Located in the Palms Casino Resort, the Playboy-themed, Hugh Hefner Sky Villa is 10,000-square-feet and has a $700,000 Jacuzzi with breathtaking views of the Las Vegas Strip, as well as a bed that rotates beneath a mirrored ceiling, the Los Angeles Times reported Thursday.

The posh digs are the most expensive of 101 U.S. hotel suites featured in an annual survey conducted by Elite Traveler, a magazine for readers with average household incomes of more than $5 million.

Also making the list are the Hotel Bel-Air, the Hollywood Roosevelt Hotel, the Beverly Wilshire, the Setai hotel in Miami, and the Palms' Hardwood Suite, which boasts half a basketball court and a locker room.

Prices of the rooms start at $1,500 and include various perks like an indoor pool, personal chef or use of a Maserati Quattroporte sedan.

Doug Gollan, editor in chief of the New York-based magazine, said an "amazingly huge concentration of wealth" is creating a demand for these high-end suites.