Moscow hotels world’s most expensive
Moscow hotels remained the world's most expensive for business customers for the sixth straight year, ahead of New York, Geneva, Paris and Zurich, in a survey of 2010 rates by Hogg Robinson Group, a British business travel agency.
The average Moscow room rate paid by a Hogg Robinson client last year actually slipped 3 percent to £258.67 ($415), the Basingstoke, England-based company said in an e-mailed report.
Doha, Qatar, was the only other city in the top 10 that saw a drop, while Zurich, Hong Kong and Stockholm rates surged more than 10 percent.
"More than half of the 75 cities we surveyed recorded room rate increases, reflecting the improving, albeit tentative, levels of business confidence," Margaret Bowler, director of global hotel relations, said in the report, which was published last week.
"Particular countries and regions are emerging quicker than others from recession, but there are definite signs of increasing room rates, which go hand in hand with increasing business travel."