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Tel Aviv, 14th priciest city in the world
Photo: Shutterstock

Tel Aviv, Jerusalem among priciest cities for hotel rooms

World Hotel Index compiled by Bloomberg shows Israeli cities are more expensive for tourists than Tokyo and Scandinavian capitals.

Jerusalem and Tel Aviv are among the 20 priciest cities in the world for hotel rooms, according to an index compiled by the Bloomberg financial and media company together with the International Monetary Fund and the Expedia travel website.

 

 

The list includes 106 main cities which include the headquarters of at least 10 public companies with a turnover of more than $1 billion a year, or a Bloomberg office and at least 50 hotels at a three-star level and higher.

 

The first city on the list is Geneva, where the average cost for a night is $308, followed by Dubai at $273 and Kuwait City at $253.

 

Zurich ranked fourth with an average hotel cost of $250, followed by Miami at $245, Hong Kong at $242 and Edinburgh at $241. London shares the eighth place with Singapore at $235, and the 10th place goes to New York, where the average cost for a night us $233.

 

Tel Aviv came in 14th with an average hotel cost of $223, and Jerusalem ranked 19th at $203. The last city on the list, in the 106th place, is Hanoi with an average hotel cost of $62 – about 25% of the price in Tel Aviv.

 

Jerusalem, 19th priciest city in the world (Photo: Shutterstock)

 

According to the World Hotel Index, the two Israeli cities are more expensive than Tokyo, Budapest, Stockholm, Los Angeles, Oslo, Toronto, Amsterdam, Helsinki, Milan, Munich, Copenhagen, Montreal, Prague, Vienna, Rome, Lisbon, Chicago, Berlin and many other popular cities around the world.

 

One of the reasons that the average cost for night in Tel Aviv or Jerusalem is so expensive is the large number of five-star hotels in these cities compared to cities in the world that have a variety of inexpensive hotels which push the average cost of a room down.

 

Former New York Mayor Michael Bloomberg visited Israel recently to accept the $1 million Genesis Prize in recognition of years of public service and philanthropic efforts. Some of the event's participants say he was amazed at the cost of hotel rooms in Israel.

 


פרסום ראשון: 06.04.14, 08:54
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