The U.S. Government monitors prices for business trips across the world and revises per diem rates accordingly.
In Asia, the most expensive place looks like Hong Kong -- the maximum lodging rate per night is US$355, followed by Macau and Kyoto (both are $321). Interestingly, Osaka-Kobe ($275) has now surpassed Tokyo ($266). Tokyo is almost the same level as Shenzen ($264); and Beijing ($258) and Shanghai ($259) are slightly lower.
The U.S. domestic destinations' rates exclude tax and fees, so one cannot compare precisely, but now New York City ($291) is lower than these expensive places in Asia. Interestingly, San Francisco ($301) is slightly more expensive than New York City.
As far as I searched, the most expensive places in the world at the moment are popular tourism destinations in Europe. The No.1 appears to be Cannes, France ($499). Other places that exceed $400 include Capri, Italy ($443); Monaco ($440); and Paris ($425). Interestingly, Rome ($385) and even Geneva ($321) are not that expensive, and London is much less at $308. For context, Dubai ($385) is the same as Rome.
