201412090800PR_NEWS_USPR_____enUK201412052501B 20141209T080000-0500 prnewswire.com 20141209 enUK201412052501B 1 urn:newsml:prnewswire.com:20141209:enUK201412052501B:1 20141209T080000-0500 20141209T080000-0500 MimeType/@FormalName 4 US Cities Among the World's Most Expensive for Hotels & Airbnb According to 2014 Accommodation Price Index BERLIN, December 9, 2014 bc-GoEuro-travel-Price-I 201412090800PR_NEWS_USPR_____enUK201412052501B.xml 4 US Cities Among the World's Most Expensive for Hotels & Airbnb According to 2014 Accommodation Price Index

4 US Cities Among the World's Most Expensive for Hotels & Airbnb According to 2014 Accommodation Price Index

PR Newswire

BERLIN, December 9, 2014 /PRNewswire/ --

As part of the travel price index series, GoEuro.com has compiled an impartial accommodation price index covering 150 cities and over 60,000 properties to understand the effect of new trends in accommodation on the hotel industry. The increasing popularity of Airbnb and continued growth of the hostel industry are now important factors for travellers considering where to spend the night.

     (Photo: http://photos.prnewswire.com/prnh/20141209/720098-a-INFO )

  • New York is the most expensive city overall, Tirana, Albania is the cheapest
  • In total there are 6 US cities in the list
  • The new sharing economy is increasing the diversity of the accommodation industry, and hotel alternatives are being increasingly embraced by millennials

For the full ranking and data, click here: http://www.goeuro.com/accommodation-price-index.

How do US cities rank in the world? 


   
    City          Rank

    New York        1
    Miami           4
    Boston          6
    San Francisco   9
    Washington DC  23

Most Expensive Overall: 


   
    City          Rank

    New York        1
    St Moritz       2
    Macao           3
    Miami           4
    Nassau          5
    Boston          6
    Venice          7
    Dubai           8
    San Francisco   9
    Monte-Carlo    10

Least Expensive Overall: 


   
    City          Rank

    Tirana          1
    Hammamet        2
    Sofia           3
    Cairo           4
    Antalya         5
    Bangkok         6
    Bucharest       7
    Warsaw          8
    Belgrade        9
    Shanghai       10

All prices were calculated over the same date range for the same amount of guests. Prices were converted from local currency using the Bloomberg exchange on 17/11/14.

 

SOURCE GoEuro travel GmbH