In a city dominated by either mega hotels or budget guesthouses, last night Vikram Chatwal’s Dream Hotel (Sukhumvit 15) joined Bangkok’s short list of boutique hotels (e.g., The Davis, Eugenia, Reflections).

Vikram Chatwal’s famous “Hautel Couture” brand only operates in a few cities worldwide. The only other Dream Hotel is in New York, and the fact that Chatwal chose Bangkok as his next destination is another sign the city may be moving up from the B-list as a world-class destination.

Like the Dream Hotel in NY, this one dons decadent rooms with a fetish theme, which was particularly apparent at the opening party where showrooms were strewn with models half naked or tied up. (Incidentally, it is also where Tata Young shot her latest controversial music video El Nin Yo)

Small yet luxurious rooms start at 129USD during the promotion.