World’s 50 best luxury hotels for 2023 announced


Joe Baker
Joe Baker
Senior Copywriter
Joe is a Senior Copywriter working on reports, news and analysis. Previously, he worked as a B2B copywriter, journalist and editor covering a broad range of topics, including technology, transport,… Read more
  • The World’s 50 Best Hotels report has named Passalacqua in Moltrasio, Italy as the world’s best hotel for 2023.
  • The new report outlines the most luxurious hotels across the globe, focusing on boutique hotels that do not belong to a franchise. 
  • Nearly half of the best properties are based in Europe, with Asia also emerging as a top destination for luxury hotels.

After a hiatus since 2009, the luxury analysis brand 50 Best has announced a list of the World’s 50 Best Hotels, which details the most luxurious and high-end hotel experiences across the globe.

The report announced that Passalacqua Hotel in Moltrasio, Italy is the world’s best hotel for 2023 due to its commitment to exclusive, limited experiences and attention to environmental luxury.

The lakeside boutique hotel, which opened in 2022, was originally an 18th-century villa with terraced gardens that overlook Lake Como. The report notes that the 24-room property aims to portray the ambience of a private home, and has been developed by the De Santis family.

According to Tim Brooke-Webb, managing director of The World’s 50 Best Hotels, the recognition comes just one year after Passalacqua opened its doors in June 2022.

According to 50 Best, boutique hotels are defined as establishments that are not part of a large group or chain, and have fewer than 50 rooms. Additionally, boutique hotels pride themselves on offering personalised services and features that are unique to their destination and appealing to high-end customers.

UK high net-worth individuals (HNWIs) looking to visit the Passalacqua Hotel should use safe international money transfer options when booking their stays.

There are 18 hotels on the list located in Asia, including in Hong Kong, Bangkok and Tokyo, with The Rosewood Hotel in Hong Kong as the highest-ranking Asian hotel.

The Rosewood, Hong Kong occupies the second spot – it is located in the heart of Victoria Dockside arts and design district, offering views of the harbour, as well as 11 fine-dining options.

The hotel provides recreational facilities, including a fitness centre, swimming pool and the Asaya spa, and hopes to provide customers with authentic Asaya elegance and sophistication.

Other top contenders include Four Seasons Bangkok at Chao Phraya River, ranked as the third-best hotel, followed by The Upper House in Hong Kong at number four and Aman Tokyo at number five.

The Soneva Fushi in the Maldives, which has been named the Lost Explorer Best Beach Hotel, claimed the seventh spot on the list. The Aman in New York City claimed the top spot for North America and is number 25 on the list.

International travellers hoping to explore luxury hotels overseas should search for the best exchange rates when booking stays.

UK HNWIs wishing to book luxury hotel stays overseas can use our money transfer comparison tool to find the best available exchange rates.

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