It's not surprising to hear that global prices for hotels have risen 5 percent in 2012, from the year before.  But there are cities where average prices actually went down.  Now when you visit a world-class city, you can stay in a 5 star hotel for less then $200-sometimes considerably less.  We teamed up with Hotels.com, which just put out its Hotels.com Hotel Price Index, to find the most luxurious properties without breaking the bank.

See more from Hotels.com's Victor Owens.