Stats: Kuala Lumpur Has Least Expensive Accommodation Costs

(Photo by SeanPavonePhoto/Getty Images Plus/Getty Images) Photo by SeanPavonePhoto/Getty Images Plus/Getty Images

Campsite online booking platform Campsy has released a detailed study comparing the price of accommodation in over 200 cities and regions. The Index includes 1 to 5 star hotels, hostels, campsites, and peer-to-peer (P2P) accommodation services. Campsy said it undertook the research in order to better understand the overall landscape of the hospitality industry, as well as offer travelers an in-depth view of which cities or regions may best suit their budget.

With P2P rental services and younger specialist platforms such as Campsy offering accommodation options, the research aims to shed some light on the rapidly changing marketplace, Campsy said.

Kuala Lumpur, Malaysia, has the least expensive average accommodation costs worldwide, while Monte-Carlo, Monaco, was the most expensive. 

DAILY NEWS & DEALS NEWSLETTER

Like this story? Subscribe to Daily News & Deals!

Featuring breaking news on the latest product launches, deals, sales promotions, and executive appointments. Be sure to sign-up for this free industry daily newsletter.

Top 5 Least Expensive Cities

  1. Kuala Lumpur, Malaysia
  2. Skopje, Macedonia
  3. Tirana, Albania
  4. Antalya, Turkey
  5. Sofia, Bulgaria

Top 5 Most Expensive Cities

  1. Monte-Carlo, Monaco
  2. St Tropez, France
  3. Reykjavik, Iceland
  4. San Francisco, USA
  5. New York, USA

Other highlights from the report included:

  • The most affordable campsite per night was found in Hamburg, Germany ($7.66) and the most expensive was in Ticino, Switzerland ($56.93).
  • The most affordable Airbnb price per night was found in Skopje, Macedonia ($35.04) while the most expensive was in Punta Cana, Dominican  Republic ($400.72).
  • The most affordable 5-star hotel price was found in Sarajevo, Bosnia and Herzegovina ($259.48) and the most expensive was in Monte Carlo, Monaco ($2,742.62).
  • The most affordable shared hostel dormitory was found in Kiev, Ukraine ($6.12) and the most expensive was in St Moritz, Switzerland ($56.93).

Source: Campsy

Related Stories

Stats: Trip Budgets to Decline 20 Percent This Summer

Stats: Antarctica Cruises to Hit Record With 5 Percent Increase This Year

Travel Leaders Survey: Australia Tops Americans' Bucket Lists

Stats: Average Corporate Travel Agent Salary Was $47,814 in 2016

Suggested Articles:

The 2020 USTOA Annual Conference & Marketplace will be in an abbreviated format within the same time frame of original dates of December 1–4. 

The Avoya Mastermind Virtual Land Forum focused on brand education, sales and new safety protocols for resuming travel. Learn more here.

Strong demand, according to Viking, lead to the early release of 2023 departure dates. Here’s what travelers can expect.