Tuesday, 12 June 2012

1 night in NYC or 3 nights in Manila? Most expensive hotel cities revealed

by CNNGo staff

If you traveled to Hong Kong or Brisbane in 2010 -- good call.

Had you gone a year later you'd have had to pay nearly 50 percent more, according to Hotels.com's latest Hotel Price Index.

While the average price of a hotel room rose 4 percent internationally in 2011 compared to the previous year, "increased demand from business executives, leisure travellers and shoppers, especially from the Chinese mainland" saw prices in those two cities hit US$163 compared to US$112 (Hong Kong) and US$180 compared to US$123 (Brisbane) on average.

Honolulu (+44 percent, to US$216), Auckland (+30 percent, to US$131) and Melbourne (+30 percent, to US$173) also saw significant hikes in the average price of their accommodations.

At a regional level, various factors such as political, natural and economical conditions affected prices around the world. Floods in Thailand and the March 2011 earthquake in Japan saw hotel prices there fall.

read more

Source: http://rss.cnngo.com/~r/cnngo/~3/WwKrio6IlF8/hotel-prices-surge-2011-967158

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