1 EUR a day you reach the situation that for one night you only cover the expenses for Breakfast, personal, cleaning.
Meditate on it…..
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