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In New York, the choice is yours!
Tuesday, 8th July 2003
Source : Jones Lang LaSalle Hotels
A good night's sleep or 65 MacDonalds Big Macks!

Jones Lang LaSalle Hotels' "Big Mac Index" Measures Most Affordable Hotel Rates Worldwide.

According to Jones Lang LaSalle Hotels, Atlanta offers the best bang for the buck in terms of hotel rates relative to the cost of a Big Mac in the United States, followed closely behind by Dallas. The results of the firm's inaugural Hotel Affordability Index shows that even among the world's major cities, only Mexico City and Sao Paulo rate as more affordable than Atlanta and Dallas.

Jones Lang LaSalle Hotels' Hotel Affordability Index compares the average daily rate (ADR) of a city's hotel market with the local price of a McDonald's Big Mac in the native currency, as published by The Economist magazine.

"In Atlanta and Dallas you can get a good nights rest for only 29 times the cost of a Big Mac," noted Arthur Adler, Managing Director and CEO-Americas for Jones Lang LaSalle Hotels. "Orlando, Los Angeles, Phoenix and Miami hotels also provide a good value, at 33 to 38 times the cost of two all beef patties, special sauce, etc cited Adler," "The economic turndown has resulted in bargains for travelers (but not necessarily for consumers of fast food). This, combined with the popularity of driving vacations, bodes well for the occupancy levels of U.S. hotels this summer."

If a European expedition is what you seek, be prepared to shell out some money. London hotels rank as the most expensive in the world where a room will cost you 110 times the cost of a Big Mac. London is followed by Paris, Milan and Rome. Among U.S. cities, New York hotels will hit your wallet hardest at 65 times the price of a Big Mac.
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