The St. Regis Is Now NYC's Most Expensive Hotel
By: Robert Diamond May. 07, 2013
The St. Regis Hotel has just earned the distinction of being the most expensive hotel in New York City. A new survey from NewYorkHotels.org has revealed this finding after comparing the hotel rates of all luxury hotels in NYC over the past 12 months.
The rate for a standard double room at each hotel served as the ranking's basis. As a result, it represented the minimum amount a guest had to pay to stay at a certain establishment. An overnight stay at the St. Regis during the studied timeframe cost visitors, on average, $823 per night for the most affordable room. That figure is slightly more expensive than the Mandarin Oriental, which came in second on the survey. An average nightly rate of $814 put it ahead of the Four Seasons. This third most expensive hotel in the Big Apple averaged $765 per night.
It bears noting that the rates are averages and varied significantly over the one-year time period. As Danielle Carter from NewYorkHotels.org states: "A room at the St. Regis was available for under $600 in August, yet the same room cost more than $1000 in early December. On average, all the luxury hotels are least expensive during July, when they are close to 30% cheaper than they are in September."
The following table shows the ten most expensive hotels in NYC. The rates listed reflect the average price for a standard double room at each hotel for the period spanning May 2012 to April 2013.
1. The St. Regis (2 East 55th St) $823
2. Mandarin Oriental (80 Columbus Circle at 60th Street ) $814
3. Four Seasons (57 E 57th Street ) $765
4. The Ritz-Carlton Central Park (50 Central Park South) $764
5. Trump International Hotel & Tower (1 Central Park West) $745
6. The Peninsula (700 Fifth Avenue at 55th Street) $744
7. Crosby Street Hotel (79 Crosby Street) $678
8. Hotel Plaza Athenee (37 E 64th Street) $646
9. The Setai Fifth Avenue (400 Fifth Avenue) $639
10. The Waldorf Towers (100 E 50th Street) $635
For the full results of the survey, check: http://www.newyorkhotels.org/press/luxury2013.html
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