Out of Office Special

When $1,600 a Night Is a Good Price for a Hotel

Why high-end lodging rates have gone through the proverbial roof.

Hotel La Palma.

Photographer: Umberto d’Aniello

This story is part of Businessweek’s Out of Office Special. Read more from the package here.

If you’re paying $1,600 per night for your luxury hotel room this summer, you may be getting a fantastic deal.