Tag Archive for: HGR Hotel Report

What City Has the Third Most Expensive Hotel Rooms in the World?

bryant park exteriorIt’s not your imagination. Hotel rates in New York City have gone up.

In fact, they’re third highest in the world – just behind Moscow (priciest for the ninth year) and Lagos. So says the newly released hotel survey from Hogg Robinson Group (HRG), which compared rates for 55 international cities. The New York average is $341.59 a night, up 4 percent from 2011. That uptick reflects confidence in the financial sector, a good thing until you have to swipe your credit card. Read more