This sprawling 140-acre resort feels more like a Renaissance palace than a hotel. The oceanfront grounds are defined by historic architecture and elegant landscaping, and the extensive features include five swimming pools, two 18-hole golf courses, 10 tennis courts, 9 restaurants, and 10 boutique shops. The Breakers’ 540 rooms include all of the modern amenities -- minibars, flat-screen TVs, free Wi-Fi, and iPod stereos -- but most feel a bit cramped for the price. The only major downside of The Breakers is its expensive, albeit delicious, on-site dining: A family of four could easily spend $350 a day on food, without ordering anything special. As far as competing hotels in Palm Beach go, nothing compares to the luxury found at this iconic property.