William Huston, AIF®, AIFA®

Top 10 Luxury Travel Destinations In The World

William Huston, AIF®, AIFA®

William Huston, AIF®, AIFA®

Top 10 Luxury Travel Destinations In The World

Luxury travel is a way to indulge in the finest things life has to offer, from opulent accommodations to exclusive experiences in breathtaking destinations.

luxury vacation house

For those seeking to enjoy luxury holidays, there are certain destinations that stand out. From the crystal-clear waters of the Maldives to the magnificent ancient pyramids of Egypt, the world is full of luxurious escapes that offer a unique blend of relaxation, adventure and refinement.

ladies on vacation at the shore

In this blog, we will explore the top 10 luxury travel destinations in the world, showcasing the unique features that make each location a must-visit for any traveler. Whether you're seeking adventure, relaxation on a private island or cultural immersion, these destinations have something for everyone.

Key Points
  • Approximately 55% of working class Americans don't make use of their vacation time every year
  • Some health benefits associated with taking a vacation include reduced stress levels and increased productivity
  • The top 10 luxury holiday destinations in the world include: California, USA, Bali, Bora Bora, Costa Rica, Egypt, France, Hawaii, Italy, Maldives and South Africa
Disclaimer

The contents of this article are for educational purposes only. They are not intended to be a source of professional financial advice. You will find experts on financial planning, financial management, and real estate here. More on disclaimers here.

State of Travel Among People Living in the U.S.

It is reported that people living in the U.S. are working more hours on longer shifts, meaning that they have less time to unwind and relax. It is estimated that 55% of working class Americans don't make use of their vacation time every year.

couple worried over their finances

So if at some point you feel like you don't have a proper work-life balance, it might be time to take that leave from work and go on a fun and relaxing holiday.

Don't get up too caught up in your job that you think that taking a break makes you look like a less committed employee. In fact, not taking offs not only leads to fatigue, but also unproductivity.

5 Health Benefits Associated With Taking a Vacation

Reduced stress levels

Vacations can be a great way to reduce stress levels and promote relaxation. Stepping away from the daily routine and immersing yourself in a new environment can help lower cortisol levels and promote feelings of calm and wellbeing.

Improved mental health
a joyful lady on vacation

Taking a vacation has been shown to have positive effects on mental health, reducing symptoms of anxiety and depression. It can also boost self-esteem and confidence, as well as provide a sense of purpose and fulfillment.

Lower risk of heart disease

Studies have found that individuals who take regular vacations have a lower risk of developing heart disease. Vacations can help reduce high blood pressure and improve cardiovascular health by promoting physical activity and reducing stress.

Increased productivity

Taking a break from work and responsibilities can actually lead to increased productivity upon returning. Time away from work can help reduce burnout and boost creativity, leading to a more focused and productive mindset.

Enhanced relationships
a happy vacation group

Vacations can provide an opportunity to strengthen relationships with loved ones. Spending quality time together and creating shared experiences can promote feelings of closeness and connection, leading to improved overall wellbeing.

If you're looking for some of the best luxury holiday destinations, here are 10 places that are worth visiting.

10 Best Luxury Holiday Destinations

1. California, USA

California, USA

California is the most visited state in America. Millions of people visit the state each year as it is the home to vibrant cities, beautiful beaches, amusement parks among other tourist attractions.

Some of the most popular tourist destinations are Disneyland which attracts roughly 15 million people per year, The Golden Gate Bridge, Yosemite National park and The Hollywood sign.

Los Angeles and San Francisco are particularly liked cities as they have kid friendly attractions such as Universal Studios, the Santa Monica Pier and the beautiful sandy beaches,

If you're visiting California and would like to book a luxury vacation rental during your stay, here are some great options for you.

Resthaven Properties
Resthaven Properties

Resthaven Properties is a collection of Black-owned luxury vacation properties. Resthaven Properties focuses on acquiring vacation property across the world's best travel destinations for predictable income and appreciation. So far, the luxury properties under the Resthaven Properties portfolio include Resthaven Los Angeles, Resthaven Tahoe, and Resthaven Zihuatanejo.

Resthaven LA, it is the perfect home for people looking to experience luxury travel, on company retreats, on their honeymoon or simply looking for a new adventure.

This home sits on 3,400 sq. ft., has 4 beds and 4.5 baths. Its close proximity to popular tourist attractions such as Muscle Beach, Ocean Front Walk and the Venice Fishing Pier makes it the perfect home for those looking to explore the city.

Resthaven Tahoe, an exquisite Black-owned boutique hotel located in California, South Lake Tahoe near Stateline & Edgewood, 4145 Manzanita Ave; a prime tourist destination.

This prime property offers 20 contemporary rooms equipped with smart keys and virtual check-ins. With guest amenities like newly renovated rooms, fire pit and outdoor space, this private escape offers the perfect mix of luxury, comfort and proximity to recreational activities.

Guests staying at the property can enjoy activities like kayaking, jet skiing, water sports among others at the warm and shallow beach. Other fun activities to engage in include hiking, cycling, golf, swimming, concerts, among others.

Resthaven Properties operate under membership options that disrupt traditional lodging and timeshare accommodations by implementing a pay once and use for a lifetime strategy. The team acquires properties in the 5-7M range based on the high potential for appreciation and a prime location for leisure travel and intentionally supports diverse vendors in each property.

For more information on Resthaven Properties, get in touch with us here.

2. Bali

Bali

Bali is an island in Indonesia and is among the best luxury holiday destinations. It is a world-renowned luxury travel destination known for its stunning natural beauty, rich cultural heritage and unparalleled hospitality. From the white sand beaches of Nusa Dua to the lush rice terraces of Ubud, Bali offers a wide range of experiences that cater to travelers looking for an exclusive and luxury vacation experience.

The island is also home to some of the world's most renowned wellness retreats, offering yoga, meditation, spa treatments and healthy cuisine. Bali's unique cultural experiences, including traditional dance performances and artisanal crafts, add to the island's allure.

Among the attractions that are worth checking out while in Bali include:

  • Stunning beaches like Kuta and Nusa Dua
  • Diverse cultural attractions. Bali has rich culture and traditions that the locals still practice. You can immerse yourself in local culture by watching a Kecak Dance performance at the Uluwatu temple or by visiting the different temples on the island like Tanah Lot and Tirta Empul
  • Delicious gourmet meals featuring different local cuisines
  • Friendly and welcoming people
  • Great shopping experience. You can be able to find traditional souvenirs as well as high end designer clothes.

3. Bora Bora

Bora Bora

Bora Bora is a tiny island that is located in French Polynesia. It is part of an island chain called Society Islands.

It is known for its crystal-clear turquoise waters, pristine white sand beaches, and overwater bungalows. This tropical paradise offers a range of luxurious accommodations, including private villas and resorts with stunning views of Mount Otemanu. Bora Bora is the perfect destination for those seeking a romantic and secluded getaway, with activities such as snorkeling, scuba diving and sunset cruises.

Tourists are usually drawn to this destination because of popular attractions like Matira Beach, the largest public beach with crystal clear water and soft white sand. Other amazing places that you can visit while in Bora Bora include:

  • Coral gardens where you can get to enjoy snorkeling as well as see coral reefs and a variety of fish such as Picasso triggerfish, butterflyfish, grouper and snapper
  • Mt Otemanu which is a beautiful volcanic mountain that can be seen from many places on the island
  • Lagoon tours
  • Bora Bora is also a popular wedding destination where many couples come to tie the knot and spend their honeymoon

4. Costa Rica

Costa Rica

Costa Rica is a small country in Central America. It is a luxurious travel destination that offers an immersive and sustainable eco-tourism experience. The country is known for its stunning natural beauty, with a range of ecosystems including rainforests, beaches, and volcanoes.

Costa Rica is a perfect destination for luxury travelers who seek an eco-friendly and authentic travel experience that combines adventure, relaxation, and sustainability.

It is considered among the best luxury destinations for because of the following reasons:

  • Its beautiful pristine beaches with tall palm trees
  • Adventure tours where you can get to take part in activities like white water rafting, scuba diving and bird watching
  • The locals are among the happiest people that you'll ever meet
  • It has incredible national parks such as Arenal Volcano National Park

5. Egypt

Egypt

Egypt is a country in North East Africa and is home to some of some of the most magnificent ancient pyramids in the world.

The country is known for its fascinating archaeological sites, including the Great Pyramids of Giza, the Sphinx and the Valley of the Kings. Visitors to Egypt can indulge in luxurious accommodations, such as high-end resorts with stunning views of the Nile River, and private villas with personalized butler service. The country offers a range of exclusive experiences, such as private tours of ancient tombs, hot air balloon rides over the desert, and luxury cruises on the Nile.

Egypt's cuisine is also a draw, featuring delicious dishes that blend traditional flavors with modern twists.

Here are a few reasons that you should definitely consider visiting Egypt:

  • Pyramids of Giza. These Pharaoh tombs are the last surviving wonder of the Seven Wonders of the Ancient World
  • Cruising the Nile. The Nile is the longest river in the world and is the best way to see the temples that are situated close to the river banks
  • Luxor's Temples & Tombs
  • White Desert
  • Diving in the Red Sea

6. France

France

France is definitely among the most popular travel destinations in the world. Before the COVID-19 pandemic hit, an estimated 90 million tourists visited the country each year.

The country is widely recognized as one of the world's top luxury travel destinations, renowned for its rich history, stunning architecture, exquisite cuisine and sophisticated culture. From the vibrant city of Paris to the picturesque French Riviera, the country offers a wealth of experiences that cater to the most discerning travelers.

Paris, the capital city, is a hub of luxury, featuring world-class shopping, fine dining, and exclusive accommodations. Visitors can indulge in haute couture fashion, sip champagne in elegant cafes, and explore world-famous museums and landmarks such as the Eiffel Tower, the Louvre, and Notre-Dame Cathedral.

Tourists visiting France are usually drawn by:

  • Paris, the capital city of France. It hosts chic cafes, stunning buildings and one of the world's most iconic landmarks, the Eiffel Tower
  • Beautiful landscapes such as the French Riviera and the Loire Valley
  • Exotic French cuisine such as confit de canard, rillettes, beef Bourguignon and fresh baguette and traditional French cheese
  • Stunning architecture in the form of cathedrals. Popular ones include Notre Dame de Paris and Notre Dame de Strasbourg

7. Hawaii

Hawaii

Hawaii is an island group that is located in the central Pacific Ocean, approximately 2100 miles South West of the United States' mainland.

Hawaii is a top luxury travel destination in the world, renowned for its pristine beaches, crystal-clear waters, stunning landscapes and rich culture. Visitors to Hawaii can indulge in a wide range of activities, from surfing and snorkeling to hiking and exploring dormant volcanoes.

The tropical climate, chill atmosphere and the culture of the people are just but a few things that attract tourists to Hawaii. Other popular attractions include:

  • Hawaii Volcanoes National Park
  • Pearl Harbor and USS Arizona Memorial, Oahu
  • Hanauma Bay Nature Preserve
  • Waikiki Beach and Diamond Head State Monument, OahuHawaii

Luxury accommodation is not hard to come by in Hawaii. In fact, an interesting fact is that most rooms are designed without radios, clocks, and TVs to help guests have the most relaxing time.

8. Italy

Italy

Italy is one of those destinations where if you go as a visitor, you'll be spoilt for choice when it comes to the places that you can visit.

It is among the best luxury holiday destinations renowned for its history, art, architecture, fashion and cuisine. The country boasts a rich cultural heritage, with ancient ruins, medieval towns, and Renaissance masterpieces that captivate visitors.

Italy's cities are a highlight of any luxury trip, with Rome offering world-famous landmarks such as the Colosseum and the Vatican, while Milan is a hub of fashion and design, and Florence is renowned for its art and architecture, including Michelangelo's David.

Some of the beautiful hidden gems that are a must visit include:

  • The Colosseum which is the largest and most frequently visited Roman arena
  • Florence Duomo Santa Maria del Fiore, which is considered as one of the finest cathedrals in the world
  • The Leaning Tower of Pisa
  • Vatican City: Basilica of St. Peter, Sistine Chapel & Vatican Museums
  • And don't forget to indulge in delicious Italian wine and pasta in fine dining restaurants

9. Maldives

Maldives

The Maldives is an exclusive luxury travel destination that offers a unique combination of natural beauty, relaxation and adventure. This beautiful country is located in Southern Asia, and is a collection of more than a thousand islands in the Indian Ocean.

Located in the Indian Ocean, the Maldives is an archipelago of over 1,000 coral islands, each with its own pristine beaches, turquoise waters, and vibrant marine life.

The Maldives is a paradise for luxury travelers, offering world-class resorts, private villas, and overwater bungalows that provide the ultimate in privacy and seclusion. Visitors can indulge in spa treatments, private dining experiences, and a range of water sports and activities, including snorkeling, diving, and sunset cruises.

Beyond relaxation and pampering, the Maldives offers a range of experiences for the adventurous traveler, including surfing, fishing, and island hopping. Visitors can explore local villages and markets, enjoy traditional Maldivian cuisine, or simply relax on secluded beaches surrounded by crystal-clear waters.

It's a very popular vacation destination for various reasons, some of which include:

  • Beautiful beaches with very clear water and no litter
  • Luxurious overwater bungalows
  • You can engage in fun water activities such as snorkeling, scuba diving and swimming
  • Serene lagoons
  • Beautiful Maldivian culture

10. South Africa

South Africa

South Africa is a premier luxury travel destination known for its stunning natural beauty, rich culture and adventure opportunities. The country boasts a diverse range of landscapes, from pristine beaches to rugged mountains, and world-renowned wildlife reserves.

Luxury travelers can experience the best of South Africa with high-end accommodations, such as luxurious safari lodges and boutique hotels, that offer world-class amenities, spa treatments, and gourmet cuisine.

South Africa's wildlife reserves, including the famous Kruger National Park, offer the opportunity to see the "Big Five" - lions, leopards, elephants, rhinos, and buffaloes - as well as a range of other animals and birdlife. Visitors can enjoy private game drives, guided bush walks, and hot air balloon rides over the savannah.

South Africa's vibrant cities are also a highlight of any luxury trip, with Cape Town offering stunning views from Table Mountain, world-class dining and shopping, and a vibrant cultural scene. Johannesburg is a hub of art and design, with museums, galleries, and fashion boutiques catering to the most discerning visitors.

South Africa's wine regions are also a must-visit for luxury travelers, with estates producing some of the world's best wines. Visitors can enjoy private tastings, vineyard tours, and gourmet dining experiences.

If you're visiting South Africa for the first time, here are a few places that you should consider visiting:

  • Stunning beaches in Cape Town
  • Vineyards and wineries, most of which are located just outside Cape Town
  • Kruger National Park where you can get to see the big five
  • Boulders Beach where you can get to see penguins
  • Table Mountain

Is Travel Worth It?

Travel is not only good for your body, but also for your soul. So, go for that luxurious vacation and make new memories by yourself or with your loved ones!

Bay Street Capital Holdings

Bay Street Capital Holdings Logo

Bay Street Capital Holdings is an independent investment advisory, wealth management, and financial planning firm headquartered in Palo Alto, CA. They firm manages portfolios with the goal of maintaining and increasing total assets and income with a high priority on managing total risk and volatility.

Founded by William Huston after 13 years of supporting the United States' largest retirement plan ($650B) Thrift Savings Plan, Bay Street was founded to advocate for diverse and emerging fund managers and entrepreneurs. In Scottsdale Arizona, Ekenna Anya-Gafu CFP, AAMS is recognized among the Best Financial Advisors for his responsiveness, friendliness, helpfulness, and detail.

Sources

[https://www.thepinnaclelist.com/articles/top-10-luxury-travel-destinations-around-the-world/] (https://www.thepinnaclelist.com/articles/top-10-luxury-travel-destinations-around-the-world/)

https://luxurycolumnist.com/best-luxury-destinations-worldwide/

https://www.allinahealth.org/healthysetgo/thrive/importance-of-taking-a-vacation

[https://www.travelandleisure.com/travel-news/vacation-for-life-evolve-rental-contest] (https://www.travelandleisure.com/travel-news/vacation-for-life-evolve-rental-contest)

[https://selecthealth.org/blog/2019/05/5-benefits-of-taking-a-vacation] (https://selecthealth.org/blog/2019/05/5-benefits-of-taking-a-vacation)

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