Thursday, February 8, 2018

Instant Alert: 10 luxury hotels around the world where the ultra rich love to stay

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10 luxury hotels around the world where the ultra rich love to stay

by Tanza Loudenback on Feb 8, 2018, 1:47 PM

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  • There are hotels, and then there are luxury hotels favored by the ultra rich.
  • The Bellagio and Caesars Palace are surprisingly popular with the world's richest people. 
  • The two Las Vegas hotels also happen to be the most affordable hotels on the list. 


Rich people don't skimp on luxury when they travel. In fact, they demand it.

That's an obvious takeaway from New World Wealth's latest report, which identified the most popular hotels around the world among the ultra rich — those with a net worth exceeding $10 million.

New World Wealth interviewed several top-end travel agents and tracked movements and trends of wealthy people in the media to find out which hotels were most frequented by the 1% throughout 2017.

Below, we've included average weekend nightly rates at each hotel for comparable basic rooms and suites. All figures come from Expedia and exclude any daily resort fees.

Check out the top 10 hotels most loved by the ultra rich:

SEE ALSO: Owning a $1 million home is no longer considered a luxury in America

DON'T MISS: 9 mind-blowing facts about the world's richest people

10. The Beverly Hills Hotel

Location: Los Angeles, California

Basic room average rate: $895/night

Suite average rate: $2,600/night



9. Hotel de Paris

Location: Monte Carlo, Monaco

Basic room average rate: $566/night

Suite average rate: $1,104/night



8. Ritz Paris

Location: Paris, France

Basic room average rate: $1,190/night

Suite average rate: $3,029/night



See the rest of the story at Business Insider


 
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