One of the most famous hotels in the world, this Grand Old Lady of the East is fully restored to her former glory after an extensive $160 million restoration. Down the years, royalty, film stars, world leaders and famous authors have stayed at Raffles -- one of the last great 19th Century hotels. The refurbished complex includes a Shopping Arcade with 70 shops, a museum showing Raffles memorabilia and the Jubilee Hall, where musical performances are held regularly.