The best hotel of the world in 2023 is an Italian facility on the shores of Lake Como. Passalacqua, the luxury boutique hotel in Lake Como, takes the top spot. Located in an 18th century villa with spectacular terraced gardens running down to the water, the De Santis family has created an exquisite 24-room property with the feel of a private home. No.2 is Rosewood Hong Kong, in the city's Victoria Dockside arts and design district with views over the harbour.