But here’s the catch: With list fatigue setting in, who — and what — can you actually trust?
That question hit me after The World’s 50 Best Hotels named just two Australian winners: The Calile in Brisbane and The Tasman in Hobart.
No Sydney.
No Melbourne.
As I was planning a trip Down Under, I checked them out. Both were stylish, full of local flavor, and packed with energy. Still, I wondered: How did they land on the list, and what does it take to make the cut?
Turns out I’m not the only one asking. In a widely shared New York Magazine piece, journalist Ben Ryder Howe pulled back the curtain on the “hotel ranking industrial complex,” spotlighting the economics, politics, and PR driving today’s lists. Among those quoted was Financial Times travel editor Maria Shollenbarger, who echoed concerns about transparency and credibility.
Add in influencer hype, AI-generated content, and whispers of pay-for-play, and even the pros are questioning the rankings.
So I went straight to the source: the list-makers themselves, the PR pros who track them, and the travel advisors, to see how much sway they really have.
How Do These Lists?
Forbes Travel Guide
Forbes Travel Guide remains the gold standard, prized for rigor and consistency. Its anonymous inspectors rate properties against 700 detailed standards, from check-in efficiency to spa quality.
“Our goal is to provide hotels with a roadmap for excellence that is both highly detailed and completely impartial,” explains Amanda Frasier, president of ratings at Forbes Travel Guide.
Forbes now evaluates nearly 900 hotels worldwide. Reviews are merit-based, not voted on, and, while anonymous, the detailed reports can later be purchased by hotels for training.
Michelin Guide
By 2024, Michelin was already recommending 5,300 hotels in 110 countries before adding its new Key designation — one, two, or three Keys — bringing the same aura of prestige long associated with its restaurant stars.
“No fees are incurred for hotels within our selection, and Michelin is not paid for highlighting particular hotels, as our selection process is completely independent,” according to its anonymous chief inspector for North America.
Still, industry insiders note that partnerships with tourism boards can influence which regions receive attention. Michelin now doubles as a booking platform too, promising perks via its €99 annual membership.

