Katie Warren/Business Insider
The Lotte New York Palace is one of New York City's most iconic luxury hotels.
It's consistently ranked as one of the top hotels in the city.
Rates at the five-star Manhattan hotel range from about $280 for a standard king room to $25,000 a night for each of the two penthouse suites.
I recently got a tour of the $25,000-a-night penthouse suites, the Champagne Suite and the Jewel Suite, which are often booked by diplomats, Middle Eastern monarchs and royal family...
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