Cape Town has been ranked the 31st most expensive overall in the 2014 Accommodation Price Index.
As part of the travel price index series, GoEuro.com has compiled an impartial accommodation price index covering 150 cities and over 60 000 properties to understand the effect of new trends in accommodation on the hotel industry. The increasing popularity of Airbnb and continued growth of the hostel industry are now important factors for travellers considering where to spend the night.
New York is the most expensive overall, Tirana, Albania is the least expensive.
Cape Town ranked 26th most expensive for a hotel room, and 47th most expensive for an Airbnb property.
The new sharing economy is increasing the diversity of the accommodation industry, and hotel alternatives are being increasingly embraced by millennials.
Most Expensive Overall:
1. New York
2. St Moritz
9. San Francisco
Least Expensive Overall:
For the full ranking and data, click here.
Edited by Bryony Whitehead