5 star hotel living is making a comeback across the globe, from Arizona to London, even the Ritz Carlton is getting into the game. With services like a spa, 24/7 dining and butler service, hotel companies are looking to attract affluent families who want the prime location and service, but without the sweat of owning and maintaining a private residence.

More over, the recent upswing in luxury hotel condos can be attributed to the decline in available luxury properties in the more cosmopolitan cities.

While the Ritz-Carlton has perhaps the most impressive list of locations, others in places like Las Vegas, London and New York are hoping that this new lifestyle will catch on. In the past three years New York alone has seen an explosion of luxury hotels converting rooms and suites into condominiums, and one NYC hotelier reports "the response has been overwhelming".

"Purchasers are showing they put value in being associated with these brand-named hotels", said Bjorn Hanson, a hospitality consultant.

5 star services, convenience of location and exclusivity seem to be more important than the hefty price tag of some of these properties. In New York alone these types of properties start at $7 million and can exceed $30.

The Residences is a condominium hotel enclave built on the MGM GRAND grounds in Las Vegas . Suites come with the pleasures of being an owner and a pampered hotel guest: from spa facilities to restaurants, and from the enormous casino to the Studio 54 night club.

Priced from USD 450,000 to 5.9 million

       

Trump Grande Ocean Resort and Residences, located at the midpoint of the Miami Beach - Ft. Lauderdale corridor.

Expansive sea vistas provide the backdrop for an enclave designed for a rich, sophisticated lifestyle. This three-phase development, emerging as one of South Florida's most sought-after addresses, is reserved for those with uncompromising taste and requirements.

At last, an answer to the demand for the ultimate expression of the luxury lifestyle.

Priced from USD 650,000 to 25 million

The Ritz-Carlton, New York

The exquisite apartments, ranging in size from 3,895 to 9,500 square feet, have been designed to endow each principal room with panoramic Central Park views, framed on either side by the mansions of Fifth Avenue and Central Park West. With every floor unique in composition, the foundation is in place to realize one's personal vision of a classic Manhattan home.

Priced from USD 10 to 23 million

The Knightsbrigde development In London under the Management of Hyatt International Hotels

For the first time in London, a residential address will receive first class services usually only found in the world¦s most exclusive hotels.Centrally located in the city of Westminster, Knightsbridge is an exquisite part of London and home to the social elite. The area contains many of London's finest restaurants, shops, art galleries and hotels.Knightsbridge itself is a premier international business location, which benefits from its close proximity to the West End and is in easy reach of the City of London and Canary Wharf. Knightsbridge is also famed for Hyde Park where you can walk, run, go horse riding or boating on the large Serpentine Lake.

Prices upon request