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.
Top 5 Least Expensive Cities
- Kuala Lumpur, Malaysia
- Skopje, Macedonia
- Tirana, Albania
- Antalya, Turkey
- Sofia, Bulgaria
Top 5 Most Expensive Cities
- Monte-Carlo, Monaco
- St Tropez, France
- Reykjavik, Iceland
- San Francisco, USA
- 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).