World's Best Boutique Hotels

We scoured the globe until we found the 31 best new hotels for under $150.

Phnom Penh, Cambodia
It's easy to confuse the Blue Lime with an apartment building—only a small gold plaque next to a sliding wooden door confirms you've found the 14-room hotel, opened last year by French expat Alexis de Suremain. Inside, all of the furniture (including the built-in shelves, tables, and window seats) is shaped from concrete. Green-silk curtains and fuchsia and tangerine pillows soften the urban vibe and brighten the rooms, most of which have balconies. Out back, banana and mango trees shade the saltwater pool., from $40 with breakfast.
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Cape Town
You have to be a bit of a dreamer to fully understand (and appreciate) the Airstream Penthouse Trailer Park, seven aluminum trailers perched on the rooftop of the Grand Daddy hotel. Local artists created fanciful themes for each of the rentals: The all-white Ballad of John & Yoko suite comes with a harmonica, a guitar, and board games for replicating the rock icons' 1969 bed-in; the blue Dorothy trailer is covered in white polka dots to echo Judy Garland's Wizard of Oz dress., from $120.
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