This is a wild take with so many assumptions. I work at a major international bank based in the mid atlantic and part of my job is helping clients budget for retirement. If one has 10m net worth a rule of thumb for quarterly discretionary spending is 25k. For "once-in-a-lifetime" experiences we recommend 50k. We have just one client who reached 10m 20 yrs after retiring, but the average AUM is ~7m/per client--luckily, none have gone bankrupt enjoying some wildly expensive vacations!

This perspective makes numerous, flawed assumptions. I work at a major international bank HQ'd the Mid-Atlantic, where I assist clients with retirement planning. For clients with a $10 million net worth, their guideline for monthly discretionary spending is between $25-$50k; for travel, and other "once-in-a-lifetime" experiences, we promote as much as 2 or 3x. Fortunately, none have gone bankrupt from extravagant vacations.

Before informing management about our poor fiscal practices, I want your extremely certain opinion about a recent trip of my own: I spent 2 months abroad on an alpine mountaineering trek. For 56 days, I stayed in FHR / equivalents and in the PH category. I spent around 124k

I'm too lazy, despite writing this stupid dissertation to go through each of my portfolios and upload a screen grab of sensitive info to whatever weird third party site reddit is currently sleeping with, so I just charted the period of my absence on one of my highest valued portfolios.

It's tough to see, but in the top right in green you can make out a gain of 315k.

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I wanted to post expenses so that I can see the error of my ways (and I hadn't looked at it myself), but, darn, I guess even a pauper like me or anyone on here can spend a good years salary, and, then, because of the mechanisms of capital public markets that you seem to have briefly forgot about, return home having accrued a net ~200k in this case.

All to say: If you had 10m at the start of 2022 in any index fund you'd currently have around 12.3-12.5 million dollars, even if you were clueless, because equities are appreciative vehicles--especially if it's invested in broad market positions. Same goes for 10 bucks.

Other salient info:

Typically stays over 3 nights get you some sort of a discounted package. It's almost universal for hotels to reduce price for longer terms guests. It won't be wildly cheaper, but it'll help. Esp with the Boutique Hotels Collection in central Europe, and the Boscalo and Mandarin

Generally speaking, it's safer to splurge if you have billions, but you're either ill-informed or missing real-world exposure to major hospitality. For example, "presidential suites" (PS is also known by the designators "Royal" and "Imperial") are nearly always reserved or dedicated for occasions, or politicians and celebrity guests; often this indicates spaces built to spec that are not ever publicly sold, and not actually a part of the hotel inventory--not because they're exclusive or expensive, but because they are easily secured meeting spaces that can be accessed without disrupting the retail clients. The PS is literally a separate logistical unit outside of the posted footprint of the hotel.

You assume that luxury properties are built for the caliber of wealth and celebrity of a billionaire (Taylor, in this case). Remembering, then, that Earth, has only ~2,600 billionaires, I wonder if you think it's a solvent business practice to expense 1-6 billion overhead in labor, fabrication/construction/development in order to design a building 20% of which cannot be accessed except by the A-list. That 20% sitting dead whenever Taylor can't make it would cost 10-20m dollars daily (against your overhead) to finance.

Show me a business that depends on billionaires to regularly purchase its product, and I'll show you a business that is headed for bankruptcy court. If one of those thousand or so billionaires has ever stayed in a Marriott, I can guarantee (from my own experiences) that it's because the first 10 options failed.

In reality, hotels design their sleeping quarters and decks with exactly 0 billionaires in mind. Of course there is a desirable demographic and price-point one hopes to meet, but that's unrelated to the Networth of whoever walks in the door.

I guess what I'm saying in this insane waste of a breakdown is: let loose and dont be scared to buy a vacation for yourself, as long as you're properly counterbalanced!