- Ian Schrager, legendary hotelier and Studio 54 cofounder, says luxury hotels will change in two main ways over the next 10 years.
- Luxury hotels will get smaller, with only 80 to 90 rooms, but each room will be larger, Schrager says.
- These hotels will also be very expensive with the finest details, “catering to that 1%,” he said.
- Schrager, credited with inventing the modern boutique hotel, has created successful hotel brands including EDITION and PUBLIC, as well as the Delano Hotel in Miami and the read more >>>
Source : BusinessInsider.Com