7. Tallinn, Estonia
Average cost of a three-star hotel (per night): £44/$60
Average cost of an Airbnb (per night): £46/$63
Price reduction: 4.3%
6. Yerevan, Armenia
Average cost of a three-star hotel (per night): £39/$53
Average cost of an Airbnb (per night): £42/$57
Price reduction: 7.2%
5. Baku, Azerbaijan
Average cost of a three-star hotel (per night): £37/$50
Average cost of an Airbnb (per night): £40/$55
Price reduction: 7.5%
4. Vilnius, Lithuania
Average cost of a three-star hotel (per night): £37/$50
Average cost of an Airbnb (per night): £45/$61
Price reduction: 17.8%
3. Kiev, Ukraine
Average cost of a three-star hotel (per night): £30/$41
Average cost of an Airbnb (per night): £40/$55
Price reduction: 25%
