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Luxe Lodging

The luxury hotel market is sizzling hot. If you need proof, try to book a room at a New York City luxury property. If you can even get a reservation, you'll find that mid-week rack rates for standard high-end rooms are $700 and up. And while high rates and occupancies usually portend a building boom, few luxury center-city or resort hotel openings are on the horizon. Yet, in July two new luxury chains debuted, signaling a renewed hunger in the marketplace for new luxury products. One announcement, Horst Schulze's launch of Solis Hotels and Resorts, had been expected ...

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