When money is no object, you can stay at any property your heart desires. So where do the world’s millionaires choose to stay when they travel?
To find out, New World Wealth, a South Africa-based wealth research firm, surveyed more than 800 millionaires. They were surprised to discover that Bellagio Las Vegas is the top choice.
“The Bellagio is not really a name we expected, but a lot of the wealthy like going there,” Andrew Amoils, head of research at New World Wealth, told CNBC.
Top Hotels Favored by Millionaires
Bellagio Las Vegas is an AAA Five Diamond, Forbes Four Star luxury casino resort on the Vegas Strip. It is owned by MGM Resorts International. Inspired by the Lake Como town of Bellagio in Italy, the property is known for its elegance. It features a man-made, 8-acre lake that houses a large dancing water fountain synchronized to music. Inside, the lobby ceiling is covered with more than 2,000 hand-blown glass flowers by artist Dale Chihuly. The opulent property features 3,950 guest rooms and suites, several high-end restaurants and clubs, and it is home to Cirque du Soleil’s aquatic production, “O.”
The Plaza, a Fairmont Managed Hotel in New York City took second place in the New World Wealth survey. Located near Central Park, the century-old, iconic 20-story property boasts French-inspired guest rooms with 24-carat gold plate fixtures. The Forbes Four Star hotel has hosted some of the most famous and wealthy guests in the world.
Mandarin Oriental Hyde Park in London finished third. The five-star property overlooking Hyde Park and Knightsbridge in central London features several outstanding restaurants and a world-class spa. It boasts 169 elegant guest rooms and 25 suites.
Rounding out the New World Wealth list of the Top 5 Hotels favored by millionaires are the Hotel du Cap-Eden-Roc in Antibes, France, and Raffles Hotel Singapore. Interestingly, the Bellagio is the most reasonably priced of the top five hotels.
Top Airlines Favored by Millionaires
New World Wealth’s study also examined what wealthy travelers consider to be the best air carriers. Singapore Airlines topped the list, followed by Australian carrier Qantas. Japan Airlines, Germany’s Lufthansa and Air France rounded out the Top Five. No American airlines made the list.
It is interesting to note that Emirates, which is known for its luxe first class cabins and in-flight spas, also did not make the list.
“Maybe it was just a question of not as many high-net-worth individuals flying on the Emirates routes,” Amoils told CNBC.
The New World Wealth study also looked at what wealthy travelers consider the best trains and fly fishing rivers.