Average corporate hotel rates showed a year-on-year increase for the first half of 2013 in the majority of global markets, according to Hogg Robinson Group’s interim hotel survey.
In many cases, however, overall growth lagged behind the travel management company’s forecasts.
Of the top 50 cities worldwide, 35 showed a rise in average room rates, but many failed to meet market expectations.
Moscow still has the most expensive corporate hotel rates in the world – a title it has retained for the past ten years.
