Short Cuts

LAP OF LUXURY Even in the low-budget haven that is Southeast Asia, grimy Siem Reap is exceptional in its appeal to backpackers: it's easy to live on the cheap as you explore Angkor Wat. Yet within a five-minute walk from an unpaved alley of $2-a-room guesthouses, the elaborate Grand Hotel d'Angkor offers its top digs for—are you sitting down?—$1,900 a night. The hotel has two 400-sq-m villas that come with everything a Hollywood star or head of state might want: two bedrooms with marble bathrooms, linens of Khmer silk and a private wine cellar. Guests—they've included director Oliver Stone, supermodel Kate...

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