The average cost for overnight accommodation in New York was *** U.S. dollars in September 2023. Overnight accommodation costs in the Big Apple experienced an overall increase since the beginning of the year.

This statistic shows the quarterly average daily rate of hotels in New York in 2016 and 2017. In the first quarter of 2017, the average daily rate of hotels in New York in the United States was 257 U.S. dollars.

Accommodation in New York - additional information

The average daily rate of hotels in New York appears to be much higher in the fourth quarter of the year, reaching 389 U.S. dollars in 2016. In 2016, New York was the second most expensive city in the United States for hotel rates, followed by San Francisco where the average daily rate was 231 U.S. dollars for the full year.

New York was the most expensive city for business travel in the United States in 2016, in terms of daily hotel cost. Within the state of New York, Montauk was the most expensive destination in terms of hotel rates. It does not end with the room rates: while ranking seventh in the world on a list of the most expensive cities for hotel room service, New York was still the second most expensive city in U.S.

There are cheaper accommodation services available for those visiting New York. New York residents themselves are happy to try out Airbnb with 64 percent of them saying they would at least consider using the services in the few days between rental contracts when moving to a new apartment. That said, 44 percent of New Yorkers were worried about the kind of people who might be renting out their rooms and apartments.

This statistic shows the average hotel price in New York in the United States as of December 2014, sorted by star rating. According to the GoEuro Accommodation Price Index, a five star hotel cost an average of 669 U.S. dollars per night.

This statistic shows the average daily rate of hotel and Airbnb rooms in New York City between September 2014 and August 2015. During that time, the average daily rate of New York City hotel rooms was 276.08 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.

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.

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.

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 quarterly average daily rate of hotels in San Francisco in 2016 and 2017. In the first quarter of 2017, the average daily rate of hotels in San Francisco in the United States was 338 U.S. dollars.

Accommodation in San Francisco - additional information

San Francisco is located in northern California on the west coast of the United States and is the second most densely populated city in the country after New York City. The highest average daily hotel rates in San Francisco was seen in the first quarter of 2017 at 338 U.S. dollars. This represented an increase in average daily rate of around 14 U.S. dollars compared to the same quarter in the previous year.

In 2016, 3.93 million people from overseas visited San Francisco, spending 5.9 billion U.S. dollars there. The city is also popular with U.S. travelers who ranked the destination fifth on a list of domestic cities they would most like to visit – perennial favorites are Las Vegas and New York. It is not, however, always cheap to stay in San Francisco. For business travelers, it was the second most expensive destination in the U.S. with an average cost per day of more than 530 U.S. dollars in 2016.

As of May 2013, San Francisco was one of the top U.S. cities associated with food tourism. It is also home to two of the most visited tourist attractions worldwide: Golden Gate Park and Pier 39. According to 95 percent of locals, people are very welcoming to tourists there.

As of July 3, 2020, properties with four or more bedrooms in New York had the highest average daily rate (ADR) on Airbnb, at 477 U.S. dollars. Shared rooms in New York had the lowest ADR, with around 39 U.S. dollars. Average daily rates for Airbnb are calculated based on the median (50 percent) average rental price of that type of property. For example the Airbnb supply shows there are 1,195 listings for a studio in New York - the data therefore indicates the average rate of the 597th cheapest property.

In the last quarter of 2024, New York registered the highest hotel prices for business travelers among major U.S. cities. On average, a business visitor in the 'Big Apple' could spent around 479 U.S. dollars on hotel accommodation per day.

This statistic shows the daily cost of hotels in the most popular domestic city destination in the United States in summer 2015. In New York City, the average daily rate of hotels was 310 U.S. dollars per night during the summer travel season in 2015. The average daily rate for the entire U.S. hotel industry reached 113.42 U.S. dollars in 2014.

This statistic shows the average daily rate of Airbnb properties by room type in the United States in 2015. The ADR of a private room in an Airbnb residence in the U.S. was 80.67 U.S. dollars.

Airbnb - additional information

Founded and headquarted in San Francisco in 2008, Airbnb is an accommodation platform which allows users to list, find and rent apartments for short-term vacation stays. The name ‘Airbnb’ was inspired by the air mattress the founders rented out in their apartment, due to the soaring demand for affordable accommodation in San Francisco. From that one air mattress the company has grown to have over two million listings for beds, rooms, apartments as well as a wealth of unusual accommodation options including tents and boats.

As of September 2015, the city with the most Airbnb units, which were actively being rented, was New York City with 22,876 active units. This was almost 10,000 units more than Airbnb's second largest market Los Angeles. The revenue of Airbnb generated in New York City had grown annually between 2010 to 2015, from a mere 13.3 million U.S. dollars to an estimated 451.4 million U.S. dollars. The growth of Airbnb in the city is expected to continue with revenue forecasted to reach 805 million U.S. dollars by 2018.

The benefits of renting accommodation through Airbnb in New York can be seen by the relative difference in average daily rate (ADR) when compared with hotels. In 2015, the ADR of Airbnb in New York was around 40 percent less than the ADR of hotels in the city, making it the market with the largest difference in ADR. The ADR difference in Los Angeles, Airbnb’s second largest market, was much less significant with the Airbnb ADR working out at 5.7 percent less than that of hotels. In fact, the ADR of hotels for the United States as a whole, was found to be 25 percent cheaper than that of Airbnb.

In 2023, Americas Best Value Inn was ranked the best budget hotel brand in North America with a customer satisfaction index score of 637 points. Microtel Inn & Suites by Wyndham ranked second with a score of 637. Other high-ranking brands on the list included Surestay Hotel by Best Western and Howard Johnson by Wyndham.

Highest-rated luxury hotel brands

The Ritz-Carlton hotel brand ranked 12 points lower than the satisfaction score of North America’s highest-rated luxury hotel brand in 2023: Waldorf Astoria. During that year, Waldorf Astoria received a satisfaction score of 788. The average customer satisfaction score for luxury hotel brands was more than 200 points higher than the average economy score.

Most expensive cities for business travel

Daily hotel costs can differ substantially, depending on the city one is visiting. In 2022, the most expensive cities for business travel in the United States were New York, San Francisco and Boston, respectively. Beyond the U.S., the most expensive cities for business travel worldwide included New York, Boston, and Lagos that same year.

New York was the most expensive U.S. city for business travelers in the last quarter of 2024, with the daily cost of accommodation, food, and car hire totaling 660 U.S. dollars. In the second place was Boston, where business tourists spent around 480 U.S. dollars each day on average.

This statistic shows the most expensive cities for hostel bookings worldwide as of December 2014. According to the GoEuro Accommodation Price Index, New York was the most expensive city with an average cost of 65 U.S. dollars per night.

Ambulatory healthcare was the type of building with the highest construction costs in Ontario (Canada) in 2023. The cost of that type of building ranged from 7,110 to 8,750 Canadian dollars per square meter. Townhouses with mid-end specifications were, along with warehouses, among the cheapest buildings to construct, even though the townhouse sale price in Canada was much higher in 2023 than in a decade earlier. On the other side of the residential spectrum, the construction cost of high-rise buildings with mid-end specifications could reach up to 5,370 Canadian dollars per square meter. The housing sector in Ontario The fast population growth in Toronto, the main city in Ontario, has put pressure on its housing market. From 2001 to 2022, the number of people living in Canada’s largest city increased by over 37 percent. During the past years, house prices in Ontario rose at a similarly fast pace. Combined, these elements signal a strong demand for homes in Toronto and Ontario as a whole. The construction sector has responded to this trend: In 2022, most housing starts in Canada took place in the province of Ontario. That same year, EllisDon Corporation, with headquarters in Mississauga (Ontario), was the second-largest contractor in Canada. One of its largest residential/mixed-use projects under development is the 489-539 King St. West Development, in Toronto. Construction cost in North America Building construction costs in Quebec, the second most populous province in Canada after Ontario, had a similar cost range: Ambulatory healthcare buildings were the most expensive, and warehouses were the cheapest to build. However, enclosed malls and higher education buildings were significantly more expensive in Quebec than in Ontario. Across the border, the cities with the highest residential construction costs in the U.S. were San Francisco for multi-family housing, and New York City for single-family housing. Meanwhile, Los Angeles, San Francisco, and New York had the highest hotel construction costs in the U.S.