The most expensive hotel in Europe is located in Geneva

A hotel room in Geneva will cost you more than anyplace else in Europe. This is the conclusion reached by the authors of a recent comparative research undertaken by PricewaterhouseCoopers, a consulting firm. Geneva is the most expensive city in the world, with an average nightly rate of 242.90 euros (288 francs or $ 300). Paris comes in second (232.30 euros per night on average), followed by Zurich (203.90 euros per night). Check the news The most expensive hotel in Europe is located in Geneva and more on Switzerland based Lifestyle Magazine- Kenleaks Magazine.

Geneva takes top position thanks to the Hotel President Wilson, where an overnight stay in a regal penthouse suite costs 80,000 Swiss francs! The most astonishing fact is that such hotel service charges for affluent visitors do not frighten Geneva at all, but rather the reverse.

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President Wilson Hotel Geneva

The average cost of an overnight stay at 42 Swiss Deluxe Hotels has climbed by 9.75 percent in the last year, with a total of 1,275,467 overnight stays recorded. During the same time period, the association’s commercial turnover climbed by 7.5 percent to 1.56 billion francs. Based on these findings, it is reasonable to conclude that Geneva visitors are unconcerned with the high expense of lodging in local hotels.

The percentage of visitors from Asia (excluding China) continues to expand, while the number of visitors from India, China, Germany, and the United States has climbed dramatically. According to PricewaterhouseCoopers, the pricey Swiss currency had a significant part in Switzerland becoming a nation with such expensive accommodations for tourists.

The Swiss Deluxe Hotels company states in a news statement that it is continually attempting to battle poor financial conditions, for example, by obtaining items and services from outside Switzerland, where costs for equivalent products might be three times higher than in Europe. Surprisingly, around 30% of Swiss hotel customers are residents who spend their vacations in another part of their native nation.

Check the news The most expensive hotel in Europe is located in Geneva and more on Switzerland based Lifestyle Magazine- Kenleaks Magazine.

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