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These are the world’s most expensive hotels for New Year’s Eve

Where to celebrate the turn of the decade when money is no object.

New York: expensive hotels for New Year’s Eve

New Year’s Eve celebrations are synonymous with glittery outfits, goofy memorabilia, free-flowing Champagne towers, gatherings of loved ones, delicious food and, of course, mesmerising fireworks displays across some of the world’s most iconic cities.

What if money is no object – where to go? When it comes to some of the most lavish celebrations around the globe, Dubai is one of the most expensive places on the planet to see in the first day of 2020.

For those heading to the city of gold, expect to pay a premium. A 2018 survey by found guests in Dubai spent 234% more on New Year’s Eve hotel accommodation than normal January rates.

Visitors to Taipei spent on average 483% more for a place to sleep on 31 December compared to January rates for the same accommodation, while Edinburgh guests paid, on average, 423% more for the same period according to the 2018 data.

Some of the most expensive NYE hotel destinations

Miami Beach

Skip the Miami Beach crowds and retreat in splendour at the oh-so-stylish Faena Hotel Miami Beach. You’ll be wanting the signature Faena Penthouse Suite; two levels of panoramic turquoise ocean views, floor-to-ceiling windows, five bedrooms with balconies, dining rooms, gathering areas and an entertaining space complete with grand piano.

From US$46,058 p/n


For uninterrupted views of the world’s most impressive pyrotechnic displays, Park Hyatt Sydney is the place to be. Although already booked out for 2019/2020’s momentous occasion, the Sydney Suite boasts a private terrace, two bedrooms, marble bath with sauna and a butler service – along with what could be the best seat in Australia for New Year’s Eve. Something to think about for 2020/2021.

From A$17,00 p/n, minimum two nights


If you want to see in the new decade in truly lavish style, you can’t pass up the Burj Al Arab Royal Two Bedroom Suite. This two-floor gilded palace has two king bedrooms, two Hermès-stocked bathrooms each with Jacuzzi and rain shower, private cinema, three living areas, sea view and butler service – not to mention the ultimate fireworks display and live performances on the premises. You will never want to leave.

AED$180,413 p/n

Rio de Janeiro

If South America’s more your speed, there’s no going past the Executive Suite Ocean View at the glamorous, art-deco paradise that is Belmond Copacabana Place. This roomy penthouse boasts its own swimming pool, private terrace, dining room for six people, kitchen, , spacious living area, two bathrooms with separate baths and showers and two bedrooms each with dreamy king-sized bed.

From BRL$7,067 p/n

New York City

Dubbed as being the largest hotel penthouse in the US, The Mark Penthouse is the real deal – and truly breathtaking. Sprawling across more than 10,000 square feet including 2,500 square feet of rooftop terrace, this lavish suite at The Mark Hotel is the pinnacle of luxury with four fireplaces, six bathrooms and two wet bars.

Price on request.

Hong Kong

Watch the sky light up as the clock strikes midnight from the opulent The Ritz-Carlton Suite – Victoria Harbour at The Ritz-Carlton Hong Kong. With a marble bathroom, rainforest shower and incredible 270-degree views of Hong Kong’s skyline, it is one of the most luxurious places in Asia to celebrate New Year’s Eve.

From HK$26,100 p/n


Right in the heart of Amsterdam is the Benelux’s largest suite: The Imperial Suite at Okura Hotel. This grand two-storey suite features two sleeping rooms, two bathrooms, 14-seat dining room, private 12-seat cinema, panoramic city views, and an exceptional level of discretion and privacy.

From €9,500 p/n

Prices are for 31 December 2019 to 1 January 2020 period where applicable.

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