7. As London’s property values go up, there are even more luxury restaurants, hotels, spas and facilities to make life for the super rich even more pleasurable.
It’s smart business thinking for the hospitality trade to appeal to millionaires in the UK.
They have money to spend and generally like to go overboard during their free time, making spas and luxury hotels right up their alley. Much like Harrods, these luxury spots have done a lot to make themselves even more appealing to millionaires in the UK in recent years. There are 100,000 Russian expats in London, and the super-rich ones have created their own society balls, art collections, and wine cellars, which means gorgeous venues, art dealers and wine merchants are doing very, very good business.