London has been branded the world's most expensive city for five star hotel suites and luxury serviced apartments, according a new accommodation survey An under supply of top end hotels in the capital, due to land prices, and the strength of the pound have pushed prices up to new heights - with the most lavish rooms in Mayfair costing £11,700 a night. At £2,050 per night, the cost of renting a five star London hotel suite is now eight times more expensive than renting a furnished apartment (£248 per night), a new study from the property agents, Wetherell, has revealed. At £746,044 - the cost of renting a hotel suite ... (full story)