Source: Mad Monkey Hostels

Even though there are some fine hotels in various parts of the world, a night in these places costs a fortune. Ever wondered which hotels are the most expensive in the planet? Well, you won’t have to wonder anymore because Deutsche Bank created a list of 25 cities with the most expensive hotels in the world. The bank compared the average cost of staying one night in a Hyatt Regency property in a king or queen size room in various cities all over the world. In cities that didn’t have the Hyatt Regency property hotels, other hotels with similar quality were considered.

Here is the top 10 ranking:

1. Milan

Source: I Like Events

The city of Milan is well-known for its majestic stature, beauty, and culture. It is one of the hottest tourist destinations in Europe and while there are many hotels there, if you want the finer things in life, it has those too. Well, for a night spent at a luxury five star hotel here, you will have to spend $716.

2. London

London is the business capital of Europe and as you can imagine, there are many high profile celebrities and businessmen who visit this city regularly. As for the cost of spending a night in one of the best hotels there, you will need a minimum of $576.

3. Vienna

Source: DLW Die Luxushotels

Vienna is the capital city of Austria and one of the most breathtaking cities in Europe. The city has its fine share of high class hospitality facilities and a night in one of its major hotels will set you back $569.

4. Copenhagen

The Dane capital is known for its leisurely vibe and great history. Copenhagen is also an important business and cultural center in Europe and a night in its top hotels will cost you about $551.

5. Stockholm

Stockholm is also a major city in Scandinavia. It is a vibrant city to visit for business or for pleasure. If you are into luxury hospitality, it has so much to offer. Just come prepared though, a night at a top hotel here will cost $525.

6. Zurich

Source: RevNGo

Zurich is the capital of Switzerland and one of the most important destinations in Europe. Fine hotels here will cost you $506 a night. As you can imagine, there is much luxury to offer at this location.

7. Edinburgh

Edinburgh in Scotland is an old, well-kept city that has outstanding amenities for the discerning traveler. You will spend a cool $488 per night for a high class hotel in the city.

8. Moscow

The Russian capital is also a great city for anyone to visit with unique architecture and rich history. It also has its fair share of high class hotels will certainly highlight the trip. $462 will be the price for one night in these top hotels in the city.

9. Chicago

Source: Sheraton Grand Chicago

Chicago property is very quickly being eaten up by major corporations, and as such, has been the recipient of numerous 5 star hotels and resorts. Such a lavish lifestyle will cost you $440 a night in the city.

10. Madrid

Finally, to close our top ten list comes Madrid. The Spanish capital has a great variety of hotels and for the high-end luxury kind, you will need at least $433 per night.