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As the only hospitality interiors magazine that focuses specifically on boutique hospitality, Boutique Design (BD) is the authority on the boutique hotel, spa and restaurant market. About designers and for designers, BD features major hospitality projects, industry news and products which are relevant to the industry in each of its bi-monthly ...
Hospitality, real estate development, investments: ... publicly-traded hospitality company founded by Ian Schrager and specialized in the boutique hotel category. [1 ...
Founded in 1981 by Bill Kimpton and led by Chief Executive Officer Mike DeFrino, the group was the largest chain of boutique hotels in the United States in 2011. As of January 2024, it operates 81 hotels worldwide with a number of new properties forthcoming. [2]
Its average daily rate, or ADR, which serves as the hospitality industry's pricing metric, has increased in every single year over the past few years from $200 in 2009 to $236 in 2013.
Originally known as Hospitality Valuation Services, the company was founded by Steve Rushmore in 1980 in a one-room office in Garden City, New York.Rushmore, a graduate of the Cornell University School of Hotel Administration, [2] drew upon his experience as head of the hospitality consulting division of Helmsley-Spear, a position he took on in 1971.
The term "boutique hotel" was coined by Steve Rubell, who compared Morgans Hotel to a boutique as opposed to a department store, to which chain hotels were compared. [ 4 ] In recent times, boutique hotels have grown in popularity, corresponding with the general public's increased interest in individualized service.
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