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The price of luxury accommodation: Where Canadians splurge and save

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Written by editor

TORONTO, Canada – In Canada or the United States, staying exclusively in five-star accommodation isn’t the most economical option.

TORONTO, Canada – In Canada or the United States, staying exclusively in five-star accommodation isn’t the most economical option. But don’t fret, budget-conscious travellers can experience luxurious hotels frequented by the rich and famous without breaking the bank when travelling outside of North America.

For less than $200 a night, Canadian travelers could stay in five-star hotels in Warsaw, Berlin and Mumbai in the first half of 2015, according to the latest Hotel Price Index (HPI). Four-star hotels in the Polish capital also offered travelers great value, reporting the fourth largest decrease (17 percent) as compared to the first half of 2014 in the average price paid of $97.

Cities where Canadians paid the least for 5-star hotels per night in the first six months of 2015

Rank City Price

1 Warsaw $148
2 Berlin $193
3 Mumbai $198
4 Bangkok $202
5 Moscow $202
6 Istanbul $204
7 Jakarta $207
8 Delhi $207
9 Lisbon $209
10 Brussels $210

Deal Destinations: Cities where high-end hotel price paid per night fell the most for Canadian travelers in the first half of 2015

Rank City Star rating Price % change

1 Moscow 4 $134 -41%
2 Sao Paulo 4 $152 -30%
3 Moscow 5 $202 -24%
4 Warsaw 4 $97 -17%
5 Nice 4 $237 -16%
6 Istanbul 4 $120 -16%
7 Rio de Janeiro 4 $233 -16%
8 Paris 4 $250 -13%
9 Rome 5 $392 -13%
10 Dubai 5 $300 -12%

Los Angeles, Montreal, Tokyo, Honolulu and Miami, were on the other end of the spectrum. In these cities, Canadian travelers dropped the most coin on high-end accommodation, with prices paid reported at upwards of $600 a night.

Cities where Canadians paid the most per night for 5-star hotels in the first half of 2015

Rank City Price

1 Los Angeles $730
2 Montreal $629
3 Tokyo $607
4 Honolulu $606
5 Miami $601
6 Venice $572
7 Cancun $540
8 San Francisco $529
9 Paris $519
10 London $518

The HPI is a regular report of hotel prices in major destinations across the world, tracking the movement in prices that people actually paid for their accommodation and providing valuable insight into the reasons behind these changes.

– All prices in Canadian currency. Average prices paid per night inclusive of taxes and fees from January 1 โ€“ June 30, 2015.