As of October 2024, the city with the most expensive hotel rate in the United States was Boston. Visitors to the East Coast city could expect to pay 320 U.S. dollars for a doube room during that period. Meanwhile, New York ranked third with an average rate of 284 U.S. dollars.
London had the highest average daily rate (ADR) of the leading European city destiantions in 2022, with an ADR of 198 Euros. This was higher than Rome, Paris, and Amsterdam. London also ranked as the most visited European city tourist destination in 2022.
Cost of living can vary wildly depending on the city that people live in. Some are hugely expensive while others are comparatively cheaper. This variety can also be seen in the average overnight price of hotels. In September 2023, New York held the highest hotel rate in North America when compared to other selected cities. The average overnight price for a hotel room in New York was 504 U.S. dollars.
According to the source, when looking at average hotel prices per night in selected large cities in the United Kingdom, London recorded the highest average price at 158 British pounds as of April 2024. In contrast, Milton Keynes had the lowest average cost per night in the ranking at 71 British pounds.
According to a December 2024 study, Venice was the most expensive city in Italy to book an overnight stay in a four-star hotel, with an average price per night of roughly 197 euros. Florence reported the second-highest figure that month, with an average price per night of 176.5 euros.
The average price of accommodation in hotels and similar lodging establishments in Mexico City in amounted to 110 U.S. dollars in February 2024. The average price of hotel rooms reached the highest peak of the previous year in October, at 119 U.S. dollars.
The graph depicts the average price of a hotel room in 2010 and 2011* around the world. In Europe, the average cost for a hotel room was 167.76 U.S. dollars.The Hotel Price Index (HPI) is based on bookings made on hotels.com. The prices shown are those actually paid by the customer. The sample set are about 110,000 properties in more than 18,000 global locations.
Average hotel room prices - additional information
In both 2010 and 2011, the Caribbean was the most expensive region in the world to for hotel stays, with an average hotel room price of 207.11 U.S. dollars in 2011. The Caribbean, located to the south east of North America and the Gulf of Mexico, includes many popular vacation destinations such as the Bahamas, Cuba, Barbados and the Dominican Republic. The region is well-known for its natural beauty and luxury resorts. In 2013, Soufriere, St. Lucia, was one of the most expensive destinations for U.S. travelers in terms of hotel costs, second only to Bora Bora in French Polynesia, where the average daily rate for a hotel was 770 U.S. dollars. Despite the cost, Caribbean cruises were the most popular vacations in the U.S. according to travel company Travel Leaders Group.
A close neighbour of the Caribbean, North America saw the lowest average hotel price in 2010 and 2011. While low in comparison to other regions, the average daily rate of hotels in the U.S. has risen year-on-year since the global recession of 2009 and, in 2013, the U.S. hotel industry generated 163 billion U.S. dollars in revenue. The United States also has some expensive destinations of its own: the most expensive U.S. city for hotel rates in 2013 was Honolulu, Hawaii, with an average daily rate of 230 U.S. dollars. New York ranked second at 211 U.S. dollars a night.
As well as being the region with the second highest average hotel price, hotels in Europe also charge the most for room service. Six out of ten of the most expensive cities in the world for hotel room service were located in Europe in 2014. Helsinki in Finland was the most expensive at just under 90 U.S. dollars.
The average daily rate (ADR) represents the average rental income earned for an occupied room per day. In 2022, the ADR of the United States hotel industry was forecast to reach 145 U.S. dollars. By 2024, that figure was forecast to increase to 155 U.S. dollars.
New York was the business travel destination with the highest hotel expenses at the end of 2024, registering an average daily cost of 480 U.S. dollars. Meanwhile, the non-U.S. corporate travel destination with the highest hotel costs was London.
This statistic shows the average hotel room price in selected German cities in 2018 and 2019. In 2019, Dusseldorf and Munich had the most expensive hotel rooms on average, at 114 and 111 euros per night respectively.
In financial year 2023, the south-western state of Goa had the most expensive average daily rate (ADR) for hotel rooms at over 10 thousand Indian rupees. On the other hand, Pune had the lowest average daily rate of about 5500 Indian rupees.
In the financial year 2023, the average room rate of hotels in Goa was 10,267 Indian rupees and was the highest average rate per hotel room among the major cities in India. There has been an increase in the average rate per hotel room across the country as compared to previous financial years.
In 2022, hotel rooms were most expensive in Munich. That year, a hotel room cost around 114 euros on average. Other expensive cities included Berlin and Frankfurt. In both cities, hotel rooms on average cost over 100 euros per night. Prices increased in every city compared to 2021.
The average daily rate (ADR) of the United States hotel industry was 148.83 U.S. dollars in 2022, reflecting an increase over the previous year. The decline in ADR in both 2020 and 2021 can be attributed to the disruptions in travel and stay-at-home restrictions implemented due to the coronavirus (COVID-19) pandemic.
What is average daily rate (ADR)?
Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within the U.S. Other useful KPI’s that are used in the lodging industry are the occupancy rate and revenue per available room (RevPAR).
As of December 2023, the area with the highest daily rate for a hotel room in Australia was the Gold Coast, with an average daily rate of 274 Australian dollars. Sydney's average daily hotel room rate was 269 Australian dollars. The city or region with the lowest daily rate for a hotel room was Canberra, with an average daily rate of 201 Australian dollars.
This statistic shows the most expensive cities for average daily hotel rates worldwide in 2013. The most expensive city in 2013 was Monte Carlo with an average daily hotel rate of 331.63 U.S. dollars.
The average price of accommodation in hotels and similar lodging establishments in the Brazilian City of Rio de Janeiro in amounted to 117 U.S. dollars in February 2024. The average price of hotel rooms reached the highest peak of the previous year in January, at 115 U.S. dollars.
This statistic illustrates the average hotel room rates in selected cities in Italy in Q3 2017 and Q3 2018. According to the study, the average hotel room price in Venice increased from 162 euros in 2017 to 169 euros in 2018.
According to the source, when looking at average hotel prices per night in selected small cities in the United Kingdom, St Andrews recorded the highest average price at 159 British pounds as of April 2024. In contrast, Torquay had the lowest average cost per night in the ranking at 84 British pounds.
According to the source, when looking at average hotel prices per night in selected medium cities in the United Kingdom, Bath recorded the highest average price at 138 British pounds as of April 2024. In contrast, Ipswich had the lowest average cost per night in the ranking at 78 British pounds.
As of October 2024, the city with the most expensive hotel rate in the United States was Boston. Visitors to the East Coast city could expect to pay 320 U.S. dollars for a doube room during that period. Meanwhile, New York ranked third with an average rate of 284 U.S. dollars.