A view of the glamorous Baccarat suite at the Baccarat Hotel, New York

LUX’s Editor-in-Chief Darius Sanai checks in at the Baccarat Hotel New York for some Midtown glitz

Midtown Manhattan, directly opposite MoMA: until recently, something of a luxury hotel desert. But not now. Exit your car, breathe the interior perfume as you are ushered into the elevator and emerge on a mezzanine floor that is like a very chichi boutique townhouse of the type that might appear in the TV series Gossip Girl.

The mezzanine is a series of interwoven rooms that actually more resemble a series of townhouses melded together. A little reception area here a living-room area there, a bar here and an outside balcony/terrace over there.

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A townhouse owned by a billionaire, then. The decor is very out there:  Baccarat crystal chandeliers everywhere, quite beautiful craftsmanship on mirrors (also everywhere), deep-pile carpets, bold darks and bright lights contrasting on the walls and ceilings. The Baccarat feels like a French château reimagined for 21st-century luxe Manhattan.

Baccarat crystal chandeliers contrast with checkerboard floors in The Bar

And that’s before we got to our room. Light carpets, a modern four-poster bed, huge windows looking out beyond the roof of MoMA and quite the most striking in-room bar. This comprised a fold-out, red-lacquered piece of marquetry containing a set of striking and heavy Lalique cut-crystal glasses, silver tongs and accessorise, and an array of spirits and bottles. Not feeling like any Blue Label during our stay, we used the glasses for water.

Le Jardin terrace was abuzz with young, wealthy New Yorkers sipping some quite original cocktails, all served in Baccarat crystal, of course. We enjoyed a Magic Eye, comprising tequila, mezcal, cinnamon syrup, green apple and cereal milk, refreshing and quietly deadly. You can eat on the terrace, or in the adjoining Grand Salon, where we had dinner the following night. Jamón ibérico, langoustines de St Tropez, crab daikon roulade – a panopoly of modern European with a brush of East Asian.

Read more: Hotel Crans Ambassador, Crans-Montana, Switzerland Review

The Baccarat’s location is also refreshing in many ways, midtown being literally in the middle of it all, so, even if your meetings are on the Upper East Side, Hudson Yards and SoHo, as ours were, it’s not too far from anywhere, and indeed makes New York walkable. Not that many guests at the Baccarat would do that, I suspect. They would rather get their exercise in the very stylish indoor pool, and add additional glow at the Spa de la Mer, before jumping into the complementary city car service, or jumping into their awaiting Escalade. Chic.

Find out more: baccarathotels.com

Alpine views from a snug Crans Ambassador terrace

In the first installment of our luxury travel views columns, LUX’s Editor-in-Chief Darius Sanai checks in at the Hotel Crans Ambassador in Crans-Montana, Switzerland

All holiday locations go through phases of being in and out of fashion. St Tropez, so Bardot-chic in the 1960s, was not a place to boast about in the 1990s, but came back with a bang in the Zeros.

Similarly with ski resorts. St Moritz took a yo-yoing in the cool stakes; Courchevel, always upmarket, was really made by Russian money following French fashion and may have plateaued Klosters peaked with (then) Prince Charles in the 1980s and has faded mildly ever since.

And so to Crans-Montana, a rarity in Switzerland in being a meld of traditional village and newish (late 20th century) resort. All the rage in the 1980s, it faded from the global spotlight (while keeping its loyal clientele, largely drawn from old-school European money) in the ensuing decades as Verbier, opposite and down the valley, grew in stature due to its big off-piste offering.

Fresh Peruvian/Asian fusion flavours at La Muña

Now, Crans is coming back. This was evident in our first night at the Ambassador. In the soulful La Muña restaurant, looking out over snowfields to a vista of mountains glowing in the moonlight, the sommelier recommended a Swiss red wine. After sampling it – a delightful balance of spice, delicacy, savoury herbs and black fruits – we asked where was from. “Just here,” was the response, with a smile and a gesture to the snowfields. The vineyards making this magnificent wine were a few hundred metres down the slopes.

Not that have great wine estates (there are a number in the Rhône valley below) is a marker for a hot ski destination, but, as cuisine becomes more local and clients more discerning, the Ambassador is a showcase of how that should work.

Our room – all lavish- cosy Alpine chic, had a breathtaking view over snowfields and the Rhône valley to the high peaks of the Valais, and a broad balcony big enough to play ice on (almost).

The Crans Ambassador is 20th-century class remade for the 21st: a place for wealthy families to visit over time, which has refreshed itself over the years without ever becoming a slave to fashions.

Find out more: cransambassador.ch

The Beach House terrace at the Rosewood Le Guanahani

With its gleaming white sands and jet-set visitors, St Barths is known as the most exclusive and extravagant of the Caribbean islands. Candice Tucker discovers natural wonders, beautiful hotels and a party spirit

It may be an exclusive destination today, but it is possibly that the early Arawak communities of the tropical island of St Barths were never sufficiently impressed to put down roots – poor soil and water sources saw to that. St Barthélemy has always relied on imports- from food to fresh water and, for the past half century, the super-wealthy.

Restaurants, beach clubs, taxis, villas -all are expensive on the 25sqkm island. unlike other Caribbean destinations, there are no cheaper options. Only the best is available. An unexpected benefit is that local workers expect salaries high than those in London, New York and Hong Kong.

A view of Gustavia, capital of St Barthélemy on the west of the island

To enjoy the island’ delights, visitors must first arrive. This is slightly hair-raising as your six seater plane has to land between two mountains on one of the world’s shortest runways. not recommended for nervous fliers.

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My first stop was the Rosewood Le Guanahani, located on a private peninsula in the northeast and featuring 66 contemporary rooms and suites, each with a private terrace, in villas and cottages.My experience began by being escorted to a spacious yellow bungalow whose overlooked small green islands in the sea. The room was light and airy with pale walls, white wood-beamed ceiling and soft furnishings offset by dark wood floors and furniture.

The two-bedroom Lagoon Suite, situated directly on the beach, at the Rosewood Le Guanahani

The hotel, unlike many in St Barths, enjoys a calm sea and is ideal for families. Its spa features a serene adults-only pool and offers a variety of relaxing treatments. However, you might find simply lazing on a loungers at one of the hotel’s two beaches, being offered ice-cold mango sorbets and accras de morue (a delicacy of spiced salt-cod fritters), enjoying uninterrupted sea views, is relaxing enough.

In the evening, I joined the hotels live music barbecue. The ceviche stand offering a choice of sliced fish with limitless toppings of tomatoes, cucumbers, onion, and exotic fruit was a highlight, as was enjoying sunset overlooking the sea. Set in 18 acres, the resort is St Barths’ largest, and amenities include non-motorised water sports and a private gentle hike to the hilltop, from where you can view half of the island.

The hilltop bungalows and villas of Villa Marie

For a different but equally special experience, I stayed at Villa Marie’s Gyp Sea Hotel, a boutique hotel of 22 bungalows and villas in the northwest. As it is situated in the hills near the island’s highest point, there is no direct beach access, but Villa Marie cocoons you in a tropical paradise, with spectacular views from each room’s terrace.

The palm tree-shaded pool in the Secret Garden at Villa Marie

Hikes around the property give you various views of the island and beyond to Anguilla, 43 km away. A walk through a forest, surrounded by goats, down to Colombier Beach is not one to miss. The hotel’s own beach club, Gyp Sea on Pelican Beach, is a few minutes from the hotel and, whether you stay at Villa Marie or not, it’s a must-see – all white sand and turquoise waters.

Read more: Badrutt’s Palace St Moritz, Review

The menu offers rustic-chic specialties including albacore tuna on toast and heavenly platters of profiteroles. At 3pm the music starts and everyone dances on the tables, in true St Barths spirit.

The elegantly bohemian living room of the Pool Suite at Villa Marie

Another day, I enjoyed a massage at the hotel listening to the chirping rainforest sounds, followed by a dinner at the hotel’s Restaurant Dolce Vita. The aubergine parmigiana and tiramisu were as good as you would find on the Amalfi coast, and the live music that plays every night was the perfect end to this alluring escape.

Find out more:

rosewoodhotels.com/le-guanahani

gypsea-stbarth.com

This article first appeared in the Autumn/Winter 2023/24 issue of LUX

Galleria Vittorio Emanuele II mall in Milan: The city has long been a magnet for the world’s wealthy

LUX speaks with Alan Hooks, Managing Director, Head of Private Clients UK at Julius Baer, about the Swiss private bank’s 2022 report on the changing consumption and spending habits of the wealthy around the world

Alan Hooks

LUX: Are we seeing a generational change in the way high net worths (HNIs) and ultra high net worths (UHNIs) spend and invest, taking into account sustainability considerations?
Alan Hooks: Certainly we have seen that shift in approach from a next generation perspective, and that’s where the acceleration of these conversations are coming from. So when you talk about investment habits, the majority of those conversations are held with the future custodians of the wealth of the family, so we are seeing that manifesting itself quite considerably in those conversations.

When it comes to consumption habits, the report also shows that high net worths, and ultra high net worths are typically early adopters of new technology, new product design, that will have a positive impact on the environment. With that advocacy comes some responsibility because typically that early adoption will mean others will start to follow. I think that’s an important trend to observe, and we’ve seen that come out of our Global Wealth and Lifestyle Report over the last few years.

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If you look at the shifting patterns of consumer spending, you’ll see a move from possessions to experience. In particular, that can be seen from the report in terms spending on health, and travel and leisure have been quite significant in the in previous years. During the pandemic were not able to freely travel as much as they would have done, but now it’s over, that is strong. We are certainly seeing from a London perspective the leisure and tourism sector is an area where discretionary spend is high.

Heston Blumenthal’s restauarnt The Fat Duck, outside London. High net worth individuals are spending more on experiences according to the report

LUX: You rank various cities in the world in terms of their cost and desirability. Any place stand out of particular interest?
AH: What’s great about the report is that we highlight cities around the world where there is still great opportunity, Sao Paulo for example, has a significant population, high degree of a younger (wealthy) demographic signifying great opportunity.

LUX: What other elements are important for HNIs and UHNIs?
AH: What recent months have shown us is the focus on security and safety and countries and cities that can offer that level of security and stability, are important. In this demographic that becomes important as a factor in terms of where people are basing themselves or may be relocating. Other considerations such as lifestyle, education and so on are also important. The cosmopolitan nature of cities around the world, certainly for international families, is important.

Expensive but exclusive adventure experiences like Sven Lindblad Expeditions gives guests the opportunity to see sites like this iceberg in Ilulissat, Greenland

LUX: Crystal ball gazing, what do you expect to see in next year’s report?
AH: I think I would expect to see trends continuing in terms of continued focus around health and well-being. I would be interested to see whether the challenges that we’ve observed in the 2022 report will remain in the future, or whether that starts to settle. For example, if we look at some of the findings on London in leisure, we see a significant demand for leisure, tourism, hotels and restaurants. We are also hearing from hoteliers and restauranteurs about the challenge around finding staff.

Read more: Chef Heston Blumenthal: The Culinary Resurrector

It will be interesting to see and hear from respondents over the next 12 months whether this trend is continuing and how things are faring as a result of things settling down after the pandemic. It will also be interesting to observe the levels of creativity we find from businesses in product design and in servicing high net worth and ultra-high net worths. What we have learned in the pandemic is that typically there has been innovation and creativity in these areas.

Find out more: juliusbaer.com