Kinda depends on the price of the place, right? A $500/night hotel might have a few upper middle class folks on a splurge (a honeymoon, some kind of points-based play on their credit card, etc.). A $2000/night place filters out the merely rich and leaves only the ultra rich. And a $10,000/night place isn’t even accessible as a bucket list item for even the 1% but not 0.1% types.