Business travelers find world’s most expensive hotels in Moscow, Lagos, and New York City
Photo Credit: People gather in the Russian capital Moscow near the city's city hall, or duma. Flickr / Stanislav Stankovic
Skift Take
Traveling to Brazil is a win-win for business travelers where they can find an emerging economy with relatively low room rates; a trend that will fade in the coming four years as capacity grows in preparation for the World Cup and Olympics.
The list of cities with the most expensive hotel rooms in 2012 is led by Moscow, Lagos, and New York City. Moscow takes the title for the world's most expensive hotel rooms for the ninth year in a row after a 4 percent increase last year. Room rates around the world increased an average of 1.4 percent in 2012, according to the annual hotel survey from HRG. Although the costs are increasing, the trends are no longer perceived along regional or even national borders. Individual cities are gaining more im
