Thursday, July 2, 2015

World's Priciest Hotels

The average price for a San Francisco hotel room has jumped 88 percent in the past year to $397 a night, according to an index compiled by Bloomberg of the world’s top 100 financial centers. The city ranks ahead of Geneva, where rooms set travelers back $292 a night, and Milan, at $271. Chicago, with rates at $240, ties Miami as the second-costliest U.S. cities.
 Geneva's Hotel President Wilson
Photo by Cynthia Dial
Among U.S. cities where hotel costs have fallen, New York had the biggest decrease, with a 13 percent decline to an average room rate of $202. In Europe, Paris hotels were among the biggest losers, with a 37 percent drop to $146.

Nightly prices in Budapest fell by more than half, the greatest decline worldwide, to $85. Globally, the cheapest market is Hanoi, Vietnam, where rooms average $62 a night.

From most to lesser expensive, here are the world’s top 25 cities based on hotel costs:
  1. San Francisco, US
  2. Geneva, Switzerland
  3. Milan, Italy
  4. Dubai, UAE
  5. Zurich, Switzerland
  6. Tel Aviv, Israel
  7. Chicago, US
  8. Miami, US
  9. Los Angeles, US
  10. Hong Kong, China
  11. London, UK
  12. Doha, Qatar
  13. Edinburgh, Scotland
  14. Jerusalem, Israel
  15. Rio de Janeiro, Brazil
  16. New York, US
  17. Riyadh, Saudi Arabia
  18. Tokyo, Japan
  19. Abu Dhabi, UAE
  20. Sydney, Australia
  21. Singapore, Singapore
  22. Kuwait City, Kuwait
  23. Toronto, Canada
  24. Lagos, Nigeria
  25. Osaka, Japan

Source: Expedia
#travel #traveltips #hotels #travelingcynthia

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