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10297 LEGO Boutique Hotel. This LEGO Modular Buildings Set is classy cut above the rest as the attention to detail in the LEGO Icons Boutique Hotel stands out from the crowd.
Released in 2022 and part of the LEGO Icons themes, the LEGO Boutique Hotel is a great set for both builders and investors alike.
First launched in 2007, LEGO Modular Buildings are a unique, creative way for LEGO fans of all ages and experience levels to build iconic buildings from the ground up. Part of the LEGO Icons series, they are specially designed with feedback from both Adult Fans of LEGO (AFOL) and Teen Fans of LEGO (TFOL), so they offer advanced building techniques often not found in traditional sets. Most sets contain over 2,000 pieces, making it perfect for those who want to take their LEGO building skills to the next level. With vibrant colours and detailed designs, often with quirky features, these sets are known to bring a smile to LEGO collectors and builders faces.
Set Details
While many dream of holidays in a luxury hotel, in this model LEGO have created a set where every visitor’s wishes could come true. With 3066 pieces and 7 minifigures, LEGO 10297; Boutique Hotel, is a great buy…. If you can get your hands on one!
To celebrate this being the 15th Anniversary model, LEGO model designer Anderson Ward Grubb has hidden all sorts of references to Modular Buildings of the past into the set, which are also annotated throughout the instructions.
The 5-storey structure is inspired by magnificent turn-of-the-century European architecture and features a variety of unusual triangular geometries and elegant decor. Builders can assemble the guest rooms and penthouse suit, lobby, terrace and staircase to create a unique building for their LEGO town. With minifigures comprising of a hotel porter, receptionist, coffee vendor and gallery owner among the collection of hotel guests and staff, stories can be brought to life. Lots of imaginative features are included in the building, we especially like the Mondrian & the Picasso style paintings and clever parts usage including the use of a bumper car for top window, black snakes for architectural detail, LEGO cupcake holders upside down as lamps and much more.
Will this set also live up to investors dreams; read on to find out!
| Model Name | Boutique Hotel |
| Model Number | 10297 |
| Theme | Icons |
| Sub Themes | Modular Buildings |
| Pieces | 3066 |
| Minifigures | 7 |
| Launch Date | January 2022 |
| Current Status | Limited Availability |
| Date Retired | N/A |
| RRP | £200 |
Investment Potential
We have been massive fans of the LEGO Modular Series since it launched way back in 2007. There have been plenty of amazing LEGO investment successes since within this LEGO theme. The theme has been rock solid and with the LEGO build quality and imagination so clearly on display with this soon to be classic LEGO model, we would suggest this is a set to buy now!
| Launch RRP | £200 |
| Price Per Piece | £0.07 |
| Launch Price per piece | £0.07 |
| 5th Year Value | £261 |
| Percentage Increase | 31% |
| Expected Annual Growth | 9% |
| Theme Growth | 6% |
| Sub Theme Growth | 19% |
Theme Analysis
This is most definitely a LEGO Icon set and feels very at home in great company amongst sets new and old that have had LEGO investors purring over for some time, with an average annualised growth of 7% year in year out. We have run the ruler across some key LEGO Icon sets below. We looked at LEGO Roller Coaster, LEGO Brick Bank, LEGO Carousel and LEGO James Bond Aston Martin DB5. These together have a simply sensation average annual growth of 19%.
| Set Number | Set Name | Retired Date | RRP | Current Value | Total Growth | Annualised Growth |
| 10261 | Roller Coaster | March 2022 | £300 | £318 | 6% | 5% |
| 10251 | Brick Bank | November 2018 | £120 | £431 | 259% | 34% |
| 10257 | Carousel | December 2019 | £160 | £335 | 109% | 25% |
| 10262 | James Bond Aston Martin DB5 | January 2022 | £130 | £150 | 15% | 12% |
Comparable Set Analysis
If we focus on only modular sets though the picture is as beautiful as this LEGO Set itself with some amazing LEGO Investment performance. An incredible 19% annualised growth across the set theme. We below have shared some example LEGO sets that we can directly compare to. LEGO Palace Cinema, LEGO Brick Bank, LEGO Pet Shop, LEGO Green Grocer. These sets have an average annualised growth of 21%.
| Set Number | Set Name | Retired Date | RRP | Current Value | Total Growth | Annualised Growth |
| 10232 | Palace Cinema | November 2017 | £120 | £281 | 134% | 17% |
| 10251 | Brick Bank | November 2018 | £120 | £424 | 253% | 33% |
| 10218 | Pet Shop | November 2016 | £120 | £218 | 82% | 10% |
| 10185 | Green Grocer | November 2010 | £100 | £1302 | 1202% | 23% |
Conclusion
We always love to finish a LEGO investment feature with a firm thumbs up and this truly is one of those. Its part of an excellent LEGO theme in LEGO Icons and one of the most consistent sub themes in LEGO Modular. With this being an extra special set with it celebrating 15 years of modular LEGO, unique and creative building elements, great unique LEGO minifigures. It literally is a gift from LEGO Investment Heaven. Buy Now at LEGO.
