Economically speaking, a luxury good is one which is why demand increases in proportion to rising income - hence, the richer the planet becomes, the greater the demand for luxury items will be. This applies perhaps uniquely to luxury hotels and luxury travel, as the number of holidays people have already been taking has risen dramatically within the last couple of decades.
So, as travel and tourism is becoming increasingly important within people's lives, the prevalence of luxury hotels in the world's most visited destinations has skyrocketed. But while every four-star hotel may claim to offer luxury, the real nature of a luxury hotel is harder to pinpoint. It utilizes providing an original service, along with an authentic experience, pleasing design and the utmost comfort.
Arguably, the utmost effective 5 luxury destinations in the world are London, New York, Paris, Rome and Dubai. London, like, possesses many eminent luxury hotels. These include the Mandarin Oriental Hyde Park in Knightsbridge, which overlooks Hyde Park and includes gourmet cuisine and a spa; Brown's Hotel in Mayfair, which was famously refurbished by Olga Polizzi, who also redesigned Tresanton on the Cornish Coast; and, of course, The Dorchester also in Mayfair. Luxury hotels in New York include the Four Seasons, that will be home to a spa, spectacularly designed suites and is even child-friendly; and Carlyle in New York's Upper East Side, the hotel by which JFK had his notorious affair with Marilyn Monroe.
Luxury hotels in Paris are generally concentrated on the Right Bank, or the Etoile and Champs Elysees region. Perhaps the best French-owned luxury hotel in Paris could be the Hotel de Crillon, which offers a wonderfully romantic setting, having its intricate World Luxury Hotels designs and boutique shopping outlets. The Ritz Paris is a similarly classic Parisian luxury hotel, with an extended historical tradition, and is perfect for both business and pleasure. Rome's Via Veneto may appear to truly have the highest concentration of luxury hotels in the world, but how many actually deliver? The best luxury hotels in Rome are the St Regis Grand of the Piazza Repubblica, an incredibly restored historic landmark that acts as a cultural centre of the town along with a place for fine dining. The Westin Excelsior and Hotel Eden, both of Veneto, also offer fabulous luxury at the heart of Italy's capital; Hotel Eden even provides a wonderful Michelin-starred rooftop restaurant.
Dubai, as one of the world's youngest destinations for luxury holidays, has attracted a variety of global hotel chains along with locally-owned luxury hotels. The best luxury hotels in Dubai are the Metropolitan Palace Hotel, located in the prominent Al Maktoum Street at the heart of Dubai's business district, and The Fairmont, that will be conveniently located in the centre of the city. The selections stated earlier, however, offer only a small taste of some of the world's best luxury hotels; confronted with all this choice, it could be confusing in regards to choosing a luxury hotel on your own holiday. However, a variety of travel websites, might help you select the right one - so all you've got to complete is make the most of one's luxury holiday.