The 300-room Peninsula Hong Kong is the city's oldest hotel; built in 1926, it evokes the elegance of the '20s but the modern sophistication of the 21st century. The grand lobby features high, gilded ceilings and stately pillars, and hosts the hotel's popular afternoon High Tea. The European-style rooms are classic and tasteful, if a bit stuffy to some, and marble bathrooms have separate showers and soaking tubs. The amenities are, as expected from such a high-caliber hotel, top-notch: six gourmet dining options, an indoor pool, a full-service spa with stellar city views, and a modern fitness center, also with stunning views. Many people (who can afford it) stay here for the bragging rights alone -- after all, some of the hotel's guests are flown in by private helicopter. The vibe is very upscale, and there's even a dress code that's enforced throughout the hotel (no flip-flops allowed!). The location in the touristy Tsim Sha Tsui neighborhood, near designer shopping and Victoria Harbour, is very convenient.