World’s Most Expensive Hotel Cities

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World’s Most Expensive Cities for a Hotel Room

Russia has topped the list of the world’s most expensive cities to stay in a hotel, a characteristic that it has maintained for about a decade now. Moscow, Russia’s capital is the most expensive hotel city according to a study by Hogg Robinson Group.

Lagos is second on the list, with rooms in the Nigerian capital costing on average US$341. The high prices have been attributed to the security concerns in these cities which of course travellers do not mind forking out for a secure 5 star room.

EHotelier.com had this to say:

Revolution swept the Russian czars out of power in 1917, but, judging by the room rates, Russian hotels have never quite let go of the country’s aristocratic past.

Hotels in Moscow are by far the world’s most expensive and have been so for nearly a decade, according to a biannual study by Hogg Robinson Group (HRG).

Out of 50 major travel destinations surveyed, the Russian capital has had the highest average room rate for eight years straight.

Visitors typically pay about US$407 a night at a Moscow hotel.

In our list of the world’s 15 most expensive hotel suites, we found that the Ritz-Carlton Suite costs US$18,000 per night.

Travel marketer ViacheslavShirokov says that hotel demand is simply much higher than supply in Moscow and there is a lack of mid-range hotel options.

Lagos is second on the list of most expensive hotels with an average room rate of US$341.

Security is a concern in these destinations, especially in Lagos where travelers are willing to pay a higher room rate for a five-star hotel.

These top cities are also business hotspots catering to corporate travel. The survey is indicative of where companies are channeling their travel budgets.

“Businesses are not necessarily spending less on travel, but they are certainly looking for ways to make existing budgets work harder,” says Stewart Harvey, group commercial director at HRG.

European cities show a decrease in room rates amid an uncertain economic climate, particularly in Barcelona where prices dropped by nearly a quarter.

A total of 23 cities show a year-on-year increase in rates, compared to 33 cities in 2011.

The HRG survey is in its 20th year. The data is based on industry intelligence, actual room nights booked and rates paid during January to June 2012.

Top 10 most expensive cities to stay in and their average hotel room rate:

1.Moscow, Russia: US$407

2.Lagos, Nigeria: US$341

3.Geneva, Switzerland: US$340

4.Zurich, Switzerland: US$332

5.Rio de Janeiro, Brazil: US$323

6.New York City, New York: US$320

7.Sydney, Australia: US$312

8.Hong Kong, China: US$306

9.Paris, France: US$304

10.Washington, D.C, United States: US$302

Source: http://ehotelier.com/hospitality-news/item.php?id=23898_0_11_0_C

Although Moscow and Lagos top the list as having the highest average hotel room prices, the most expensive hotel rooms can actually be found in New York, India and Geneva according to a recent post by CNN’s travel site CNNgo.com.

The Royal Penthouse Suite at the Hotel President Wilson in Geneva costs a stately US$65,000 per night to enjoy the luxury of this 12 room gem. With its own billiard room, library and gym it’s more like a mansion than a hotel room.

However if you’d prefer the tranquillity of a palace, the Presidential Suite at The Raj Palace Hotel in Jaipur, India will set you back US$45,000 per night. With many of its visitors unperturbed by the figure, a small price to pay to feel like royalty some would say.

Or if that’s out of your budget, perhaps the Ty Warner Penthouse Suite at the Four Seasons New York would be more to your standards. At only 400sqm it is the smallest in the top 3,(compared to a 1500sqm palace and a 12 room mansion) but it offers amazing views of the Manhattan skyline.

This is what the post had to say about the worlds most expensive hotel rooms:

3. Ty Warner Penthouse Suite, Four Seasons Hotel, New York

US$41,836 per night

Soak in the expansive tub and try not to think about the US$30 it’s costing you each minute.

This 400-square-meter penthouse tops the entire top floor of this magnificent hotel, offering a 360-degree view of the Manhattan skyline.

The nine-room suite is the brainchild of designer Peter Marino, architect IM Pei and the hotel’s owner Ty Warner (the billionaire creator of the Beanie Babies).

It sports fabrics woven with platinum and gold, an indoor-outdoor Zen garden, a stupendous chandelier, the services of a personal butler, personal trainer/therapist and private chauffeur.

+1 758 5700; www.fourseasons.com/newyorkfs

2. The Presidential Suite, The Raj Palace Hotel, Jaipur, India

US$45,000 per night

Private museum. Need any other reason to blow 45 large?

This positively palatial suite was a former Maharaja’s residence. At nearly 1,500 square meters, the suite is one of the biggest in Asia, and comprises a four-floor apartment lavishly decorated in gold leaf, stucco, ivory and mirror work.

With a private roof terrace and swimming pool offering panoramic views of the pink city of Jaipur, and its own private museum, there seems little reason to leave.

+ 91 141 2634077; www.rajpalace.com

1. Royal Penthouse Suite, Hotel President Wilson, Geneva

US$65,000 per night

With 12 rooms, this suite is essentially a house, and costs about the same.

For the security-conscious, or the merely paranoid, there’s nowhere better to stay than the Royal Penthouse Suite at the Hotel President Wilson Hotel, which has panoramic views of Lake Geneva and Mont Blanc.

With bulletproof doors and windows, it’s the perfect safehouse for visiting heads of state, or privacy-conscious celebs.

Taking up the entire top floor of the hotel, the suite has its own private elevator to whisk guests to an apartment with 12 rooms, which hold a Steinway grand piano, billiard room, library and private fitness center.

Source: http://www.cnngo.com/explorations/escape/worlds-15-most-expensive-hotel-suites-747256?page=0,2

 

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