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How much does a one night trip cost?

by SuperiorInvest

Reservations for the new Italian train “La Dolce Vita Orient Express” open on Tuesday.

Luxury train enthusiasts may want to lock in the current fare now, before it rises further.

Initial fares for an overnight trip on the luxury train increased from 2,000 euros ($2,168) per person in December 2022 to 2,500 euros per person in November 2023. Both fares were set during a pre-booking period. sale, which required a refundable deposit. .

But starting rates have now risen to 3,500 euros per person per night, according to a press release published in March.

This is a staggering 75% price increase over a 16-month period.

The train is scheduled to begin running in spring 2025, according to Accor, the French multinational hotel company that operates the train.

What's happening?

Accor did not directly respond to CNBC's question about the reason for the sharp price increase.

A representative said: “Prices evolve based on occupancy, season, route and cabin type.”

However, again the train is still not running.

Fares for a luxury cabin on Accor's La Dolce Vita Orient Express train have increased by 75% from the end of 2022.

Courtesy of Accor

Ticket prices remain lower than another train that uses the “Orient Express” moniker in Europe: the Venice Simplon-Orient-Express. Overnight fares for that train, operated by LVMH-owned company Belmond, start from £7,060 ($8,925) per passenger, according to a review of its website.

Dave Goodger, managing director for Europe, the Middle East and Africa at Tourism Economics, an Oxford Economics company, said the rise in prices is due to consumers' continued willingness to pay higher rates for luxury experiences. But, he said, that's probably not the only reason.

The lounge of Accor's new La Dolce Vita train.

Courtesy of Accor

“Demand for luxury travel is reflected in some continued price increases,” he said. “However, the price increases are not lucrative and are generally in line with increasing costs, including higher staff costs and increased debt service requirements.”

Goodger called the La Dolce Vita train's price increase “somewhat atypical,” but also noted that it reflects the unique service it provides.

The trains of 'La Dolce Vita'

Accor's Dolce Vita Orient Express will travel nine routes across Italy, including a coastal journey from Palermo to Rome and another from Rome to the Tuscan commune of Montalcino.

The “La Dolce Vita” train, which translates as “the sweet life,” channels the era of Italian glamor captured by Federico Fellini's famous 1960 film of the same name. The film is perhaps best remembered for the scene in which actress Anita Ekberg frolics in the Trevi Fountain, an act that tourists can be heavily fined for replicating.

Bookings for the train will open by phone on April 2 and via the train website from April 24.

Accor plans to launch another train, called “The Orient Express”, using restored 19th century carriages that were once part of the historic “Nostalgie-Istanbul-Orient-Express”.

The train will travel several routes across Europe, including Iconic Paris-Istanbul route.

The train, originally scheduled to launch this year, will now begin service in 2026.

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