London is revealed as the most expensive destination in the world for a city break, according to a TripAdvisor annual cost comparison study –TripIndex Cities – conducted ahead of the summer travel period by independent research firm, Ipsos Mori.
An evening out and overnight stay in a four star hotel for two in the capital will set you back an average of £311.80, over three times the price of a break in the world’s best value destination, Hanoi, Vietnam which comes in at an average of £91.70.
TripIndex Cities compares the cost of an evening out in 48 key tourist cities around the world, taking into account typical costs for two people to enjoy a pre-meal cocktail at a five star hotel, a meal out, taxis, and an overnight stay for two in a four star hotel during the summer travel months of June to August.
Hanoi, the second best value destination last year, knocks off Sofia, Bulgaria to take the top spot this year. While London hikes up six places to take the title from Oslo as the most expensive.
Europe, home to seven of the top 10, continues to dominate the most expensive list, although three Eastern European destinations feature among the 10 best value. Asian destinations top the best value list with five in the top 10.
“As consumers start to think about where to travel this summer, the TripIndex Cities list helps travellers to see where their pound goes the furthest. This year’s results show that Asian destinations are still the most affordable, while European destinations continue to top the most expensive list. However, Eastern European countries such as Bulgaria and Czech Republic seem to be bucking this trend so may serve as the best places for UK travellers looking for a city break that’s closer to home,” commented TripAdvisor spokesperson, James Kay.
“Travellers who still want to experience the most expensive cities don’t need to forgo their trips. They can find ways to reduce the cost of their trip by visiting the cities respective TripAdvisor destination pages (TripAdvisor London) where they can search for hotels and restaurants more in-line with their budget,” continued James.