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10 world’s most luxurious cities

Kristin Mariano

- May 4, 2022

From Michelin-star restaurants and top shopping destinations to opulent parties and high-end hotels, bon vivants are people defined by a life full of excitement and adventure. But where are these lovers of the finer things travelling to enjoy extravagance in 2022?

Compare My Jet has analysed the number of luxury hotels, restaurants and designer shops in 23 cities across the world to discover the best destination for luxury jet setters.

London is the best city for luxury lovers 

London is an attractive destination for the top 1% in 2022. The UK’s capital has topped the list for the highest number of five-star hotels (374) and came second in regards to the number of luxury venues (628).

The French capital, Paris, has scored top marks for fashion (96), art & culture (94) Michelin star restaurants (480), and surpassed London in terms of a total number of luxurious spots (630).

New York came second with the most expensive cost of renting one- and three-bedroom apartments (£2,401 and £4,845 respectively). The city is also a paradise for luxury foodies with 480 Michelin Star restaurants.

Top 10 Most Luxurious Locations in the World

Position

City

5 Star Hotels

Michelin Star Restaurants

Rent, 1 Bed Apartment

Rent, 3 Bed Apartment

Apartment Cost per Metre2

Spas*

Luxury Venues

Luxury Shopping Score

Fashion Landscape

Art, Design & Culture Score

1

London

347

362

£1,738

£3,416

£12,326.67

864

628

70.1

92

90

2

New York

52

480

£2,401

£4,845

£11,282.69

778

439

70.5

90

88

3

Paris

149

436

£1,045

£2,246

£10,488.88

959

630

72

96

94

4

Hong Kong

57

199

£1,659

£3,334

£24,290.57

175

347

69.9

5

Tokyo

22

432

£934

£2,138

£8,397.49

1,225

478

69.5

89

87

6

Singapore

82

259

£1,545

£3,147

£13,506.32

519

302

68.3

85

83

7

Zurich

9

62

£1,572

£2,990

£10,896.99

163

87

85

8

Geneva

15

50

£1,670

£3,234

£10,872.21

73

62.4

87

85

9

Los Angeles

29

98

£1,693

£3,259

£6,561.29

475

167

69.8

90

88

10

Sydney

81

9

£1,375

£2,583

£8,510.56

304

68.2

88

86

Ian Wright, CEO and Founder of Compare my Jet, explains: ‘Luxury destinations are on the rise in 2022. After months of living under Covid-19 restrictions, bon vivants can rediscover some of the most luxurious places in the world. Top cities include London, New York and Paris who lead in regards to the number of Michelin star restaurants, five-star hotels and the average cost of rent for 1- and 3-bedroom flats.’

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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10 world’s most luxurious cities

Kristin Mariano

- May 4, 2022

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats
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