New York City Is the Most Expensive New Year’s Eve Destination

Most Expensive New Year's Eve Destination

New York City Is the Most Expensive New Year’s Eve Destination

New York City has been crowned as the world’s most expensive destination for overnight stays this New Year’s Eve.

A survey by Cheaphotels.org compared hotel prices across 50 major cities. For each destination, the rate for the cheapest available double room for a 3-night stay from December 30 – January 2 was documented. Only hotels with a central location, with three stars or more, and with generally good guest reviews were considered.

With a nightly rate of $312 for the cheapest room, the Big Apple came out top of the rankings. Another US destination, Miami in Florida, emerged 2nd with a nightly rate of $297, while Sydney, Australia completes the podium with a marginally cheaper rate of $295.

London, UK is the priciest European city with a rate of $275 per night, placing it 4th overall. The most expensive Asian destination is Tokyo, Japan where visitors will have to pay $232 per night.

Compared with New Year’s Eve last year, when travel was still heavily impacted by the COVID-19 pandemic, Tokyo’s rates are more than 300% pricier this time around. Another destination where rates have shot up compared to a year ago is Marrakech in Morocco, where prices have more than tripled. For the results of last New Year’s Eve survey, please click here.

Most Expensive Destinations

The following table compares 50 destinations in the world for hotel stays on New Year’s Eve this year. The rates shown next to each destination reflect the nightly rate for the cheapest available double room for the period December 30 – January 2.

  1. New York City $312
  2. Miami Beach $297
  3. Sydney $295
  4. London $275
  5. Nashville $257
  6. Edinburgh $234
  7. Tokyo $232
  8. Dubai $230
  9. Cancun $217
  10. Venice $214
  11. New Orleans $214
  12. Rio de Janeiro $210
  13. Las Vegas $205
  14. Honolulu $196
  15. Toronto $195
  16. Amsterdam $194
  17. Rome $180
  18. Vancouver $165
  19. Paris $165
  20. Los Angeles $161
  21. Madrid $147
  22. Taipei $145
  23. Barcelona $144
  24. Copenhagen $144
  25. San Francisco $140
  26. Montreal $140
  27. Berlin $139
  28. Chicago $137
  29. Seattle $135
  30. Melbourne $132
  31. Singapore $129
  32. Lagos $124
  33. Marrakech $121
  34. Seoul $115
  35. Cape Town $112
  36. Punta Cana $95
  37. Mumbai $84
  38. Hong Kong $72
  39. Doha $59
  40. Wellington $59
  41. Nairobi $59
  42. Buenos Aires $57
  43. Shanghai $54
  44. Macao $52
  45. Phnom Penh $48
  46. Kuala Lumpur $48
  47. Kairo $48
  48. Bangkok $39
  49. Hanoi $34
  50. Bogota $26

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