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Thursday, 23 May 2013

LAGOS second most expensive city to stay in a hotel


In a survey of about 50 major travel destination Lagos state comes second on most expensive cities for a hotel room coming behind Russia who have maintained the top spot for over a decade. Here is how CNN reported it..
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. 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. Travel marketer Viacheslav Shirokov 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.


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

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