I'm in Singapore at the moment and it's 200 USD a night for my current hotel, which is near the office - not down town - and not particularly expensive. There are some cheaper ones which aren't on our corporate booking system.
Last week in Beijing it only cost 150 USD at a fairly central Crown Plaza, which I felt was very cheap compared to how much it normally costs in London, and London is a bargain compared to anything I/work pays for in the US (which is mainly in DC and NY)
The flights dwarf the cost of the hotels though, indeed the flights cost more than the cost of me for the two week trip (Work paid a premium to avoid Russian airspace though)