Note From the EditorI remember attending a hotel conference four or five years ago and many of the big chains were there: Marriott, Starwood, InterContinental, Hilton and AccorHotels, among them. When asked, one of the CEOs said these chains were too big to merge.
Well, that ship has sailed, so to speak. After Marriott bought Starwood, and then AccorHotels tacked on Fairmont, Swissotel and Raffles, a luxury hotel duopoly has emerged, as our story today points out. Some of the smaller luxury brands believe the two behemoths aren't limber enough to adapt, and that presents opportunities. They may well have a point. — Dennis Schaal, Executive Editor |
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