Moscow was voted top of the list Moscow was voted top of the list

Good news for some hoteliers, bad news for travellers on a budget; international corporate services company Hogg Robinson Group (HRG) has reported a 4% rate growth for hotels around the world in the first half of 2011 (January to June) compared with the same period last year. 

Of the 50 cities surveyed, 33 reported a year-on-year increase in hotel rates with strong growth in Asia and an unexpected boost from Istanbul.

Guests looking for a cheaper stay this year however should head to Africa and Eastern Europe, where many cities showed year-on-year decreases in rates over six months, except Moscow that is - which bucks the trend having been ranked number one - the world's most expensive city for a hotel stopover. 

Click through to the next pages to find out which cities made it onto the top 10 most expensive 2011 list and how much an average night's stay will set a guest back: 

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