Originally Posted by KatW

http://www.wsj.com/articles/ian-schr...EditorsPicks_1

Excerpt: "A pioneer of the boutique hotel concept, Mr. Schrager says popular five-star brands such as the Four Seasons and Mandarin Oriental Hotel provide top-notch service but offer little inspiration in terms of design or aesthetics.

“These luxury guys are vulnerable,” he said during an interview at his downtown Manhattan office, which is decorated with newspaper clippings, architectural renderings and printouts of TripAdvisor reviews. “There’s the same opportunity in the luxury space today that we saw with boutique 25 years ago.”