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Top Spots for Cheap Luxury Hotels

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Photo: Courtesy of Banyan Resort

Key West, Florida

Why: There are surprisingly wide options in Key West, from big brands to small independents-and the secondary market isn’t just full of hurricane season properties, either.

What We Found: In Old Town, we found The Banyan Resort, a restored old home with more of a B&B vibe than your typical timeshare property. On RedWeek.com a rental was going for $214 night, based on seven nights, and a resale was being offered for $3,800. In these cases, the rental seems a better bet, since both fall during hurricane season. A resale of a week during winter months was going for $18,500.

Reality Check: A regular one-bedroom rental starts at $235; the resort is sold out of new timeshares, but it also sells its own resales, ranging very competitively from about $5,000 to $18,000, depending on the season (866-371-9222; thebanyanresort.com).

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Travel + Leisure

Top Spots for Cheap Luxury Hotels

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