A recent study by money.co.uk crowned the Burj Al Arab in Dubai the most beautiful hotel in the world. But how long would an average family have to save to afford staying at such luxury hotels.
Interested in finding out, money.co.uk sourced prices for a three-night stay in each hotel and compared them to the average household salary and saving rate of the average Polish family (two adults and two children).
The Results
| Poles need to save this long to stay at these luxury hotels | |||
|---|---|---|---|
| Rank | Luxury hotel | Location | Time taken to save |
| 1. | Titanic Mardan Palace | Kundu Mah (Turkey) | 9 mths, 1 wk, 2 dys and 6 hrs |
| 2. | Rancho Valencia Resort & Spa | California (the United States) | 2 yrs, 3 wks, 6 dys and 21 hrs |
| 3. | The Ritz-Carlton | Wolfsburg (Germany) | 2 yrs and 6 mths |
| 4. | Kamalaya | Surat Thani (Thailand) | 3 yrs, 3 dys and 2 hrs |
| 5. | The Plaza | New York (the United States) | 3 yrs and 9 mths |
| 6. | Palms Casino Resort | Las Vegas (the United States) | 3 yrs, 10 mths, 3 dys and 2 hrs |
| 7. | Mandarin Oriental | Central Hong Kong (Hong Kong) | 5 yrs and 9 mths |
| 8. | Burj Al Arab | Jumeirah (Dubai) | 5 yrs, 10 mths, 1 wk, 2 dys and 6 hrs |
| 9. | Acqualina Resort | Miami (the United States) | 6 yrs, 4 mths, 2 wks, 1 dy and 12 hrs |
| 10. | The Inn at Little Washington | Washington (the United States) | 6 yrs, 11 mths, 1 wk, 2 dys and 6 hrs |
| 11. | Four Seasons Private Island | Kudarikilu (Maldives) | 11 yrs, 5 mths, 3 wks, 3 dys and 19 hrs |
| 12. | La Réserve | Paris (France) | 11 yrs, 7 mths, 3 wks and 16 hrs |
| Source: money.co.uk – based on a three-night stay in a family room | |||
The same calculations were made for 26 other countries in Europe, should you wish to view the specific results for these European countries then please click on the following link.
Money.co.uk found that the average British family would need to save for just nine months, one week, two days and six hours to afford three nights at the Titanic Mardan Palace in Turkey – the quickest saving times for all hotels considered.
In second position is the Rancho Valencia Resort and Spa. To stay at the resort and spa in California (United States), a British family would have to save for two years, three weeks, six days and 21 hours.
The Ritz-Carlton in Wolfsburg (Germany) would require a British family to save for two years and six months to experience a stay at the luxury hotel – placing it in third.
At the other end in 12th spot is the La Reserve. A British family would need to spend the most time saving at 11 years, seven months, three weeks and 16 hours to embark on a lavish stay at the luxury hotel in Paris (France).
Salman Haqqi, personal finance expert at money.co.uk, commented on the research
“Luxury hotels are an essential aspect of the travel and tourism industry. They provide guests with an exceptional environment to unwind and escape the stresses of everyday life, but this level of care doesn’t come cheap. Despite this, there are some effective tips to help shorten the time needed to save:
- Stay connected to hotels you wish to visit – Sign up to the email list and newsletters of the luxury hotels you are interested in. In doing so, you can stay in the loop of any existing or upcoming discounts and packages they may be offering
- Phone up – Directly call the luxury hotel you desire and if you want to book during off-season, ask if they can offer any flexibility on price. If booking during peak season, then it is worth asking if they can add one or more ‘freebies’ such as 24-hours Wi-Fi, breakfast, gym access and/or a few massage sessions
- Opt for a cancellation policy – A free cancellation policy could make your initial booking more expensive, but if you check back another time and find the price has dropped for your selected dates and room type then you will be able to cancel the original booking without incurring any charges and rebook. In doing so, the potential saving is hopefully significantly more than the charge paid for opting in for the cancellation policy.”
All Inclusive
Luksusowy kwartalnik turystyczno-podróżniczy. Od 2004 roku opisujemy miejsca, do których warto lecieć dłużej niż na weekend, i ludzi, którzy je prowadzą.
