The most expensive New Year's Eve destinations in the world

Updated: December 28, 2018

Travellers planning to spend this New Year’s Eve in Miami Beach are facing the most expensive hotel rates anywhere in the world, a new survey has shown. According to the survey by Cheaphotels.org, the vibrant South Florida island city is the priciest destination for the period around New Year’s Eve, with a nightly rate of $281 ($843 for three nights).

The survey compared hotel prices in 50 cities around the globe. For each destination, the rate for the cheapest available double room for a 3-night stay from 30 December – 2 January was determined. Only hotels with a city centre location, with 3 stars or more, and with average positive guest reviews were included in the survey.

After Miami Beach, the second and third most expensive destinations for New Year’s Eve according to the survey are Sydney and Dubai, where visitors will have to dig deep to pay for rates of $274 and $272 per night, respectively. Other US destinations to feature in the top ten include New Orleans ($269), New York City ($224) and Nashville ($216). For those seeking cheaper options, fellow US cities Seattle and Chicago are offering more palatable average rates of $116 and $105, respectively.

When it comes to destinations that have hiked their rates by the largest amount this New Year’s Eve, the Taiwanese capital of Taipei tops the bill with nightly prices of $175 for the most affordable room around New Year’s Eve – nearly 500% more than an equivalent stay in January.

Also responsible for a major rate hike is the Scottish capital of Edinburgh, where visitors will have to cough up an average of $204 (+423%) to stay in the city for its world famous Hogmanay celebrations.

The most affordable destination according to the survey is Bogota, the capital of Columbia in South America, where you can find hotel rates of just $27 per night around New Year’s Eve. Other options that will go easy on the pocket include the capital cities of Buenos Aires in Argentina, Kuala Lumpur in Malaysia, Doha in Qatar and Hanoi in Vietnam, where you should find rates of less than $50 per night.

The table below compares 50 destinations for accommodation around New Year's Eve. The prices displayed reflect the rate for the cheapest available double room for the period 30 December - 2 January. The percentage increase compared with average rates in January for the same destination appears in brackets.