4 hotels that are worth more than $1 million a room

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With the rise in millennials looking for jobs allowing them to work remotely, the hotel industry has seen a drastic rise in sales.

The suddenly high demand for luxury rooms has allowed sellers to increase the price of establishments, resulting in investors dishing out millions to invest in popular hotel franchises. In certain areas, investors are paying more than $1 million per room to buy a single hotel.

It's expected that areas such as New York and California are at the top of the list for expensive real estate, but the actual hotels that have a million-dollar price tag may surprise you. Take a look at the slideshow below for more information.

4 hotels that are worth more than $1 million a room:

11 PHOTOS
$1 million hotels
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$1 million hotels

Montage Laguna Beach, Ca 
Price: $1.4 million per room

Photo credit: Facebook.com 

Montage Laguna Beach, Ca 
Price: $1.4 million per room

Photo credit: Facebook.com 

Montage Laguna Beach, Ca 
Price: $1.4 million per room

Photo credit: Facebook.com 

Baccarat Hotel, NY 
Price: $2 million per room 

Photo credit: Facebook.com 

Baccarat Hotel, NY 
Price: $2 million per room

Photo credit: Facebook.com 

Baccarat Hotel, NY 
Price: $2 million per room

Photo credit: Facebook.com 

Waldorf Astoria  
Price: $1.4 million per room

Photo credit: Facebook.com 

Waldorf Astoria 
​​​​​​​Price: $1.4 million per room

Photo credit: Facebook.com

Malibu Beach Inn, Ca 
Price: 1.7 million per room

Photo credit: Facebook.com 

Malibu Beach Inn, Ca 
Price: 1.7 million per room 

Photo credit: Facebook.com 

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