travel

New York, Boston have most expensive hotels in the world, survey shows

December 11, 2015

New York’s hotels are the most expensive in the world. – AFP/Relaxnews pic, December 11, 2015.New York and Boston have the most expensive hotel rates in the world, at €275 (RM1,286) a night, according to data collected by HRS Global Hotel Solutions for the period from July to September.

San Francisco was ranked third on this list with €241.

In the third quarter, which includes the summer vacation period, the average cost of staying in a hotel increased across the globe.

In China and the US, growth was in double digits, standing at 34.8% in Boston and 29.7% in New York.

The same was true on the other side of the planet, in China, where hotels hiked their prices by over 20%, except in Shanghai (+1.3% to €93) and Macau (-3.5% to €137).

And rates surged in Japan, with a jump of 34.9% in Tokyo, where a room cost €174 a night.

Hotels more expensive in Europe

Europe has not been spared this upward trend. It has been the focal point for various global events this year, including the Universal Exhibition in Milan and the Rugby World Cup in England, so it is not surprising that European hotels put up their prices in the summer.

This was especially true in the south. Rates rose by 19.9% in Milan, where a hotel room cost €128 a night. In Barcelona, there was an increase of 7.1% to €121, and Lisbon saw rates move up 7.6% to €99.

In northern Europe, rates were up by 11.5% in Stockholm, where one night cost €136.

This survey is based on rates noted in 150 cities around the world and statistically processed reservation data for all HRS international clients. – AFP/Relaxnews, December 11, 2015.