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The city with the world’s priciest hotels? No, it’s not Dubai.

By
Karen Goodwin
Karen Goodwin
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By
Karen Goodwin
Karen Goodwin
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December 22, 2014, 9:30 AM ET
A general view of Dubai's cityscape
A general view of Dubai's cityscape September 25, 2013. A stampede by competing apartment buyers in Dubai this week may have obscured signs that Dubai's latest real estate boom is more restrained than the last one, which pushed the government close to default. REUTERS/Ahmed Jadallah (UNITED ARAB EMIRATES - Tags: REAL ESTATE BUSINESS CITYSCAPE) - RTX145A9Photograph by Ahmed Jadallah — Reuters

Travelers need especially deep pockets in three cities boasting the costliest hotel stays in the world: Geneva, Dubai, and Kuwait City, according to a World Hotel Index compiled by Bloomberg. In Geneva, the average cost for a hotel night is $308, followed by Dubai at $273, Kuwait City at $253, and Zurich at $250. In the U.S., Miami (fifth on the list) is the costliest place for lodging, at $245 a night; New York is No. 10, at $233 a night, while San Francisco, 17th on the list, averages $211 a night.

This Executive Travel story appeared in the Dec. 22, 2014 issue of Fortune.

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By Karen Goodwin
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