I am always surprised how hard it can be to book a hotel room when they constantly seem to be full… clearly I am in the wrong industry. Especially as there are an estimated 13.4 million of them in the world (Source STR Global Feb 2102)
So where are all these rooms?
North America accounts for 5.6 million hotel rooms – 41% of total rooms.
Europe comes in second place with 4 million rooms, or 29.7% of total rooms,
Asia in third place (but gaining fast) with 2.9 million or 21.6% of rooms
North America also ranks No. 1 when it comes to the percentage of hotel rooms (66%) marketed under well-known chain names such as Hilton, Marriott, Westin, and Hyatt.
But the cities that will set you back the most for staying a night (based on average nightly rate) are -
1. Moscow $422
2. Geneva $375
3. Zurich $340
4. Paris $321
5. Stockholm $310
6. Washington DC $306
7. Sydney $304
8. Istanbul $303
9. Oslo $298
10. New York $265