The Hogg Robinson Group (HRG), a travel service provider, recently released their bi-annual survey and according to their study of the first half of 2012, Latin American cities have shown a sheer rise in room rates. Mexico City, Rio de Janeiro, and Sao Paolo have all shown 30%, 15%, and 23% rise in average room rates in the first half of 2012. And the Moscow is still at the top list for most expensive rooms, the rate of increase of the room rates is a mere 3%. Moscow is followed by a Lagos, Nigeria. As the rate at which Latin American cities are increasing their rates, it won’t be long before one of these cities will be foremost the list of the most expensive hotel rooms across the world.
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