The unique Blue Sydney was originally a 1,310-foot long wharf built in 1911 on Woolloomooloo Bay. The architecture and decor of this luxury boutique hotel retain this history, mixing bits of the industrial warehouse look with a chic, modern design. The 100 rooms and lofts have posh, nautical style, as well as iPod docks, flat-screen TVs, and Wi-Fi (for a fee) -- but show some minor wear and tear. It's part of the Taj hotel chain, and is certainly one of the most luxurious hotels in Sydney -- located in a popular dining destination, near high-end restaurants and bars. The hotel's own on-site hot spot, WaterBar, is an impressive cathedral-meets-warehouse lounge with an extensive food and cocktail menu, stylish seating, stunning high ceilings and an overall ultra-cool ambiance. But it's a bit removed from more popular areas, such as the Central Business District.