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New York is the most expensive destination in the world to look forward to the New Year

New York is the most expensive destination in the world to stay on New Year’s Eve, according to a survey by CheapHotels.org.

The study compared hotel prices in 50 major cities around the world. For each destination, the price of the cheapest double room available for a 3-night stay from 30 December to 2 January was recorded. Only centrally located hotels with at least three stars and generally positive guest reviews were considered.

At $312 a night for the cheapest room, New York City tops the chart. Miami, another US destination, is the second most expensive with a nightly rate of $297, while Sydney (Australia) rounds out the podium with rates just a couple of dollars cheaper.

London (UK) appears as the most expensive European city with a rate of $275 per night, ranking 4th overall. Topping the list among Asian destinations is Tokyo, Japan, where you’ll have to shell out $232 a night.

Compared to New Year’s Eve 2021, when travel to certain destinations was still heavily impacted by COVID-19 restrictions, Tokyo fares are more than 300% more expensive this year. Another destination that has seen a significant increase in fares is Marrakech in Morocco, where prices have more than tripled from a year ago.

The table below shows the 10 most expensive destinations in the world to stay on New Year’s Eve this year. The prices indicated reflect the nightly rate of the most convenient double room for the period between December 30th and January 2nd.

NYC $312
Miami Beach $297
Sydney $295
London $275
Nashville $257
Edinburgh $234
Tokyo $232
Dubai $230
Cancun $217
Venice $214

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