Hotel sticker shock in Silicon Valley

Hotel prices in Silicon Valley have now become some of the most expensive in the world, and those working in the industry only see prices heading higher.
A hotel room in the valley costs an average of $327 per night, according to data provided exclusively to CNBC by Hotel Tonight. That's up more than $100 from a year ago. That means Silicon Valley is now more expensive than New York or London, which cost $234 and $171, respectively.


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