10 world’s most luxurious cities

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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.’

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