(February 23, 2017) Recently, global hotel solution 188bet online sports betting provider HRS released 2016 hotel price monitoring data，Provides reference for business travelers and corporate business travel management。Based on statistics of all 1-5 star hotel orders actually completed by HRS global users，New York has the highest average hotel price among major cities in the world，Approximately 1,759 yuan/room night，Kuala Lumpur is at the bottom with NT$467/room night。Judging from the range of changes，Seoul hotels increased by as much as 32.50%，First in the world。Rio de Janeiro has the largest decline，approximately -19.90%。In comparison，Hotel prices in major cities in China are relatively stable，Change range is -9.3% and +11.between 3%。

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HRS data display，Asia-Pacific City Seoul、Bengaluru and Tokyo average hotel prices led the world in 2016。The city with the largest decline is Rio de Janeiro、Mexico City and London。

Ms. Jiang Jun, Vice President of HRS Asia Pacific pointed out，The Asia-Pacific region ranked among the top three in terms of average hotel price increase in the world in 2016，This is closely related to the rapid development of the business travel market in the Asia-Pacific region。The Asia-Pacific region covers some of the world’s largest developed and emerging economies，Is one of the most dynamic regions in the global economy，Strong demand for business travel。In GBTA Foundation report，China、Japan、Both South Korea and India are among the top ten business travel markets in the world。

2016，The average hotel price 188bet app in Seoul increased by 32.5%，reached 1,219 yuan/room night。Ms. Jiang Jun thinks，After MERS in 2015，South Korea’s tourism industry is recovering，According to data from Korea Tourism Organization，In 2016, South Korea’s inbound tourism increased by 33% year-on-year.1%。Coupled with the large influx of Chinese tourists and the driving demand for business travel throughout the Asia-Pacific region，Seoul became the major city with the highest average hotel price increase in the world in 2016。

The average hotel price in Bengaluru, the IT center city of India, increased by 16% in 2016.2%。This growth momentum is expected to continue in 2017。

Tokyo remains the city with the highest average hotel price in the Asia-Pacific region，The average hotel price increased by 11% year-on-year in 2016.7%，Already reached 1,394 yuan/room night。“This upward trend may continue until the Tokyo 2020 Olympic Games。" Ms. Jiang Jun said。

Affected by the economic recession，The average hotel price in Rio de Janeiro, Brazil fell by 188bet online sports betting 19% in 2016.9%，From 1102 yuan/room night in 2015 to 883 yuan/room night in 2016。

Due to factors such as the depreciation of the peso and the US presidential election，Mexico’s GDP growth may drop to 2 in 2016.1% (2 in 2015.5%），The average hotel price in Mexico City fell by 11% year-on-year this year.4%，To RMB 796/room night。

Although London is still one of the most expensive cities in the world (1,256 yuan/room night)，But，Affected by factors such as Brexit，London hotel average price fell 9% year-on-year in 2016。

Hotel prices in major cities in China have remained relatively stable and slightly decreased

In comparison，Hotel prices in major cities in China are relatively stable，Change range is -9.3% and +11.between 3%。And the average price of hotels in most cities has shown a slight decline。Shenzhen，Suzhou，Beijing hotel prices have dropped the most，9 respectively.3%，8,2%，8%。Only Hangzhou and Hong Kong saw average hotel price increases in 2016，Hong Kong rose slightly by 1 in the interim 188bet app download period.9%。Hangzhou rose 11.3%。

Shanghai，Beijing，The average hotel price in Shenzhen is still the highest in mainland China。Shanghai reaches 642 yuan/room night，The second is Beijing，About 591 yuan/room night，The average hotel price in Shenzhen is 569 yuan/room night。The pattern of cities with the lowest average hotel prices has changed slightly，Guangzhou、Xi’an is still among the cheapest cities，The average price is 438 yuan/room night，489 yuan/room night。As the average hotel price in Suzhou dropped by about 8.2% to 489 yuan/room night，Replacing Hangzhou as one of the cities with the cheapest hotels。