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Moscow Still Has Top Hotel Rates

Moscow continues to top the chart of the world’s most expensive travel destinations, according to a report published by the British travel services company Hogg Robinson Group on Thursday.  

Moscow dominates the top 10 with an average room rate of £268 ($447), trumping Abu Dhabi with £253 and Paris with £203.

For the first time since it entered the survey, Moscow experienced a year-on-year decline in the rate as the financial crisis took a heavy toll on tourism in Russia.

Though prices of hotel rooms have fallen in many other cities, Moscow’s decline of 14 percent is one of the sharpest, rivaled by that of Mumbai, where terrorist attacks took place last year.

Next year, Moscow is expected to lose its title to runner-up Abu Dhabi, which shot up abruptly from No. 8 with a 38 percent rise in the average room rate.


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