"Good things come in small packages" is not just a cliché in the boutique hotel world. Ever since Ian Schrager (former co-owner of Studio 54) opened Morgans hotel in New York City back in 1984, and his business partner, Steve Rubell, coined the term, boutique hotels have stood for individualized style, personalized service and exclusivity — so much so that many global chains are getting into the game, creating their own boutique brands. Now that such lodgings are ubiquitous, competition for a place at the top is stiff. For this reason, GAYOT has crafted a list of Top 10 Boutique Hotels in the World. From Bangkok to Puerto Rico, this collection eschews the cookie cutter experience for originality in some of the most appealing destinations on the planet.