The survey compared hotel rates across 60 major cities globally, focusing
on the cheapest available double room for a three-night stay from December 30
to January 2. Only centrally located hotels rated at least three stars were
included in the analysis, providing a consistent benchmark for year-end pricing
trends.
With a minimum rate of $1,187 for the three-night period, Miami Beach
topped the rankings. According to the survey, this represents a 197% increase
compared to regular hotel rates in January, underlining the significant premium
travelers are paying to spend New Year’s Eve in the city.
Completing the top three are Rio de Janeiro and New York City, with minimum rates of $1,172 and $1,164 respectively for the same three-night stay. Both destinations continue to demonstrate strong demand during the festive period, driven by large-scale celebrations and international appeal.
The survey also highlights notable year-on-year changes compared to 2022,
when the study was last conducted. In percentage terms, hotel rates increased
the most in Bangkok, where New Year’s Eve prices are up by 94%.
Significant increases were also recorded in Copenhagen (+67%)
and Vienna (+85%), reflecting strong post-pandemic demand
in key urban destinations.
In contrast, the steepest price decline was observed in Phnom Penh, where hotel rates have fallen by more than 60%
compared to three years ago. At an average of just $20 per night, Phnom Penh is
also the least expensive city in the survey for spending New Year’s Eve,
positioning it as a highly affordable alternative during the peak festive
period.
1. Miami Beach $1,187
(+197%)
2. Rio de Janeiro $1,172
(+284%)
3. New York City $1,164
(+218%)
4. Edinburgh $1,040
(+316%)
5. Sydney $1,035
(+248%)
6. Vienna $994 (+257%)
7. Cancun $987 (+116%)
8. Amsterdam $924 (+165%)
9. Copenhagen $814
(+110%)
10. Paris $796 (+74%)
The survey concludes with a ranking of the world’s ten priciest
destinations for New Year’s Eve accommodation, showing both absolute prices and
the percentage increase compared to standard January rates. For travel trade
professionals, the findings offer a clear snapshot of seasonal pricing
pressure, demand concentration, and shifting value dynamics across global city
markets during one of the busiest travel periods of the year.
Tags: Survey Cheaphotels.org Miami Beach