Not everyone is feeling the pinch.
In an annual survey by Financial News' sister publication Wealth Bulletin, the Royal Penthouse Suite at the President Wilson Hotel in Geneva, Switzerland, tops the list as the most expensive hotel room in 2009, commanding $65,000 [per night] for its four-bedroom penthouse -- twice as much as patrons paid a year ago for its luxurious setting and views of Lake Geneva and Mont Blanc.The hotel's management puts the rise down to "buoyant demand" from government officials and U.N. diplomats.
[...]
Hoteliers said that although the number of business travellers has fallen in the past year, government officials have taken their place in the best rooms and suites.
President Barack Obama and his entourage took over the entire Ritz-Carlton Hotel in Moscow for three nights in June. The President Wilson Hotel said heads of state and other high-level government officials are fuelling demand for its hugely expensive Royal Penthouse Suite.
[...]
Despite the past year's financial and economic turmoil, prices at the best hotel suites have risen by an average of 10% this year. Herbert Ypma, founder of the Hip Hotels brand, said: "The very high end hasn't suffered all that much. A lot of hotels used to having upmarket clientele are getting the benefit of them taking far more time off than usual -- so they have more time to stay in hotels. Money was never the issue, time was."
....but hey, do what you want....you will anyway.
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