Most Expensive NYE Destinations

If you're looking for an affordable getaway to welcome the new year, avoid sun-soaked destinations, as hotel room rates in places like Cancun, Miami and Los Angeles has the most expensive according to online reservation site CheapHotels.org.

Spending the new year in a bikini would cost a minimum of $311 USD a night in hotel room rates. Leading the list of the most expensive destinations is Cancun, followed by Dubai, Miami Beach, and Los Angeles.

According to CheapHotels.org, to spend New Year's in Miami Beach, overnighters can expect to pay $286 nightly for the most affordable room. When the price for the same room on a non-holiday night in Florida's popular resort city is compared to that rate, the difference equates to nearly a 300% price hike.

A look at the top 10 list shows that the priciest New Year's Eve destinations for ringing in 2016 are found in either warm beach cities, or traditional party cities like New York.

Here are the top 10 most expensive New Year's Eve destinations according to CheapHotels.org:

1. Cancun (Mexico) $311

2. Dubai (United Arab Emirates) $302

3. Miami Beach (Florida, USA) $286

4. Los Angeles (California, USA) $272

5. Edinburgh (Scotland) $268

6. New Orleans (Louisiana, USA)$249

7. Honolulu (Hawaii, USA) $246

8. New York City (New York, USA) $245

9. Punta Cana (Dominican Republic) $239

10. Rio de Janeiro (Brazil) $232

At the other end of the spectrum, the most affordable New Year's Eve destinations on the list include Buenos Aires, Argentina, where revelers can find a hotel for as little as $38, followed by Shanghai ($39) and Bogota, Colombia ($42).

For the ranking, what were considered were the cheapest available double room in 30 major destinations around the world between December 30 and January 2 (three nights). Hotels with less than a three-star rating and negative, overall guest evaluation were excluded.