The Wealth Bulletin has compiled a new list of the World’s Top Ten Most Expensive Hotel Rooms.

Despite the past year’s financial and economic turmoil, prices at the best hotel suites have risen by an average of 10% this year.

The winner is the Royal Penthouse Suite at the President Wilson Hotel in Geneva Switzerland which charges a whopping $65,000 a night.

Burj Al Arab, one of the most luxurious hotels, has received four new bespoke model Phantom Rolls-Royce’s into its already extensive luxury vehicle range.

The iconic hotel has enlarged the fleet of Phantoms to ten - all of which have custom-made features specifically crafted to reflect the unique opulence of the hotel.

The four Special Edition Phantoms are hand built with custom-made wood with Gold Inlays matching the Burj Al Arab logo and unique Greek inlays harmonizing with the hotel’s rooms.

The Chinese Communist Party has told its members to embrace austerity after a series of embarrassing revelations about extravagant business trips.

The latest scandal came when 14 officials from the southern province of Guangdong went on a two-week junket around Africa and the Middle East that included a stay at the Burj al-Arab, a seven-star hotel in Dubai.

The junket, which included stops to buy diamonds and a belly-dancing show, was exposed by Chinese bloggers last week. The head of the trip has now been fired for wasting public money and ordered to repay the bill of over 450,000 yuan ($65,000).

Royal Suite, Burj Al Arab

Demand for the top end of the luxury hotel market has been unaffected by the credit crunch, keeping prices for the best rooms at very high levels : the superrich are still willing to spend huge sums on staying at the best hotel rooms in the world, paying as much as $34,000 a night to lodge at the most luxurious suites, according Wealth-Bulletin’s survey of the Top Ten Most Expensive Hotel Rooms in the World.

Also worth noting is the appearance of Dubai (the Burj Al Arab’s Royal Suite, above) and Moscow hotels on the list, which would have been unheard of just a couple years ago. Here are the Top 10:

1. The Warner PentHouse, Four Seasons; New York, $34,000 per night.
2. Royal Penthouse suite, President Wilson Hotel, Geneva, $33,000 per night.
3. The Presidential Suite, Hotel Cala Di Volpe, Costa Smeralda, Italy $21,000 per night.
4. Royal Suite, Burj-Al-Arab, $18,000 per night.
5. Royal Armleder Suite, Le Richmond, Geneva, $17,500 per night.

6. The Ritz Carlton Suite, The Ritz Carlton, Moscow; 16,500 per night
7. The Royal Suite, Four Seasons George V, Paris; $15,500 per night
8. The Imperial Suite, Park Hyatt Vendome, Paris; 15,500 per night
9. Brook Penthouse, Claridges, London, $10,000 per night
10. Penthouse Suite, Hotel Martinez, Cannes, $9,300 per night (During the Cannes film festival week in May the price rockets to $48,000 a night).

The Burj Al Arab Jumeirah resort in Dubai, is acknowledged as the best hotel in the world.

The stellar customer service starts the moment you land in Dubai, with a chauffeur picking you up in the Rolls Royce that will be yours for the duration of your stay. When you arrive at the breathtaking hotel which stands 321 meters tall in the shape of a sail, you are taken directly to one of the 202 suites where you are checked in, a service that guarantees your privacy.

Each sprawling suite is two levels, and has floor to ceiling windows providing breathtaking views of the Arabian Gulf. Some of the listed in room features are, a private elevator, private cinema, a rotating four-post canopy bed,a separate butler entrance and a study area with a library.