Global hotel solution provider HRS recently released global hotel price monitoring data，Provide market reference for corporate business travel hotel procurement and employee travel booking。Statistical data is mainly based on orders from 40,000 HRS global enterprises and some casual users in the third quarter。Result display，The average price of 1-5 star hotels in major cities in China showed a downward trend in the third quarter compared with the same period last year，Only Hangzhou and Hong Kong increased year-on-year。The average global hotel price pattern has not changed significantly，Compared to Q2，Highest price、The lowest cities are basically the same，Only London falls out of the top five most expensive cities，Shanghai replaces Sao Paulo，Entered into the top five cities with the lowest hotel prices in the world。

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Among the major cities in China that are counted，188bet Online Sports Betting and Casino The city with the lowest average hotel price in the third quarter is Guangzhou，Only RMB 458。Followed by Xiamen and Xi’an，The average hotel price in the third quarter was 488 yuan，495 yuan。Shenzhen, which is in the same province as Guangzhou，The average hotel price reaches 585 yuan，Following Beijing (608 yuan) and Shanghai (638 yuan)，Ranked third in mainland China。Mr. Shi Nanfei, Managing Director of HRS Greater China, believes that this is related to the rapid development of Shenzhen’s economy，As the second largest city in Guangdong by GDP，Shenzhen has been growing rapidly in recent years，The gap with Guangzhou is gradually narrowing。Based on national and Guangdong Province data，Shenzhen’s GDP in the third quarter of 2016 was 8.The growth rate of 7% ranks first in the province，The gap with Guangzhou has shrunk to less than 27 billion yuan。

Judging from price changes，The average hotel price in many major cities in China fell year-on-year in the third quarter，The biggest decline was in Shenzhen (-11.4%），Xiamen (-11.00%），Beijing (-8.00%）。Mr. Shi Nanfei pointed out，The decline in average hotel prices in major cities in China in the third quarter is mainly due to two reasons: First, the hotel occupancy rate is low，Market supply exceeds demand。According to data published on the website of China Tourist Hotels Association，2016 7、8、9 in three months，The average occupancy rate of hotel rooms in China has shown a slight downward trend year-on-year，Down by 0 respectively.6%，1.06%，188bet sports betting app download 0.51%。Secondly，In popular business travel destinations，A large number of corporate negotiated rates and HRS business travel rate orders have also led to a decline in the average hotel price to a certain extent。Take Shenzhen as an example，As Shenzhen’s status as a business travel destination increases，Corporate business travel bookings increased significantly，HRS’s corporate orders in the third quarter increased by more than 70% compared with the same period last year，The impact on the average price reduction of hotels in Shenzhen is obvious。

From a month-on-month perspective，The average hotel price in most cities in China is on the rise，The third quarter is higher than the second quarter。Dalian and Qingdao have the largest increases，Above 10%。Only the average hotel prices in Xi'an and Shanghai showed a downward trend from the previous month。The average hotel price in Xi'an in the third quarter dropped by 18% compared with the second quarter.79%，Becoming one of the cities with the lowest average hotel prices within the statistical scope。

According to statistics，The average hotel price in Hangzhou in the third quarter bucked the trend year-on-year increase 4.6%，Becomes the only city in mainland China where the average hotel price has increased，Rising more than Hong Kong’s 0.6%。Mr. Shi Nanfei thinks，G20 has a significant impact on the average hotel price in Hangzhou，On the one hand, due to changes in supply and demand，On the other hand, many hotels took advantage of the G20 opportunity 188bet sports betting app download to carry out renovations、Upgrade，causing price increase。

Average price of 1-5 star hotels in major cities in China

(The price listed is the average price of hotels with uncancelled orders，Public prices and corporate prices are both included)

Global: London fell out of the top five, Shanghai and Beijing were at the bottom

Globally，The overall pattern of average hotel prices in major cities has not changed much。The lowest average hotel price in Kuala Lumpur，You only need to spend RMB 495 to stay in Kuala Lumpur for one night。Followed by Bangkok (525 yuan)、Beijing (608 yuan)、Moscow (623 yuan) and Shanghai (638 yuan)。The average hotel price in Sao Paulo increased by 8% in the third quarter compared with the previous quarter.64%，Out of the top five cheapest cities in the world，Replaced by Shanghai。

The average hotel price in New York is still the most expensive in the world，The average price of 1-5 star hotels is as high as 1913 yuan。Followed by San Francisco (1853 yuan)，Chicago (1395 yuan)，Tokyo (1373 yuan)，Singapore (1305 yuan)。London ranked among the top five most expensive cities in the second quarter (second quarter 1,301 yuan) fell out of the top five，Replaced by Singapore。

Bangalore (+16.8%），Miami (+11.5%），Madrid (+10.2%），Buenos Aires (+7.3%），Tokyo (+7%) was the five cities with the largest increase in average hotel price in the third quarter。The cities with the largest global hotel price declines in the third quarter include Rio de Janeiro (-23%)，Saint Paul (-21.4%），Mexico City (-15.2%），London (188bet app -14.1%），Dubai (-11.3%）。

Average price of 1-5 star hotels in major cities around the world

（The price listed is the average price of hotels with uncancelled orders，Public prices and corporate prices are both included)