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

The Bellagio and Caesars Palace in Las Vegas top the list of hotels most loved by the ultra rich.

• 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 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:

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

7. The Breakers

Location: Palm Beach, Florida

Basic room average rate: $1,050/night

Suite average rate: $2,585/night

6. The Plaza Hotel

Location: New York, New York

Basic room average rate: $591/night

Suite average rate: $1,356/night

5. Wynn Resort

Location: Las Vegas, Nevada

Basic room average rate: $237/night

Suite average rate: $1,150/night

4. Grand Floridian, Disney World

Location: Bay Lake, Florida

Basic room average rate: $538/night

Suite average rate: $1,003/night

3. The Ritz London

Location: London, England

Basic room average rate: $567/night

Suite average rate: $2,594/night

2. Caesars Palace

Location: Las Vegas, Nevada

Basic room average rate: $235/night

Suite average rate: $715/night

1. The Bellagio

Location: Las Vegas, Nevada

Basic room average rate: $239/night

Suite average rate: $464/night

The Bellagio and Caesars Palace in Las Vegas top the list of hotels most loved by the ultra rich. Read Full Story