Here’s What You Get for $350—and $2,500—in Five European Hot Spots

When considering where you’re staying on vacation—or in some cases deciding where you’re going in the first place—there’s the inevitable question: Should you try to save money on your room? Or splurge on it?

Another option is to simply do both. You can stretch your next vacation by take a page out of fashion’s playbook and opt for a high-low approach, combining splurge-worthy new escapes with more affordable (but no less fabulous) boutique stays.