Dubai Rank as Priciest Cities in World for Hotels

World travelers looking for a cheap place to stay may want to avoid Geneva, Dubai and Miami.
The three cities rank among the most expensive markets for hotel rooms, according to an index compiled by Bloomberg. In Geneva, the average cost for a night is $308, followed by Dubai at $273, Kuwait City at $253 and Zurich at $250. Miami is next as the costliest place for lodging in the U.S., at $245 a night.
Room costs are pushed up in high barrier-to-entry markets where developable land is scarce and the number of hotels limited, as well as by a relatively affluent customer base. In cities such as Edinburgh, which ranks above London, a limited supply of lower-end rooms pushes up expenses for visitors.