Monday, January 23, 2012

10 most expensive places to visit

Thanks to the struggling economy, the word "vacation" has become taboo -- so taboo that a substitute word, "staycation," was added to the Merriam-Webster dictionary in 2009. Although the web is bursting with deals and advice on vacationing on a dime, let's be honest: There are some cities that are, in one word, expensive.

To separate the reputed budget-busters from the truly expensive cities, UBS Wealth Management Research, a Swiss-based global financial services company, conducts a regular Prices and Earnings report, the most recent of which was published in August 2011.

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