prestigious

A prestigious place or event is highly respected and admired by many people.

When we say something is prestigious, we usually mean that it's considered very special or elite. For example, an Ivy League university is often seen as prestigious because it's extremely selective and has a long history of producing successful and well-educated graduates. People might also think of events like the Oscars or Wimbledon as prestigious because they're exclusive and only the best in their field are invited to participate. If someone says that a restaurant is "one of the most prestigious in the city," it means that many people look up to it as a place where you can experience high-quality food and service.