World's most expensive city for a hotel room named

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This was published 11 years ago

World's most expensive city for a hotel room named

By Oliver Smith

Moscow's hotels have been named the world's most expensive for the eighth year running.

In a survey of average room rates in 50 major cities, the perennially pricey Russian capital came out on top, with a one-night hotel stay typically costing travellers $387.

Moscow has topped the annual study, carried out by the Hogg Robinson Group (HRG), a travel management company, for eight years running. This year, it was almost 20 per cent more expensive than anywhere else considered in the analysis.

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Lagos in Nigeria climbed to second place in the survey with average room rates standing at $325 a night, thanks to a "high volume of inbound business travel connected with the oil industry". The research added that travellers to Lagos were conscious of its "well-documented" security issues, and therefore more inclined to choose five-star accommodation.

Geneva, where hotel accommodation will typically cost around $324, around $18 less than last year, came third.

Sydney also rated among the world's most expensive in the cities surveyed, coming in seventh place with an average rate of $297, down two per cent on last year.

Average room rates also dipped in other European cities, including Barcelona – where they fell by nearly a quarter – Madrid and Dublin.

Stewart Harvey, group commercial director at HRG, said that economic "uncertainty" was "driving down room rates across mainland Europe."

The largest increases in hotel rates were seen in Latin America. In Rio de Janeiro, which is hosting both the 2016 Olympics and several matches – including the final – of the football World Cup in 2014, prices rose by 15 per cent, and in Sao Paulo, they increased by more than a fifth. Mexico City, meanwhile, saw average rates soar by nearly a third.

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London rates rose by five per cent, to $246 on average, putting it 21st in the study.

A similar survey carried out earlier this year by the hotel booking website HRS, found that Rio de Janeiro's hotels were the world's costliest, ahead of Moscow and Zurich.

Top 10 most expensive cities for hotel rooms

MOSCOW $387
LAGOS $325
GENEVA $324
ZURICH $316
RIO DE JANEIRO $307
NEW YORK CITY $305
SYDNEY $297
HONG KONG $292
PARIS $291
WASHINGTON $289

- The Telegraph, London

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