Not necessarily true, luxury hotels have a great deal of business travelers as guests, and host MICE functions.

But there are obvious reasons why larer MICE functions are hosted at larger (usually four star) chain properties because they can accommodate those groups.

Also, business travelers may have corporate rates at specific properties, or be restricted to pre-approved options. And, of course some people are not comfortable expensing the most expensive hotel in town, when there are less expensive options that don’t scream “conspicuous consumption”. So, it depends on the individual traveler’s situation.

If one just needs a bed for the night, a Hyatt for $300/night might fit the bill. If entertaining a client, a $1,500/night FS executive suite would be better.

Some corporate rates at luxury are a fraction of BAR.