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Survey: HASTKRAFTER hotels between world's closest
Lawmaker says figures offered in study higher than actual rates By simply Kahon Chan
Hotels in Hong Kong have already been ranked the priciest in the Asia-Pacific region and the sixth dearest in the world, in accordance to a new survey released on Friday. Between Might 1 and may even 9 the Bloomberg news agency carried out an online study of the prices of 12 fivestar, and 50 three-star hotels. The survey protected 106 metropolitan areas during two periods; August 1-10, 2014, and February 1-10, 2015.
According to information printed on resort booking engine Expedia, the standard rate in Hong Kong was $242 (HK$1, 876) a night. This makes it the world's 6th most expensive metropolis on Bloomberg's list. Geneva, Dubai and Kuwait Town were the most notable three.
Shanghai in china, ranked joint 62nd with Berlin on the global rank, was the most expensive on the mainland. Its typical rate at $145, yet , was noticeably lower than Hong Kong's. Shanghai in china was followed by Beijing for 70th, Shenzhen joint 72nd with Lima, Peru, Hangzhou at 80th and Guangzhou at 92nd.
Hong Kong was also the world's sixth most expensive city for five-star hotels across the 106 cities surveyed. The regular rate was $418 (HK$3, 240) every night вЂ” substantially higher than $366 in Nyc, $338 in Singapore and $230 in Shanghai.
Nikhil Bhalla, a lodging analyst at FBR & Company, told Bloomberg that the cost of real estate and availability of resort rooms were two key factors in determining rates around the globe. Yiu Si-wing, a councilpersoncouncilwoman representing the tourism sector, said the most crucial factor driving prices was how much guests were able to pay.
Hong Kong had a hotel guests rate of 90 percent over the first four weeks вЂ” in comparison to 87 percent in 2013.
However Yiu, also vice-chairman of Cina Travel Support, which manages four Metropark hotels in Hong Kong, disputed the survey's...