Hotels are fine as far as they go. For a really luxurious vacation however, renting a private house or villa is much the better choice. Of course the prices at the top-end can be astronomical. If money is no object, however, a new book called Luxury Houses: Holiday Escapes is a perfect guide to the best high-end hideaways around the globe. One of the standouts is Chanel designer Karl Lagerfeld's former villa in Monaco (pictured here), which can be yours for a mere €30,000 per week. For that you get six bedrooms, panoramic views of the ocean and the mountains from an enormous terrace, a pool, Jacuzzi, game room and a tent on a private beach. The interior is described unironically as "quasi royal."

Also on display is the Birkenhead House in Hermanus, South Africa (about $7,000 per night) with eleven bedrooms and three pools, dominating a steep cliff above Walker Bay where whales frolic; and Villa Indigo in the Caribbean Sea within a protective reef in Anguilla with two pools and a private beach and sandbar, for $16,000 - $38,000 a week depending on the season; as well as dozens more ritzy rentals from ski chalets in Switzerland to modern palaces in China.