Skybox (noun)

1. A luxury box or suite, typically in a sports arena or stadium, that offers a panoramic view of the playing field and other amenities.
2. A luxury seating area in a theater or concert hall that is set apart from the main seating area.

Origin:

From sky + box.

Examples:

1. The couple watched the game from their skybox.
2. Skyboxes are often rented out for corporate events and parties.
3. The skybox provided a great view of the field and had a private restroom.
4. The skybox ticket cost more than a regular seat.
5. Skyboxes are also available in some high-end theaters and concert halls for a premium viewing experience.