The jaw-dropping, close-up vista of both the Opera House and the Harbour Bridge is a major selling point, but you get what you pay for (and that's a lot) – the cheaper rooms offer just glimpses of what the more expensive suites have framed through their windows. A recent refurbishment has transformed the top-end suites into über-minimalist apartment-style hangouts. Extras include a rooftop swimming pool, deluxe spa and much-vaunted 24-hour butler service.
Time Out tip: The Park Hyatt’s minimally named bar the Bar makes some of the best cocktails you can find by the water; and definitely the best club sandwich.