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Do billionaires stay in hotels?

There are hotels, and then there are luxury hotels favored by the ultra rich. The Bellagio and Caesars Palace are surprisingly popular with the world's richest people.



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There are hotels, and then there are luxury hotels favored by the ultra rich. The Bellagio and Caesars Palace are surprisingly popular with the world's richest people.

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Forget Airbnb: The wealthy are spending months at a time in luxury extended-stay hotels that can cost upwards of $4,000 per month. More and more people are staying in luxury extended-stay hotels for months at a time, choosing the convenience and amenities over apartments and Airbnbs.

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How billionaires like Jeff Bezos and Richard Branson spend their vacations, from cruising on yachts to visiting private islands. Vacations look a little different for the world's billionaire executives. Some own entire islands in Hawaii or the Caribbean, while others visit lavish vacation homes.

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When he's not in the San Francisco Bay area running Meta, CEO Mark Zuckerberg frequently travels to his nearly 1,500-acre estate on the north shore of the Hawaiian island Kauai.

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Affluent Americans eschew busy summer months and tend to travel in the spring or fall; treat themselves to an average of three vacations a year; and shell out an average of nearly $3,000 per trip.

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Yes, you can permanently stay at a hotel, but it's often more expensive than traditional renting. Hotels may have policies limiting long stays, and local laws can affect this too. Hotels usually provide less space and fewer amenities than a home.

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There are hotels, and then there are luxury hotels favored by the ultra rich. The Bellagio and Caesars Palace are surprisingly popular with the world's richest people. The two Las Vegas hotels also happen to be the most affordable hotels on the list.

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