Tel Aviv, Dubai climb list of costliest cities, thanks to tourism boom

Miami and Boston took the top two spots, however, Middle East has been climbing in the annual index and this year has five destinations among the top 15 priciest global cities

Sunbathing in Tel Aviv or hitting Dubai’s fabulous malls will set you back a bit more lately. A combination of high hotel and apartment costs and strong tourism has Airbnb rates in some Middle Eastern cities among the world’s priciest.

Middle East Climbs

In the latest Bloomberg index, Miami and Boston took the top two spots in the average daily cost of lodging in private dwellings for the second straight year. Airbnb owners asked for $205 a night and $195 a night, respectively, in the two cities. However, the Middle East has been climbing in the annual index and this