In the third quarter of 2017, New York is confirmed as the city in the world with the highest hotel prices.
According to the Price Radar, the quarterly analysis of HRS, the most expensive city in Italy is Venice with 152 euros per night. Milan is growing slightly (1.8%) with an average rate of 115 euros, followed by Florence with 110 euros. Rome compared to 2016 increases by 1% with an average value of 104 euros. In Italy l and room rates rose from 95 euro to 101 euro with an increase of 6.3% .
In Europe Barcelona – waiting to understand if there will be any reflection of the political situation on the prices of the hotels of Q4 – it has recorded a significant increase in prices, quantifiable in 20% compared to the same period last year: on average the price of the rooms is of 151 euros. Double-digit growth also for Amsterdam (146 euros, +12.3 percent), Athens (116 euros, +14.9 percent), Lisbon (115 euros, +12.7 percent), Prague (88 euros, +14, 3 percent) and Warsaw (82 euros, + 10.8 percent).
Broadening the overview to all the world New York remains the most wasteful city with 254 euros, followed by Washington with 209 euros. The biggest changes compared to the previous year are in Mumbai (+41.3 percent, 113 euros) and Toronto (+29.2 percent, 177 euros). On the other hand, there was a sharp fall in prices (-29.2 percent in Kuala Lumpur) which is also the cheapest destination according to the HRS survey.
Analysis : period from 1 July 2017 to 30 September 2017.
The post Hotel Price Radar: New York is the most expensive city in the world first appeared on HRS Business Travel Blog.