Poland provides the best-value five-star hotel accommodation, according to a survey.
Polish capital Warsaw is one of seven European destinations in the top 10 most affordable luxury hotel list compiled by Hotels.com.
Based on average room prices per night last year, Warsaw's five-star hotels cost just £84, with Marrakech in Morocco the next best value (£90).
Other comparatively-affordable five-star hotel room rates were in Budapest (£105), Tallinn in Estonia (£112) and Berlin (£114).
In contrast, the most expensive five-star rooms were in New York (£340), followed by Paris (£326) and Tokyo (£292).
London five-star rates in 2011 averaged £225 - making the UK capital the 12th most expensive luxury hotel destination.
But London was still cheaper than destinations such as Geneva (£287), Venice (£254) and Washington DC (£254).
Hotels. com chief marketing officer Nigel Pocklington said: "Britons looking for a taste of the high life but working to a budget don't have to travel far to find some great deals.
"Eastern European capitals in particular offered excellent value in 2011, despite some substantial price rises as demand for rooms increased from bargain-savvy visitors."