Reuters | Capri, Geneva and New York top the list for the most expensive hotel rooms, according to a global survey that showed hotel rates rising for the first time in three years as the global economy picks up.
Hotel provider Hotels.com's bi-annual hotel price index, released on Tuesday, found that although average hotel room rates are at low levels seen six years ago, there are hints of a recovery. (...)
Overall, prices rose about 2 percent in the second quarter of 2010 from a year ago, the first increase since the end of 2007, as business travelers and tourists started packing their bags again and heading out. (Photo courtesy of Capri Tourism)