Abu Dhabi has overtaken New York and Paris to become the second most expensive city in the world for business travelers, according to a report.

Dubai, meanwhile, dropped out of the top 10 to 16th as a raft of new hotels opened in the emirate, bringing rates down.

Moscow remains the most expensive destination worldwide for a fifth successive year, according to a hotel survey by Hogg Robinson Group (HRG), reported in UAE daily The National.

A visitor to Moscow could expect to pay $417 for a room, while in Abu Dhabi the average room rate is $349. Manama, the capital of Bahrain, rose to fifth place from 20th the previous year, “reflecting demand outstripping supply in the region”, said the report.

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