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Rediff.com  » Business » Sahara's The Plaza 2nd most popular hotel for the uber-rich

Sahara's The Plaza 2nd most popular hotel for the uber-rich

Last updated on: September 25, 2014 09:57 IST

Sahara group-owned, The Plaza in New York city is the second most preferred hotel for the uber-rich people globally, said the survey by New World Wealth.

Image: The Plaza Hotel, New York City. Photograph: Courtesy, Wikimedia Commons

The Sahara group's iconic hotel The Plaza, New York, figures among the top 10 hotels in the world for multi-millionaire visitors in 2014, a survey said. The Plaza is the second most preferred hotel for the uber-rich people globally, said the survey by New World Wealth. It was based on a sample of 450 multi-millionaires. The Plaza, which is jointly owned by Sahara Group and Kingdom Holdings, a Saudi Arabia-based corporation, had 3,700 multi-millionaires in the 12 months to June 2014.

Image: Bellagio Fountains, Las Vegas Photograph: Photographers Nature/Wikimedia Creative Commons 

And is second only to The Bellagio in Las Vegas, which received as many as 6,400 multi millionaires.

"The Plaza's high place on the list is impressive considering it only has 280 rooms which puts it at a disadvantage to larger hotels which can accommodate more guests in a year," the report said. According to the report, titled 'Most Popular Hotels for Millionaires', The Raj Palace, Jaipur, had 300 or more multi-millionaire visitors in the 12 months to June.

Photograph: Courtesy, Raj Mahal Palace

The Raj Palace, Jaipur is the only one hotel from India has made it to the list of select few boutique hotels that witnessed 300 or more multi-millionaires visitors.

Image: A general view inside Caesars Palace Hotel & Casino, Las Vegas, Nevada, United States. Photographs: Bruce Bennett/Getty Images 

Other most preferred hotel destinations for multi -millionaires include Caesars Palace, Las Vegas (3,400 visitors);

Image: A general view of the Breakers, Palm Beach. Photographs: Courtesy, Breakers

The Breakers, Palm Beach (3,000) and Waldorf Astoria, New York (3,300); Marina Bay Sands Singapore (3,100) and among others. Las Vegas hotels dominate the list.

"This reflects Vegas's appeal as a short stay holiday destination for the super-rich," the report said. The other boutique hotels which were mentioned by several multi-millionaires in the survey include -- Baur au Lac, Zurich; Chateau Marmont, Los Angeles.

Image: Golden Eye Resort in Jamaica. Photographs: Courtesy, Golden Eye

Goldeneye, Jamaica; Hôtel du Cap-Eden-Roc, Antibes; Little Nel, Aspen and Raffles, Singapore are also in the list.

For the purposes of this study, an individual with net assets of at least $10 million is considered multi-millionaire. There are around 495,000 multi-millionaires worldwide (as on June 2014).

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