Hotel Price.

The Hotel Price Index for 2009 shows that travelers paid 14 percent less for hotel rooms in 2009 than in 2008.

Guess which city is the most expensive? New York? London? Paris? Nope, Monte Carlo with an average of 177 euros / 240 $!

Here's the list :
1 - Monte Carlo : 177 euros /240 $ = - 9%
2 - Abu Dhabi : 164 euros / 221 $ = - 13%
3 - Geneva : 163 euros /220 $ = - 12%
4 - Moscow: 152 euros / 205$ = - 41%
5- New York: 149 euros / 199 $ = - 22%
6- Rio de Janeiro : 137 euros / 184 $ = +12%
.....
14- Paris : 113 euros / 152 $ = - 8%
(Hotel Price Index)

Clearly, the hotel industry in New York has been more impacted by the economic crisis than in Paris, although nothing compared to Moscow, and Rio has probably greatly benefited from the economic zip of Brazil and maybe the news of the Olympics....

In the rest of France, it is 92 euros on average but Deauville and Cannes are more expensive than Paris, whereas Vannes is one of the cheapest (but who wants to go there?!)
As for the U.S., Boston is third (117 euros / 158$) behind Honolulu and San Diego is one of the cheapest (94 euros / 127 $) definitely a great city to visit, from my experience. (HPI)