Are vacationing plutocrats the true victims of inflation?

looking for a slice of luxury this summer. Consumer prices are rising fast the world over but at the fanciest hotels they are soaring. Last year you could book a night at Le Bristol, Paris’s best, for less than €1,000 ($1,170) a night, if you looked hard enough. Now rooms are going for hundreds of euros more. The price of a gin martini at London’s Dukes hotel (straight from the freezer, and hands down the city’s best) is shooting up faster than the tippler’s blood-alcohol level after the first sip. A basic room on a Monday night in November at a new Four Seasons in California’s wine country is going for about $2,000.