Revealed: world's most expensive cities for hotel rooms
Moscow saw average room rates of £260.68 ($422.81) in the first half of 2011, compared to £257.80 in the year-earlier year. The one percent rise made Moscow the world’s most expensive city by hotel rate
The small kingdom is among the most economically vulnerable of the GCC states, with high debt levels, low reserves and slow GDP growth. But it has identified jewels in its accelerating non-oil economy that will help it forge a new path for the future.