New York Listed as Having Most Expensive Hotels

New York City

Natalie Paris, The Daily Telegraph, December 10, 2014 

Research into the prices of more than 60,000 hotels, hostels and apartments has revealed which cities have the most expensive rooms

A survey from GoEuro, a European travel information website, compared the prices of everything from five-star hotels to hostels and even Airbnb rentals, to reveal the average price a traveler can expect in a city.

The most expensive accommodation in the world is found in New York, where the average price across all categories was found to be £157 a night. A fair way behind the Big Apple was St Moritz, the Swiss ski and hiking destination, where rooms were an average of £117.

Macao, in China, followed with an average rate of £107 a night, which was the same rate as was found in Miami. Nassau in the Bahamas was next, on £95 a night, followed closely by Boston in the US, on £94 a night. Venice (£93), Dubai (£90) and San Francisco (£90) followed, with Monte Carlo (£85) – famous for its casinos and high rollers – rounding off the 10 most expensive cities.

In terms of five-star hotels, luxury comes with the highest price tag in Punta Cana, a resort in the Dominican Republic, where upmarket hotels cost an average of £844 a night.

St Moritz followed with a £438 rate average; then Miami and Reims, both on £433 a night; and New York, where five stars were an average of £427 a night.

While hostels are still the cheapest option for travellers, in some cities they are nearly the same price as budget hotels.

New York, again, was the priciest, with dormitories here a not-to-be-sniffed-at £41 a night on average. In Miami they were £33 a night, the second most expensive of the 150 cities surveyed, and in Zurich and St Moritz £30 and £29 respectively. Aberdeen, in Scotland, also made the top five most expensive cities for hostels, probably due to the high demand for budget beds from the city’s population of oil rig workers.

In the UK, London was the most expensive when all accommodation types were considered, coming 14th most expensive in the world, followed by Liverpool (18th) and Aberdeen (27th).

Leeds had the highest average price for five-star hotels in the UK, at £304 a night, above London’s £274 a night.

The cities with the most expensive rooms

Ranking

City

Airbnb

5* £

4* £

3* £

2* £

1* £

Hostel £

Average £

1

New York, US

147

427

262

214

172

107

41

157

2

St. Moritz, Switzerland

109

438

251

122

113

77

29

117

3

Macao, China

136

225

157

123

104

99

22

107

4

Miami, US

123

433

198

138

83

65

22

107

5

Nassau, Bahamas

109

345

161

140

76

62

33

95

6

Boston, US

175

161

117

99

82

65

27

94

7

Venice, Italy

106

249

167

98

83

82

21

93

8

Dubai, UAE

144

198

130

103

86

54

25

90

9

San Francisco, US

114

289

137

118

99

52

19

90

10

Monte Carlo, Monaco

129

325

171

102

76

20

15

85

>Source: www.goeuro.com/accommodation-price-index

This article was written by Natalie Paris from The Daily Telegraph and was legally licensed through the NewsCred publisher network.