Manhattan Hotels Are Most Affordable in Murray Hill, New Survey Shows

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The Murray Hill District is the most affordable neighborhood in Manhattan based on the cost of its lodging, according to a new survey compiled by NewYorkHotels.org.

The Murray Hill District is the most affordable neighborhood in Manhattan based on the cost of its lodging. That’s the finding of a new survey compiled by NewYorkHotels.org. Using the rate of the cheapest available double room for the period spanning June to August 2012 as its basis of comparison, the hotel deals site uncovered that Midtown’s Murray Hill, which is bounded by East 34th Street, East 40th Street, Madison Avenue and Third Avenue, is the least expensive NYC neighborhood.

To stay in a minimum 2-star hotel this summer, visitors to the Big Apple will pay an average of $182 per night for the cheapest available double room in Murray Hill. In contrast, in the most expensive neighborhood, the West Side’s Chelsea, they can expect to pay at least $240 per night. Midtown’s popular Times Square came in a close second in the most costly department at $238 nightly.

Discerning travelers who want to stay at a minimum 3-star hotel will find the most affordable rates in the districts of Midtown East and the Upper East Side. In both neighborhoods, they may be able to find a room for around $200.

For cheaper rates, visitors to the New York City area will have to be willing to stay outside Manhattan. In Brooklyn, for instance, they might be able to snag a room at a 2-star accommodation starting at around $150. The La Guardia Airport region, however, is even more budget-friendly. There, the average rate for the most affordable 3-star hotel is $134 according to the survey.

Following are Manhattan’s various districts ranked according to the average rate for their cheapest available double hotel room for the period of June through August 2012. For ranking purposes, only hotels scoring a 2-star rating or higher were included.

1. Murray Hill $182
2. Rose Hill $188
3. Lower East Side $191
4. Upper West Side $193
5. Garment District $194
6. Upper East Side $195
7. Midtown East $199
8. SoHo $214
9. Hell’s Kitchen $229
9. Financial District $229
11. Times Square $238
12. Chelsea $240

Visit the full results of this survey at http://www.newyorkhotels.org/press/neighborhoods-2012.html.

Press Contact: Danielle Carter, press (at) newyorkhotels (dot) org

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Danielle Carter
NewYorkHotels.org
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