ASIAN cities have become more affordable over the last year according to HRS’ Hotel Rate Development 2013 price comparison, though Bangkok and Taipei bucked the trend.
Comparing the Asian cities of Bangkok, Singapore, Tokyo, Kuala Lumpur, New Delhi, Seoul, Mumbai and Taipei, HRS noted that most Asian cities saw a dip in hotel rates between 2012 and 2013.
New Delhi saw the largest fall of 26.6 per cent to 43.20 euros (US$58.90), followed by Tokyo which dropped 18.7 per cent to 134.40 euros. Kuala Lumpur rates dipped 8.6 per cent to 57.80 euros while Singapore registered a mere 0.01 per cent change to 144.50 euros.
In contrast, Bangkok’s room rates jumped by 11 per cent to 64.90 euros while Taipei rates crept up 3.7 per cent to 111.80 euros.
Globally, HRS stated that New York is the global frontrunner in room rates with average per night accommodation at 187 euros, a 8.9 per cent increase over last year.
In second place is Rio de Janeiro at 179 euros despite dipping 3.6 per cent, while Sydney stakes third place with 174 euros after a 1.1 per cent decrease in rates.
