Worldwide average hotel room rates this year are higher than in 2005 for each region and for each sector

, and "the higher the star rating, the greater the growth in average rate achieved," according to HRG. For example, five-star hotels on average have raised rates by more than 15 percent this year. HRG also said Moscow had the highest average corporate rate among surveyed cities at US$425, and Mumbai had the highest rate growth at 46 percent.