According to UK-based website Hotels.com, Hanoi currently ranks second and Ho Chi Minh City sixth among the top ten cities with the cheapest hotel prices.
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In 2013, the average hotel price in Hanoi was US$65.2 per night, down 20% compared to the previous year of US$81.9. Meanwhile, visitors to HCM City spent US$95.3 a night, an annual decline of 2%.
The cheapest hotel rate was recorded in Phnom Penh (Cambodia), at just US$55 a night. Siem Reap (Cambodia) finished third at US$70.2, followed by Chiang Mai (Thailand) at US$76.9, Pattaya (Thailand) at US$76.9, Riga (Latvia) at US$102, Bangkok (Thailand) at US$102, Krakow (Poland) US$103.6 and Vilnius (Lithuania) at US$107.
Meanwhile, the most expensive hotels were in Monte Carlo (Monaco) at US$331.1, followed by Muscat (Oman) at US$324.4, New York at US$309, Key West (USA) at US$285.9, Rio de Janeiro (Brazil) at US$279.2, Cancun (Mexico) at US$265.9, Moscow (Russia) at US$259.2, Boston (USA) at US$252.5, Cannes (France) at US$252.5 and Geneva (Switzerland) at US$250.8.
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