Written by Tanza Loudenback
2018-02-08T18:47:00Z
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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.
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Rich people don't skimp on luxury when they travel. In fact, they demand it.
That's an obvious takeaway fromNew 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.
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Check out the top 10 hotels most loved by the ultra rich:
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10. The Beverly Hills Hotel
Location:Los Angeles, California
Basic room average rate:$895/night
Suite average rate:$2,600/night
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9. Hotel de Paris
Location:Monte Carlo, Monaco
Basic room average rate:$566/night
Suite average rate:$1,104/night
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8. Ritz Paris
Location: Paris, France
Basic room average rate:$1,190/night
Suite average rate:$3,029/night
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7. The Breakers
Location:Palm Beach, Florida
Basic room average rate:$1,050/night
Suite average rate:$2,585/night
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6. The Plaza Hotel
Location:New York, New York
Basic room average rate:$591/night
Suite average rate:$1,356/night
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5. Wynn Resort
Location:Las Vegas, Nevada
Basic room average rate:$237/night
Suite average rate:$1,150/night
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4. Grand Floridian, Disney World
Location:Bay Lake, Florida
Basic room average rate:$538/night
Suite average rate:$1,003/night
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3. The Ritz London
Location:London, England
Basic room average rate:$567/night
Suite average rate:$2,594/night
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2. Caesars Palace
Location:Las Vegas, Nevada
Basic room average rate:$235/night
Suite average rate:$715/night
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1. The Bellagio
Location:Las Vegas, Nevada
Basic room average rate:$239/night
Suite average rate:$464/night
Tanza is a CFP® professional and former correspondent for Personal Finance Insider. She broke down personal finance news and wrote about taxes, investing, retirement, wealth building, and debt management. She helmed a biweekly newsletter and a column answering reader questions about money. Tanza is the author of two ebooks, A Guide to Financial Planners and "The One-Month Plan to Master your Money." In 2020, Tanza was the editorial lead on Master Your Money, a yearlong original series providing financial tools, advice, and inspiration to millennials. Tanza joined Business Insider in June 2015 and is an alumna of Elon University, where she studied journalism and Italian. She is based in Los Angeles.
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