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APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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Checking Into the World's Top-Rated Luxury Hotels

Three American luxury hotels rank among the 10 rated best in the world by the super-rich. 

| BY Donald Liebenson

America can claim bragging rights to having the world’s top two hotels, according to a new survey of the world’s “super-rich” conducted by wealth intelligence company New World Wealth.

This makes up for the recent TripAdvisor survey of the world’s top-rated restaurants in which not one American eatery cracked the top 10.

A Spectrem Group wealth market study found that Ultra High Net Worth households with a net worth between $5 million and $25 million spend between $10,000 and $24,999 annually on a vacation. Three percent shell out between $50,000 - $99,000. What are the preferred hotels for those who can easily afford to stay anywhere in the world?

A panel of global multi-millionaires was asked to name the best hotels in the world based on their personal experience. New York’s iconic Plaza Hotel took top honors, followed by the Bellagio in Las Vegas. Only one other American hotel is among the top 10, the Little Nell, a ski resort on Aspen Mountain, which came in at No. 6.

Coming in at No. 3 on the list of the top-rated hotels for the super-rich was the Mandarin Oriental in London, followed by the Hotel du Cap-Eden-Roc in Antibes, and Le Mamounia in Marrakech.

Seventh on this elite lodgings list is Raffles in Singapore, followed by the Ritz Paris, the Villa d’Este in Lake Como and Burj Al Arab in Dubai.

Among these hotels rated the 10 best in the world, only three (the Plaza, the Mandarin Oriental, the Burj Al Arab, and the Bellagio, have more than 150 rooms. In addition to placing in the top 10 of the top-rated hotels for the super-rich, the Mandarin Oriental is the top-rated hotel in the UK and Europe, while La Mamounia and Raffles were similarly ranked for Africa and Asia, respectively.

The Plaza, located off of Central Park on Fifth Avenue, is New York’s largest luxury hotel. It is world-renowned for its Afternoon Tea and Champagne Bar, as well as for being home to the precocious Eloise, in Kay Thompson’s classic 1955 children’s book, which is still in print. Suite guests can partake of 24-hour butler service. Twenty-first century amenities include iPads in all the rooms, by which guests can control the room environment and access the array of guest services. The hotel’s most expensive suite is the Royal Plaza Suite. Price per night: $35,000.

America, New York in particular, dominates a supplemental list of the world’s top-rated hotel-residences, originally a Big Apple phenomenon that is catching on in the world’s major cities and holiday hotspots, the New World Wealth report states.  A hotel residence is an apartment or villa in an existing hotel which can be purchased and allows the owner to make the hotel his or her permanent residence and enjoy the same hotel services guests receive, such as room service.

New York can claim six of the world’s top-rated hotel residences: St. Regis Residences, The Plaza Pied-a-terre, Baccarat Hotel & Residences, Four Seasons Private Residences, Ritz Carlton Residences and Waldorf Astoria Residences. Residences at the MGM Grand in Las Vegas also made the top 10, along with the Mandarin Oriental Residences (One Hyde Park), the Odeon Tower Residences in Monaco, and Conrad Hilton Residences in Koh Samui.


About the Author

Donald Liebenson

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.