HANOI IS BEST VALUE CITY BREAK DESTINATION FOR INDIANS,COST COMPARISON STUDY REVEALS

Mumbai is the fifth ‘best value city’ on the list

TripAdvisor’s TripIndex reveals the price of a three-day break in forty cities around the world

Hanoi is the best value destination in the world for a city break, according toTripIndex Cities, an annual TripAdvisor cost comparison study.

TripIndex Cities compares the cost of a three-night break during the summer travel months of June to August in 40 key tourist cities around the world, taking into account typical costs for two people. These include; a four-star hotel for three nights, a visit to three attractions, lunch each day, a taxi to and from dinner each day, plus the cost of dinner itself.[i]

It found that a three night trip for two in Hanoi will only set you back an average of INR 46645, excluding flights, nearly three times less than the price of a break in the world’s most expensive destination, Cancun, Mexico, which comes in at an average of INR 128627.

The study was conducted ahead of the summer travel period by independent research firm, Ipsos.

Head to South-East Asia for a bargain
When looking at the on-the-ground cost of a three-night city break, the 2015 TripIndex Cities report shows that travellers can find the best value in South East Asia, as four of the top ten cheapest destinations are located here; Hanoi, Bangkok, Kuala Lumpur and Manila take first, fourth, seventh and ninth places respectively.

Mumbai is the fifth most economical city 
The 2015 TripIndex Cities report places Mumbaias the fifth most budget friendly city after Hanoi, Warsaw, Sharm el Sheikh and Bangkok. The total cost of a three-night break in Mumbai comes to INR 53,911 with the most notable expense being the accommodation - at INR 23,091 for three nights, Mumbai is 39% more expensive than Hanoi. However, for the taxi ride it turns out to be cheaper than Bangkok, Sharm el Sheikh and Warsaw.   
Recommended value hotels and popular attractions in the five most expensive and best value destinations:

For travellers planning a trip to one of the five most expensive or five best value TripIndex Cities destinations, TripAdvisor has identified highly-rated value hotelswith availability to book on TripAdvisor this summer, as well as top-rated attractions in each destination[ii].
Top five most expensive TripIndex Cities 2015 destinations:
1.       Cancun, Mexico–Average nightly summer hotel rate: INR 24,100
Recommended value hotel on TripAdvisor: The Westin Lagunamar Ocean Resort Villas & Spa – Average nightly summer rate: INR 19,100

Three top-rated tours and activities: Can Cook in Cancun, Alma’s LDS Tours and Cancun Scuba Center

2.       Zurich, Switzerland – Average nightly summer hotel rate: INR 19,400
Recommended value hotel on TripAdvisor: 25hours Hotel Zurich West – Average nightly summer rate: INR 13,300


3.       New York City, USA – Average nightly summer hotel rate: INR 21,400
Recommended value hotel on TripAdvisor: The Leon Hotel – Average nightly summer rate: INR 15,700


4.       London, UK – Average nightly summer hotel rate: INR 20,200
Recommended value hotel on TripAdvisor: The Hide London – Average nightly summer rate: INR 10,400

Three top-rated tours and activities: Tally Ho! Cycle Tours, Shoreditch Street Art Tours and Mind the Gap Tours

5.       Punta Cana, Caribbean – Average nightly summer hotel rate: INR 21,100
Recommended value hotel on TripAdvisor: Iberostar Punta Cana – Average nightly summer rate: INR 14,000


Top five best value TripIndex Cities 2015 destinations:

1.       Hanoi, Vietnam – Average nightly summer hotel rate: INR 5,600
Recommended value hotel on TripAdvisor: Hanoi La Siesta Hotel & Spa – Average nightly summer rate: INR 4,900


2.       Warsaw, Poland – Average nightly summer hotel rate: INR 5,700
Recommended value hotel on TripAdvisor: Boss Hotel – Average nightly summer rate: INR 4,400


3.       Sharm el Sheikh – Average nightly summer hotel rate: INR 6,600
Recommended value hotel on TripAdvisor: Oonas Dive Club Hotel – Average nightly summer rate: INR 5,000

Three top-rated tours and activities: Nabq Tours & Excursions, Kite Junkies, Sheikh Coast Diving Center

4.       Bangkok, Thailand– Average nightly summer rate: INR 6,100
Recommended value hotel on TripAdvisor: Bangkok Loft Inn – Average nightly summer rate: INR 2,200

Three top-rated tours and activities: Empire Tailors, Chef LeeZ Thai Cooking Class in Bangkok and BKK Tours

5.       Mumbai, India – Average nightly summer rate: INR 7,800
Recommended value hotel on TripAdvisor: Hotel Regal Enclave – Average nightly summer rate: INR 6,500

TripIndex at a glance
From the least expensive to the most expensive (green and orange indicate least and most expensive destinations for each item respectively):
Cheapest:
Rank
Destination
Lunch & soft drinks for two (per day)
Dinner & bottle of wine for two (per day)
Taxi (2 mile round trip) (per day)
Tours & Activities for two (per day)
Hotel room rate(per night)
Total (three days)
1
Hanoi, Vietnam
1017.31
2889.68
261.28
5823.50
5556.48
46644.75
2
Warsaw, Poland
1256.17
4587.16
1274.59
3013.06
5568.87
47099.55
3
Sharm el Sheikh, Egypt
920.51
3316.47
369.54
6328.03
6484.11
52255.98
4
Bangkok, Thailand
1047.05
3794.84
661.57
5922.92
6036.58
52388.88
5
Mumbai, India
1330.00
3975.00
316.46
4651.69
7697.30
53911.35
6
Lisbon, Portugal
2266.06
3515.06
1613.36
3596.90
8262.48
57761.58
7
Kuala Lumpur, Malaysia
1501.81
4421.25
415.31
7175.95
5901.50
58247.46
8
Marrakech, Morocco
2999.05
5025.87
255.08
4668.38
6601.44
58649.46
9
Manila, Philippines
947.21
1951.19
735.67
7079.53
8930.46
58932.18
10
Berlin, Germany
1466.69
4348.33
1578.13
4862.33
7509.75
59295.69
Most expensive:
Rank
Destination
Lunch & soft drinks for two (per day)
Dinner & bottle of wine for two (per day)
Taxi (2 mile round trip) (per day)
Tours & Activities for two (per day)
Hotel room rate(per night)
Total (three days)
1
Cancun, Mexico
1937.80
5677.54
855.75
10635.27
23769.17
128626.59
2
Zurich, Switzerland
3929.62
9644.50
2940.25
5674.75
19126.43
123946.65
3
New York, USA
2715.43
8135.13
1654.63
6949.39
21086.33
121622.73
4
London, UK
3069.33
6953.29
2224.28
7753.47
19875.49
119627.58
5
Punta Cana, Caribbean
1809.88
5429.65
118.53
10145.99
20826.62
114992.01
6
Paris, France
3343.77
6359.23
1074.25
6309.03
17224.65
102932.79
7
Tokyo, Japan
2805.52
5564.50
1768.41
8099.52
15550.91
101366.58
8
Toronto, Canada
1961.78
6032.99
1527.99
5244.41
18039.38
98419.65
9
Dubai, UAE
3399.45
10630.22
648.90
9127.41
8551.93
97073.73
10
Singapore, Singapore
3924.25
9425.07
554.78
4990.64
13123.37
96054.33
Methodology
The TripIndex Cities 2015 destination list is comprised of 40 key cities within the top 40 most searched for countries by global TripAdvisor users over the past 12 months.

TripIndex Cities prices out the daily cost for the following items in each destination, multiplied by three to represent the cost of a three-day city break for two people. Within each establishment selected to the study and where the item was available, the prices of the following were identified by telephoning the establishment and asking for prices of:

·         Lunch:                    Meal and soft drink
·         Dinner:                  Starter, main meal and bottle of wine to share
·         Taxi:                        Return taxi journey of two miles each way
·         Tour/Activity:       Cost of a tour/activity
·         Hotel:                     Accommodation in a 4-4.5 star hotel

Research was conducted by Ipsos and prices were collected through telephone and web search.  Prices in each market were taken in local currencies between 27 March 2015 and 5 May 2015 and currency conversion rates were taken from xe.com on 10 May 2015.

Lunch for two:Prices specify the average cost of a traditional or common main meal for two people with a soft drink. Four restaurants with mid-range prices were contacted via telephone and/or email in each market.

Dinner for two: Prices specify the average cost of a traditional or common two-course meal (starter and main) for two people with a bottle of house (or cheapest available) white wine. Four restaurants with mid-range prices were contacted via telephone and/or email in each market.

Return taxi journey:Prices specify the approximate cost of two taxi journeys of two miles each (representing an evening’s return transportation).  Data was taken from local authorities and recognised taxi companies in the area. Taxi companies were identified using web search and contacted via telephone in each market.
Tours & Activities for two: Prices specify the average cost of a tour/activity for two people in each destination. The average price was calculated from all bookable tours and activities (excluding multi-day tours) on TripAdvisor via Viator.
Hotel room rates: Room rates specify the average cost of one night’s stay in 4 and 4.5 star hotels in each destination between 15th June – 31st August 2015, aggregated from booking partners, including online travel agencies and direct hotel suppliers.

About TripAdvisor

TripAdvisor® is the world's largest travel site*, enabling travellers to plan and book the perfect trip. TripAdvisor offers advice from millions of travellers and a wide variety of travel choices and planning features with seamless links to booking tools that check hundreds of websites to find the best hotel prices. TripAdvisor branded sites make up the largest travel community in the world, reaching 340 million unique monthly visitors**, and more than 225 million reviews and opinions covering more than 4.9 million accommodations, restaurants and attractions. The sites operate in 45 countries worldwide. TripAdvisor also includes TripAdvisor for Business, a dedicated division that provides the tourism industry access to millions of monthly TripAdvisor visitors.

*Source: comScore Media Metrix for TripAdvisor Sites, worldwide, December 2014
**Source: Google Analytics, average monthly unique users, Q1 2015






[i]Please see methodology for more details.
[ii]Recommended highly rated value hotels in the five best value destinations have a minimum of 15 reviews, currently have availability between June 15 and August 31, 2015 and are less than or equal to the average nightly rate for each destination. Hotel pricing is based on TripAdvisor data for June 15 through August 31, 2015, aggregated from booking partners, including online travel agencies and direct hotel suppliers.
Recommended highly rated value hotels in the five most expensive destinations have a minimum of 15 reviews, currently have availability between June 15 and August 31, 2015 and are at least £50 per night less than the average nightly rate for each destination. Hotel pricing is based on TripAdvisor data for June 15 through August 31, 2015, aggregated from booking partners, including online travel agencies and direct hotel suppliers.
Recommended attractions are the top-rated attractions in each destination on TripAdvisor with a minimum of 20 reviews.
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