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The 3 best hotels in Melbourne.

One Budget, one Best Value, one Luxury, chosen from 13 hotels Booking.com returned for the same stay. No endless list: pick your style and book.

Photo: Wikimedia Commons

Selected with the Top3Hotels method · Updated October 8, 2026IndependentNo paid rankings

In 1 second

BudgetThe Victoria Hotel8.2/10 · €141 / nightBest ValueHoliday Inn Express Melbourne Little Collins by IHG8.5/10 · €159 / nightLuxury1 Hotel Melbourne9.4/10 · €422 / night
Quick dates:
The Victoria Hotel, Melbourne
Budget
8.2€141 / night

The Victoria Hotel

★★★Melbourne Central Business District

Best forSmart-budget trips · Families · Pool days

  • 8.2/10 from 11,362 guest reviews
  • ≈ 13 min walk to Eureka Tower
  • Chosen from 13 hotels
11,362 Booking.com reviewsLocation 9.5Price checked 26 days ago

Lowest eligible reference rate · pool, restaurant.

  • Pool
  • Family rooms
  • Great breakfast
Reference rate · 10–12 Nov 2026 · 2 adults
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Why this Budget pick
  • Guest feedback: 8.2/10 from 11,362 guest reviews; joint review-score position 10 of 13 eligible properties in the provider sample.
  • Budget choice: €140.76 per night was the lowest eligible reference price after reserving the upscale choice.
  • Price context: €140.76/night versus a sample median of €200.33/night (30% below the median).
  • Location: Melbourne Central Business District, Melbourne. Address: 215 Little Collins Street. Walking times and distances to attractions have not been verified.
Holiday Inn Express Melbourne Little Collins by IHG, Melbourne
Best Value★ Our pick
8.5€159 / night

Holiday Inn Express Melbourne Little Collins by IHG

★★★★Melbourne Central Business District

Best forMost travellers · Sightseeing on foot

  • 8.5/10 from 3,139 guest reviews
  • ≈ 14 min walk to Eureka Tower
  • Chosen from 13 hotels
3,139 Booking.com reviewsLocation 9.4Price checked 26 days ago
  • Guests sayLocation: Close to Southern Cross Station, Marvel Stadium, and Skybus stops.
  • Breakfast: Good variety of hot and cold food, though often crowded with limited dietary options.
  • Great breakfast
Reference rate · 10–12 Nov 2026 · 2 adults
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Why this Best Value pick
  • Guest feedback: 8.5/10 from 3,139 guest reviews; joint review-score position 8 of 13 eligible properties in the provider sample.
  • Best Value choice: balances the guest score, the number of reviews and the reference price; it is not necessarily the cheapest hotel.
  • Price context: €158.78/night versus a sample median of €200.33/night (21% below the median).
  • Location: Melbourne Central Business District, Melbourne. Address: 589-599 Little Collins Street. Walking times and distances to attractions have not been verified.
1 Hotel Melbourne, Melbourne
Luxury
9.4€422 / night

1 Hotel Melbourne

★★★★★Docklands

Best forSpecial occasions · Families · Wellness breaks

  • 9.4/10 from 1,290 guest reviews
  • ≈ 20 min walk to Eureka Tower
  • Chosen from 13 hotels
1,290 Booking.com reviewsLocation 9.4Price checked 26 days ago
  • Guests sayStaff: Friendly, helpful, and professional team who provide a warm welcome.
  • Value For Money: Premium experience, though parking and dining prices are considered high.
  • Pets allowed
  • Family rooms
  • Spa
  • Great breakfast
Reference rate · 10–12 Nov 2026 · 2 adults
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Why this Luxury pick
  • Guest feedback: 9.4/10 from 1,290 guest reviews; joint review-score position 1 of 13 eligible properties in the provider sample.
  • Luxury choice: 5 stars (estimated by accommodation). Five-star hotels are prioritized; a four-star fallback must score at least 8.5.
  • Price context: €421.89/night versus a sample median of €200.33/night.
  • Location: Docklands, Melbourne. Address: 9 Maritime Place. Walking times and distances to attractions have not been verified.

Reference rate: 10–12 Nov 2026, 2 adults, 1 room · Booking.com · price checked 26 days ago.

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Where to stay in Melbourne

Each pick sits in a different part of town. Choose the base that fits your trip.

Budget

Melbourne Central Business District

The Victoria Hotel · ≈ 13 min walk to Eureka Tower

Best for: Smart-budget trips, Families, Pool days

Best Value

Melbourne Central Business District

Holiday Inn Express Melbourne Little Collins by IHG · ≈ 14 min walk to Eureka Tower

Best for: Most travellers, Sightseeing on foot

Luxury

Docklands

1 Hotel Melbourne · ≈ 20 min walk to Eureka Tower

Best for: Special occasions, Families, Wellness breaks

Map

BudgetBest ValueLuxuryEureka Tower · Carlton Gardens · National Gallery of Victoria

Melbourne hotels compared

PickHotelAreaStarsGuest scoreRef. price / night
BudgetThe Victoria HotelMelbourne Central Business District3.58.2 (11,362)€141
Best ValueHoliday Inn Express Melbourne Little Collins by IHGMelbourne Central Business District48.5 (3,139)€159
Luxury1 Hotel MelbourneDocklands59.4 (1,290)€422

Questions about hotels in Melbourne

What is the best budget hotel in Melbourne?
The Victoria Hotel (Melbourne Central Business District): 8.2/10 · 11,362 reviews · €141 / night
What is the best value hotel in Melbourne?
Holiday Inn Express Melbourne Little Collins by IHG (Melbourne Central Business District): 8.5/10 · 3,139 reviews · €159 / night · Guests say: “Location: Close to Southern Cross Station, Marvel Stadium, and Skybus stops.”
What is the best luxury hotel in Melbourne?
1 Hotel Melbourne (Docklands): 9.4/10 · 1,290 reviews · €422 / night · Guests say: “Staff: Friendly, helpful, and professional team who provide a warm welcome.”
Where should I stay in Melbourne?
Our three picks are in Melbourne Central Business District, Docklands. Open each hotel on the map to see the neighbourhood before you book.
Are these hotel prices live?
No. They are reference rates for 10–12 Nov 2026, 2 adults and 1 room, checked on Booking.com on September 19, 2026. The booking link shows the current rate for your dates.

How we pick the three

Budget is the lowest eligible reference rate. Best Value balances price and guest score. Luxury prioritises five-star hotels; if none qualify, a four-star rated 8.5+ is labelled as an upscale alternative. Every pick shows its source, review count and when we checked it. This is a data-based shortlist, not a paid ranking. How we choose →

Sources

Guest scores, review counts, reference prices and hotel photos: Booking.com. City photos: Wikimedia Commons. Sights: Wikipedia. Maps: OpenStreetMap. Price checked 26 days ago.

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The Victoria Hotel

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Holiday Inn Express Melbourne Little Collins by IHG

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1 Hotel Melbourne

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